CIBN inducts 812 professional bankers
The Chartered Institute of Bankers of Nigeria (CIBN) has inducted new graduates into their professional banking careers.
The institute, which said it is determined to enhance the quality of banking professional competencies through certification and continuous professional development, inducted 812 graduates comprising 21 Chartered Banker MBA (CBMBA) graduates, 160 ACIB graduates, 583 Microfinance Certified Professionals (MCP) and 55 Diploma graduates who have successfully completed the different categories of the Institute’s examinations.
The CIBN, held its 2016 graduates induction and prize awards day with the theme: ‘Starting Up the Right Way: Attracting Investment to your Fledgling Business.’
In his speech, the President/Chairman of Council, CIBN, Professor Segun Ajibola, said that the significance of Induction ceremony as normally conducted by professional bodies is to formally admit or elect into its professional ranks student members who have passed the requisite examinations to attain the heights expected of their professional education and career prospect.
He explained that admission of student members who have passed the prescribed examinations and fulfilled all other conditions set by the Governing Council into the Associateship (ACIB), Microfinance Certified Bankers (MCIB) and the Diploma stages to the extent that, in learning and character, they are ready to abide by the Institute’s creed of Trust and Honesty.
Commenting on awards to outstanding student members, he said, “Student whose performances in the preceding yea’s banking professional and other certification examinations were exceptional were honoured.”
Ajibola, however, congratulated all the graduating professional bankers, and also acknowledge the invaluable contributions of their spouses, partners and families whose support and encouragement had been vital to the successes they have recorded in the various examinations.
According to him, “While you must rejoice and celebrate your achievements, you must also realize the enormity of responsibility that are now enthrusted on you. You should henceforth exhibit a high degree of moral rectitude, ethics and professionalism in the discharge of your duties. You must at all times abide by and observe the Code of Conduct in the Nigerian Banking Industry.”
CIBN boss disclosed that the Institute has been conscientiously working closely with the regulatory bodies in the banking industry, the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) and indeed the Bankers Committee to reprofessionalise banking leveraging on the Competency Framework.
“As you may probably have been aware, the central objective of the Competency Framework introduced in 2012 is to specify the minimum competencies for job roles, career paths and cutting edge training programmes.
“In discharging its role as the Accreditation Agency, the Institute has so far accredited 40 tertiary institutions and seven bank academies while the others and a couple of training service providers are currently at different stages of accreditation” he said.
