CIBN welcomes 741 new members into its fold
By Felicia Nwosu
The Chartered Institute of Bankers of Nigeria (CIBN) has welcomed 741 new members into its fold during the 2024 second induction ceremony held in Lagos. Leading the event, the Institute’s President and Chairman of Council, Prof. Pius Olarenwaju, emphasized the critical need for excellence and innovation in banking practices to enhance operational efficiency and ensure customer satisfaction.
Prof. Olarenwaju, addressing the inductees during the hybrid ceremony, highlighted the rapid transformations within the financial sector, driven by emerging technologies. He urged the new members to prioritize continuous professional development, which is vital for career progression and effective networking within the industry.
Underscoring the theme, “Unlocking Your Potentials: Positioning for Next Levels,” Prof. Olarenwaju outlined essential elements for realizing one’s full potential, including the adoption of a growth-oriented mindset, embracing technological advancements, and cultivating a strong personal brand.
As part of his leadership vision, Prof. Olarenwaju reaffirmed his commitment to reinforcing ethics and integrity within the banking sector, which are indispensable for building and maintaining trust among stakeholders. He also reiterated the importance of the ongoing bank recapitalization initiative, first announced at the 2023 Annual Bankers Dinner. This initiative aims to solidify the financial sector, bolster lending capabilities, attract foreign investment, and ultimately, contribute to Nigeria’s economic growth.
During the ceremony, Prof. Olarenwaju congratulated the inductees, who included participants from Nigeria as well as international candidates from Sierra Leone, Mozambique, Kenya, Ghana, and The Gambia. The event also featured key insights from industry leaders, including Mazi Sam Ohuabunwa and Hajia Risikatu Ahmed, who shared strategies for navigating career challenges and achieving professional growth.
The ceremony concluded with the recognition of donors and the presentation of awards to top-performing students, highlighting the Institute’s commitment to nurturing the next generation of banking professionals
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