From Adanna Nnamani, Abuja
Forty-six staff of the Nigeria Deposit Insurance Corporation (NDIC), have graduated from the Chartered Banker/Master in Business Administration (CB/MBA) Programme, Bangor University, Scotland.
Spokesman of NDIC, Hadi Birchi, said yesterday in a statement that the graduates also earned themselves triple qualifications of MBA, Bangor University; Associate, Chartered Institute of Bankers, Scotland, the oldest professional banking institute in the world) and Associate, The Chartered Institute of Bankers of Nigeria (ACIB).
He quoted the NDIC managing director, Alhaji Umaru Ibrahim, as saying that the agency sponsored some of its staff on the CB/MBA programme to upscale the skills of the staff in the lower/middle managerial cadre.
“According to Alhaji Ibrahim, since the beginning of the programme in 2013, 77 NDIC staff had enrolled in the Chartered Banker Bangor Programme of which, 46, including the 19 that graduated last weekend had successfully completed the programme while the others were at various stages of completion.
“The NDIC CEO used the occasion to emphasise that the banking environment was witnessing rapid changes, including the forces of globalisation of banking; economic uncertainties; advances in information and communication technology (ICT), such as block chain technology and virtual currency, which bankers must grapple with,” Birchi said.
He noted that the current economic situation, facing Nigeria underscored the need to pay greater attention to issues such as financial literacy, consumer protection.
He gave instances such as mobile money, agency banking, virtual currency, which must be harnessed and integrated into the nation’s financial services industry to enhance the role of banking system towards economic growth and development.
“The CIBN and NDIC have been collaborating in human capacity building initiatives, including the CB/MBA programme at Bangor University.
“The NDIC Academy was also recently accredited by the CIBN as a world class provider of training in banking supervision and deposit insurance for the African region,” he added.