This Day (Lagos)

Nigeria: CIBN Moves to Develop Manpower in Banks

The Chartered Institute of Bankers of Nigeria (CIBN), has entered into is a strategic partnership with the Pan Atlantic University (PAU), with a view to developing bankers with international professional

knowledge and skills to drive the Nigerian banking and finance industry. To this end, a statement disclosed that the Centre for Financial Studies (CFS), a subsidiary of the CIBN had signed an agreement with the Lagos Business School of the PAU.

The affiliation agreement would among other things, enable CFS and LBS/PAU to strategically engage in a number of activities to achieve the objectives of the CFS which are to engage in Research on topical emerging and contemporary issues in the banking and finance Industry.

In line with this, the advisory board of the CFS which comprised of top professionals from the financial and other sectors of the economy had been inaugurated by the President/ Chairman of Council, CIBN, Segun Aina. Members of the board include the Deputy Governor, Economic Policy, CBN, Dr. Sarah Alade, who is to serve as the Chairman; Vice-Chancellor, Ahmadu Bello University (ABU), Zaria, Prof. Abdullahi Mustapha;

Director-General, Nigeria Institute of Social and Economic Research (NISER), Prof. Olufemi Taiwo; and Managing Director/ Chief Executive, First Bank of Nigeria, Mr. Olabisi Onasanya, amongst others.

Speaking during the event, Aina noted that the CFS was set up to address the identified gaps in the banking and finance industry. "After identifying the gaps, we saw the needs to improve the skills and competencies of future executives in Nigerian banking and financial services industry and that was what prompted the Institute to set up the CFS which is aimed at being a game changer in education and learning in the banking and finance industry," he explained.

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