From Uche Usim, Abuja
The outgoing Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Mr Umaru Ibrahim, has been honoured by the Alumni Association of the National Institute (AANI).
The former Permanent Secretary, Ministry of Finance, Dr. Mahmoud Isa-Dutse made the declaration at a special valedictory luncheon organised by AANI in recognition of Umaru whose tenure ends in December.
At the event, Umaru Ibrahim was praised by colleagues, friends and well-wishers for his leadership qualities and his great achievements which include overseeing the Corporation’s critical failure resolution interventions in the banking sector that saved thousands of depositors from the loss of their funds to navigating the Corporation’s growth to take its prestigious position on the international scene as the Chair of the African Regional Committee of the International Association of Deposit Insurers (IADI).
Isa-Dutse said that during Umaru Ibrahim’s tenure, the Corporation was outstanding in the implementation of its mandate towards contributing to the stability of the financial system. He recalled that during his time as Permanent Secretary in the Ministry of Finance, the NDIC remained the most compliant in terms of Corporate Governance and excellence in service delivery as opposed to other agencies that were constantly grappling with numerous internal disputes and challenges.
The AANI National President, former Inspector General of Police M. D. Abubakar, who described the NDIC boss as a senior brother and a true Nigerian, said Umaru Ibrahim’s leadership qualities of discipline, dedication and passion towards excellence has translated to significant contributions to the Nation’s development.