Segun Aina emerges as CIBN President; projects change for the banking industry

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May 21, 2012 /Temple ASAJU / Proshare WEbTV

The Chartered Institute of Bankers of Nigeria (CIBN) has elected Segun Aina OFR, FCIB as the President of its Institute. Succeeding Laioye Jaiyeola FCIB, the former 1st Vice President of the Bankers Institute, Aina emerged unopposed by members of the board and eligible voters of the Institute.

At the Annual General Meeting and Election of officers of the CIBN, Jaiyeola ended his tenure stating that he believes in the succeeding leadership of Aina who was a member of his team.

Presenting his acceptance speech at the ceremony of his installation, the new President delivered his white-paper to the bankers present, noting the partnership plans with the Canadian government for Nigerian bankers. He says, “The cooperation will enhance the banking discipline and profession in the country.”

Aina says the partnership will not bring about a modification in the structure of banking in Nigeria, adding that only the modalities around banking will experience changes through the association with the Canadian Banking system.

As part of Aina’s agenda, the modus operandi of the institute’s examinations will take a new turn. Examinations will be marked online under a new data management platform, which will kick off in April 2013. Aina disclosed that there would be a banking school intended to commence operations before the end of the year, 2012.

The new president mentioned his Quality Assurance Programme for the CIBN and held that the institute will interact with bankers via the various social media platforms.

A graduate of Accounting (Unilag) and Masters of Science in Banking (Unibadan) Segun Aina OFR, FCIB served as 2nd Vice President and 1st Vice President of the CIBN from May 2012 – May 2012 and 2004 – 2006, respectively. Over the years, Aina chaired several committees of CIBN to fruition. He is Fellow of the Chartered institute of Bankers of London (FCIB); Nigerian Institute of management (NIM); Institute of Directors (FIOD) and member of the Canadian Council of Africa, amongst other professional associations.

His experience in the banking industry began in the United Bank for Africa in 1974. He crossed over to Ecobank Nigeria Plc as Assistant General Manager in 1989 and emerged an Executive Director of the bank in February, 1994. Exiting Ecobank Plc in 1999, Aina joined Fountain Trust Bank Plc (now member of Enterprise Bank Ltd.) as the Managing Director/Chief Executive until his voluntary retirement from the bank in 2004.

The new CIBN President served as Director of many other institutions within the financial services industry such as: Nigeria Interbank Settlement Scheme PLC (NIBBS), First Securities Discount House Ltd, (FSDH) and Financial Institution Training Centre (FITC).

Segun Aina is married with children.

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