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Ekiti Deputy Gov Decries Unprofessional Practices in Banking Industry

16 Apr 2012

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Ekiti State Deputy Governor, Mrs. Funmilayo Olayinka

From Toba Suleiman in Ado-Ekiti


Ekiti State Deputy Governor, Mrs. Funmilayo Olayinka, has charged bankers and other stakeholders in the banking industry to go back to the conservative ethical banking practices that command trust, confidence and admiration of the people for the sector.


Olayinka made the call while playing host to the outgoing President and chairman of the Chartered Institute of Bankers of Nigeria (CIBN) Mr. Laoye Jayeola in her office in Ado-Ekiti, the state capital.


Expressing her displeasure at the unethical and unprofessional practices being reported in the banking industry today, Olayinka called on CIBN to look into these and work at checking such as banking sector is meant to be a conservative industry with sustainable ethics and code of conduct that could not be faulted.


In stressing the need for bankers to balance their work and social lives by finding time to relax and be with their loved ones after the working hours, she said finding time to wind off after the stressful work makes for more effectiveness.
According to her, “There is no need staying till late night in the office, moreso that the latest ICT technologies have made banking transactions less cumbersome”.


She commended the outgoing President of CIBN, Jayeola, for his efforts at restoring sanity and dignity in the banking industry and for moving the institute to its impressive horizon in the last two and a half years.


Earlier, the outgoing President, who identified lack of competent personnel as one of the major challenges confronting the banking industry in Nigeria, said the CIBN was working assiduously at addressing this through provision of professional and ethical trainings to bankers.


He said the CIBN has made serious contribution to the industry by providing trainings, mentorship to students studying banking related courses and as well ensuring appropriate sanction for bankers guilty of unprofessional conducts.


He commended the administration of Governor Kayode Fayermi for its 8 points agenda, which he described as a clear indication of the government’s sincerity to bring all round development to Ekiti State, and solicited for the government assistance in the development of the banking industry in the state.

Tags: Nigeria, Featured, Business, Banking Industry

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