The Chartered Institute of Bankers of Nigeria (CIBN) and Sun Trust Bank have emphasised the need for banks to invest massively in human capacity development to achieve a strong, sound and safe financial industry in Nigeria.
The president and chairman of council, CIBN, Professor Segun Ajibola, explained that banks must put in every ingredient in its service mandate to build capacity in the nation’s financial sector, maintaining that competency framework must be improved upon to achieve a strong and virile financial sector.
Ajibola during a courtesy visit to Sun Trust Bank to hint the new commercial bank of the institute’s vision to ensure a sustainable financial industry in Nigeria, said the institute has collaborated with international institutions and over 40 universities and polytechnics in Nigeria to drive professionalism in curriculum, pointing out this would strengthen bank’s role in ethics and professionalism.
He added that plans are underway to introduce radio, TV programmes to explain banking terminologies to the grass root in order to bridge the gap between the banking industry and the populace.
He said the institute would host its 22nd world conference of banking institutes tagged “Rethinking the future of banking and finance and life long learning in April 24 to 28, 2017, where professionals from financial service industry and other stakeholders from around the world would converge to brainstorm the way forward for the industry.
He solicited the full participation of Sun Trust Bank at the conference, saying the medium will be used to present Nigeria in its full colour to the world to attract investors from across the globe.
In his response, the Managing Director, Sun Trust Bank, Mr. Muhammad Jibrin, commended the institute for its unrelenting efforts aimed at ensuring and bringing standards to the industry.
He said despite the economic head wind currently being faced by the country, Sun Trust Bank will continue to dream big to provide world class financial services in the country.
He said capacity building is key in achieving a sound and effective financial industry, calling on the need to improve and deploy only quality personnel who have the capacity to boost operations in the sector.
“CIBN is the one institution that can provide all the support needed by the sector. We will continue to participate in your activities and take advantage of the various windows of certification for trainings, capacity building and seminars. You have our commitment working with you all the way,” he said.