CBN: Citibank raising industry’s bar
The growth in Nigeria’s financial sector has been lauded, as Citibank Nigeria has once again been commended for boosting the industry’s growth.
The commendation was given to Citi by the Nigeria’s apex bank during the recently concluded Cash & Trade Seminar for Banking Industry professional hosted by Citibank Nigeria.
Speaking at the seminar, attended by over 45 participants from various banks in the industry, Deputy Director of Trade & Exchange, the Central Bank of Nigeria (CBN), Mr. Olu Vincent commended Citi for the positive contribution to the improvement of the Nigerian Banking industry.
Vincent, guest speaker at the forum, lauded the rich content of the seminar, encouraged other banks to emulate the positive example set by Citi through the seminar and other industry developmental initiatives.
Meanwhile, the Citi’s annual seminar reflects a demonstration of the bank’s commitment to using its global resources and expertise to improve the knowledge base of Nigeria’s banking professionals.
The bank, in a statement made available to Daily Times Nigeria, disclosed that the course content is designed to provide both intermediate analysis of international cash & trade policies and processes and an insight into current global developments and emerging trends.
The forum also provides an excellent opportunity for interactive discussions between key operators in the local market.
Citi Financial Institution’s Head in Nigeria, Mr. David Oji, said “Citi’s objective is to share with participants important developments in international trade and payments and to provide a better appreciation of the fundamentals governing these aspects of international banking.
These seminars are targeted in particular at bankers who are directly responsible for processing cash & trade transactions and/or marketing related products.”
The seminar was officially opened by the CEO of Citi Nigeria, Mr. Akinsowon Dawodu. Dawodu highlighted Citi’s partnership with other banks in the industry and reinforced Citi’s commitment to improving the standard of banking for all key stakeholders including regulators, banks and customers.
The primary facilitator was Mr. Parvez Todiwala a renowned Senior Trade Advisor from Citi EMEA Trade Advisory and Trainer with experience in International trade and payments. Other facilitators were Mrs. Iheyinwa Onwuasoanya, Citi Correspondent Banking Group Head in Nigeria and Ms. Shola Phillips, Country Chief Compliance Officer.
Also in attendance was also another guest speaker, Mr. Munish Modi, the Group CFO Africa Industries Group who also commended the high class of the forum, its rich content of the high standard set by Citi in the financial sector.
Stories by Bonny Amadi
