FITC Celebrates 40th Anniversary


The FITC, an innovation led and technology-driven organisation is celebrating 40 years of providing transformative knowledge solutions to the financial services, and other sectors of the economy.

A statement from the organisation explained that for four decades, FITC has delivered best-in-class knowledge solutions and services to a pool of over 150,000 multidisciplinary and versatile professionals ranging from directors of banks and other financial institutions, top management, and middle level staff of other sectoral organisations from both the public and private sectors of the economy, and across 53 countries and six continents.

FITC was established in 1981 as a limited by guarantee non-profit professional service organisation, based on the Company’s Act of 1968. It was created in response to the recommendations of the Pius Okigbo committee, which was set up by the Federal Government of Nigeria in 1976 to review the financial service system.

Under the direct supervision of the Central Bank of Nigeria (CBN), the Nigeria Deposit Insurance Corporation (NDIC) and the Nigerian Bankers Committee, FITC has since remained committed to the advancement in knowledge content that is creatively designed to reinforce the Nigerian financial system.

In refocusing to be better equipped to deliver value, even amid disruptive trends and the impending changes the VUCA times presented, FITC recreated and re-engineered its processes and programmes, making them more applicable for the future of work, and more impactful to individuals and organisations.

This was accomplished through the organisation’s visionary and proactive steps to become nimble by promptly adopting and embracing enterprise agility as part of its corporate strategy even before the COVID-19 pandemic chanced upon the world.

Speaking on the anniversary, as well as the strategic organisation-wide transformation of the knowledge institute in the past year, the Managing Director/CEO FITC, Chizor Malize noted “In a rapidly changing world, we realised the need to significantly accelerate the pace of transformation in our organisation to remain dynamic, forward thinking, contemporary and relevant. We recognise that organisations are successful at improving performance and sustaining impact through its change efforts, hence the re-engineering of our products and portfolios.

“For four decades, FITC has been an innovator from the start, enabling people and organisations to excel. With our expertise, we have helped individuals, and its organisations realise the power of their potentials through knowledge solutions that drive superior performance by helping them to implement solutions for capacity development through learning, organisational structure design and business performance strategy development.” she noted.