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CIBN celebrates achievers in banking sector, boosts contribution to economic growth 

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L-R: Mr. Femi Ekundayo, FCIB, Past President, CIBN; The Chairman of the occasion, Dr. Stella Chinyelu, Okoli, OON, Founder, Emzor Pharmaceutical Industries Limited; Mrs. Mojisola Bakare-Asieru, FCIB, 2nd Vice President, CIBN; Prof. Pius Deji Olanrewaju, Ph.D, FCIB, President/Chairman of Council; The Guest Speaker, His Excellency Prof. Adeola Adenikiju, President of the Economic Society of Nigeria; Mr. Dele Alabi, FCIB, 1st Vice President, CIBN; Dr. Peter Ashade, FCIB, National Treasurer, CIBN; Mr. Akin Morakinyo, HCIB, Registrar/CEO at the 2024 Fellowship Investiture on Saturday in Lagos

Nike Popoola

The Chartered Institute of Bankers of Nigeria (CIBN), on Saturday, celebrated eminent bankers and other distinguished fellows in the banking sector, at the elaborate 2024 Fellowship Investiture, with the theme, ‘Maximizing the potentials of the Nigerian economy: Policy options, challenges & prospects’.

The event which took place at Habour Events Center, Victoria Island, Lagos, was largely attended by leaders in the banking sector, regulators, financial chieftains, government officials and other stakeholders in the economy.

Out of the 646 awardees honored at the event, 15 were Honorary Fellows; 422 were Fellows, and 209 were Honorary Senior Members of the Institute

The President, Nigerian Economic Society (NES), Prof. Adeola Adenikinju, who was the keynote speaker, urged the  Chartered Institute of Bankers of Nigeria (CIBN) to be active and engaged in the policy process for better economic outcomes.

Adenikinju said, “As global economic dynamics evolve, the future of the Nigerian economy may see increased volatility and complexity. However, the outcomes will depend on our collective actions and inactions as professionals and as a nation.

“Associations like the CIBN and the NES must stay active and engaged in the policy process. Policymakers must remain adaptive, considering emerging geopolitical and domestic trends that could impact the nation’s trajectory. Coordinated efforts between government, private sector and international partners are crucial to maximising economic opportunities.”

He said that Nigeria’s potential is vast but requires focused policy actions to overcome challenges.

According to him, “Infrastructure, governance, and human capital reforms are essential for unlocking long-term growth. Therefore, critical policy priorities to unlock Nigeria’s Potential need to focus on Intellectual Development, Infrastructural Development and Institutional Development

Some of the eminent bankers conferred with the Fellowship of the Institute at the event are: Mr. Moruf Oseni, HCIB, MD/CEO, Wema Bank Plc; Mr. Bolaji Lawal, HCIB, MD/CEO, Ecobank Nigeria Ltd; Mr. Korede Adenowo, HCIB, Managing Director/CEO, First Bank UK Limited; Mr. Dalu Ajene, HCIB, MD/CEO, Standard Chartered Bank Nigeria Ltd; Dr. Olasupo Olusi, HCIB, Managing Director/CEO, Bank of Industry; Ms. Bolaji Agbede, HCIB, Group Managing Director/CEO, Access Corporation Plc; Mrs. Patience Folashade Jacobs, Managing Director/CEO, Peerless Manufacturing Limited & Former Executive Director, Bank of Industry;

Dr. Ahmed Babatunde Popoola, MD/CEO, CRC Credit Bureau Limited; Mrs. Amaka Onwughalu, HCIB, Managing Partner, Blueshield Financial Services & Member, Board of Directors, Fidelity Bank Plc; Mr. Shehu Usman Osidi, HCIB, Managing Director/CEO, Federal Mortgage Bank of Nigeria; Mr. Taiwo Joda, MCIB, HCIB, MD/CEO, Accion Microfinance Bank; Mrs. Bunmi Lawson, MD/CEO EdFin Microfinance Bank, Pioneer MD/CEO ACCION MFB & Director, Coronation Merchant Bank Ltd; Mr. Ade Bajomo, HCIB, Former President, Fintech Nigeria; Prof. Russell Olukayode Somoye, HCIB, Professor of Banking and Finance, Olabisi Onabajo University, Ago-Iwoye, Ogun State; and Prof. Binta Tijani Jibril, Professor of Economics, Bayero University, Kano.

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