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NDIC Academy Gets Accredited By CIBN

08 Mar

Umar Ibrahim mni, fcib, MD/CEO, NDIC receiving the Certificate of Accreditation from the President/Chairman, CIBN Council, Prof. Segun Ajibola FCIB while being flanked by officials from NDIC and CIBN

The NDIC Academy was officially awarded its accreditation Certificate by the Chartered Institute of Bankers of Nigeria (CIBN) on May… 2017.  At the Certificate presentation ceremony which held at the Banker’s House, Lagos, the Management of Corporation and the Academy affirmed their commitment to fulfilling the mandate of becoming the world’s best deposit insurer in 2020 by bridging skills gaps which exist in the industry. The Corporation was represented at the event by the entire Senior Management team and some Departmental Directors.

According to the NDIC MD/CEO, the accreditation of the NDIC Academy as a training service provider for the banking industry by the Council of the Chartered Institute of Bankers of Nigeria (CIBN) is historic and worth cherishing. He said that with the NDIC Academy’s new status, it is now strongly positioned to fulfill the Corporation’s goal of serving as a center of excellence for capacity building on Deposit Insurance Scheme (DIS) for countries in the Sub-Saharan Africa. Continuing, he noted that the Corporation prides itself on establishing high standards of professionalism and competency among its staff through the NDIC Academy and other human capital development initiatives, including the Chartered Banker/MBA program of the University of Bangor, Scotland in partnership with the CIBN.

The NDIC CEO emphasized the importance of continuous high level training in order to achieve the Corporation’s core mandates of deposit guarantee, bank supervision, bank distress resolution and bank liquidation. The ultimate goal, he said, would be to enhance depositor protection and public confidence in the banking system.

In his earlier address, the President and Chairman, Council of CIBN, Prof. Segun Ajibola commended the Corporation for its consistent efforts toward meeting high standards for the benefit of the banking industry and the larger economy. Prof. Ajibola described the NDIC’s readiness to subject itself to the rigors of the accreditation process as a testimony of its Management’s commitment towards capacity development in order to equip its workforce with critical skills to enhance their performance and productivity. Furthermore, he said that there would be periodic monitoring of the Academy to ensure that standards were maintained, adding that the accreditation would last for three years after which the Academy would require recertification. The Executive Director (Ops) Prince Aghatise Erediauwa and Executive Director (Corporate Services) Hon. Omolola Abiola-Edewor, both of who witnessed the event, expressed satisfaction with CIBN’s emphasis on merit-driven accreditation process and noted the Corporation’s readiness to ensure that the newly attained status is sustained to enhance its capacity in service delivery.

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