Report of the registrar/chief executive the chartered institute of bankers of Nigeria (cibn) Saturday, May 17, 2014 introduction
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During the year under review, the Institute enjoyed positive publicity through the local and international print and electronic media. Major programmes and events of the Institute such as the Annual General Meeting (AGM); 2013 Investiture; Banking Certificate and ACIB Graduates’ Induction/Prize Awards Day; 7th Banking and Finance Conference; Annual Lecture; 47th Annual Bankers’ Dinner/50th Anniversary Awards & Gala Night and 2013 Annual Seminar on Banking and Allied Matters for Judges were adequately supported and reported by the media.
Bank Plc, & Chairman, Consultative Committee on the 7th Banking and Finance Conference. On the other hand, a World Press Conference was held on Saturday, May 18, 2013 to flag off the 50th Anniversary activities and programmes. The President/Chairman of Council, Dr. Segun Aina, OFR, FCIB addressed the media and used the opportunity to talk about the history of the Chartered Institute of Bankers of Nigeria, its achievements, challenges, and new strategic initiatives and key areas of focus. The event was attended and reported by four (4) electronic (NTA, Channels, STV and MITV) and 21 print media houses.
The Institute issued press releases on the sad event of the demise of Chief Samuel Adegbite, OON, FCIB, Past President. Similarly, press releases were undertaken on the inaugurations of CIBN UK and CIBN Canada Branches. Apart from the above, the Institute organized media interviews for Dr. Segun Aina, OFR, FCIB, President/Chairman of Council during which he discussed issues relating to the Institute, banking, finance and the economy.
The following members and staff of the Institute were honoured during the year under review:
We congratulate all the honourees and wish them many more years of distinguished services to the nation.
The Institute is among the thirteen (13) professional bodies nominated by the Federal Government of Nigeria along other high powered delegates (492 delegates) drawn from the 36 states and the Federal Capital Territory, political parties, the Civil Societies, ethnic nationalities to participate in the National Conference inaugurated on March 17, 2014 at Abuja. The Institute and the banking industry are being represented by Dr. Segun Aina, OFR, FCIB, President/Chairman of Council. The Institute has set up a Think Tank team and has sought input from relevant stakeholders including banks to ensure effective representation at the three (3) month Conference.
The Institute during the year under review provided an office accommodation on the 5th floor of Bankers house for Committee of Chief Compliance Officers of Banks.
The under listed corporate organizations sponsored or co-sponsored some of the Institute’s programmes during the year under review:
We hereby, once again, express our gratitude to the Board, Management and Staff of the organizations.
During the year under review, the under listed companies placed their corporate adverts in some of the Institute’s programmes: H. Pierson, KKonTech and Samsung Electronic West Africa. The Institute expresses its gratitude to the Board, Management and staff of the organizations who supported it in various ways during the year.
The Institute also placed special newspaper advertisements in honour of the following members in the year 2013:
The National Secretariat Annex, Abuja (NSAA) held the 9th Business Managers’ Roundtable with the theme “International Financial Reporting Standards (IFRS): Implementation Challenges and Resolution Options” on August 27, 2013 at the Reiz Continental Hotel, Abuja with twenty two (22) fee-paying participants drawn from banks, other financial institutions and Government parastatals.
In order to enhance its continued presence in the Federal Capital Territory of Abuja, as the preferred professional body, the Institute acquired a property at a total cost of one hundred and sixty seven million, seven hundred and thirty eight thousand and five hundred Naira only (N167,738,500), comprising the following:
The property is located at Plot 184, Asokoro District, No 20. Lord Lugard Street, Asokoro. The Foundation stone laying ceremony of Bankers House, Abuja was performed by the President/Chairman of Council on March 21, 2014. The NSAA provided Secretarial and Logistics support to the Abuja Land Committee that assisted the Institute in identifying and arranging for the purchase of the land.
As you may recall, the Institute’s land at Plot 226, Cadastral Zone B05, Utako, Abuja is still under litigation. Our Lawyers are diligently prosecuting the case in court. In order to resolve the case faster, a Committee (the Abuja Land Committee), of which the GH, National Secretariat Annax, Abuja (NSAA), is the Secretary, has been set up to follow up and ensure positive results.
Membership drive visits were undertaken to Unity Bank Plc’s Head Office, Abuja, First Bank of Nigeria Plc, Maitama, Nigeria Deposit Insurance Corporation (NDIC); Federal Polytechnic, Nassarawa and Bank Managers’ Forum, Kaduna and Gombe. The National Secretariat Annex, Abuja also played host to the Students of Banking and Finance Department of the Plateau State Polytechnic, Barkin-Ladi, Plateau State.
During the year under review, National Secretariat Annax, Abuja (NSAA) supervised the election of officers of Nassarawa (on May 30, 2013) and Gombe (on September 25, 2013) State branches.
Nassarawa State Branch was inaugurated by the President/Chairman of Council on June 7, 2013 while Gombe State Branch was inaugurated on March 28, 2014.
The National Secretariat Annax, Abuja (NSAA), facilitated the President/Chairman of Council’s visits to FCT Branch from February 22 -23, 2013, Benue State Branch and Plateau State Branch on September 12, 2013 and September 13, 2013 respectively.
As part of its key responsibilities to liaise with Banks, Federal Government and its Agencies, the National Secretariat Annex, Abuja (NSAA) facilitated engagements and dialogue with personalities among who are listed below:
During the year under review, the Institute’s celebrated its 50th Anniversary with the following activities and programmes:
The Essay Writing Competition was organized for the students of Banking and Finance in tertiary institutions and Student Members of the Institute, to enhance the quality of competencies through continuous professional development. A total of 98 candidates participated in the competition but, following thorough assessment and grading, thirteen (13) candidates were short-listed and invited for interview. After the interview, the following candidates emerged winners:
The candidates received various prize awards. We once again, congratulate them and their institutions.
Scholarship Awards were presented to 50 outstanding students on the following basis:
The Bankers Walk for Charity and Novelty Football Matches were held on Saturday, November 2, 2013. It was organized by CIBN Lagos State Branch at the instance of and support by the National Secretariat. The Walk commenced from UBA Head Office Building in Marina, Lagos at 8.10 a.m. and terminated at the National Stadium, Surulere, Lagos. The novelty football matches were organized by the National Secretariat at the National Stadium, Surulere, Lagos, same day. CIBN Union Bank Chapter played against CIBN Fidelity Bank Chapter while the Governing Council locked horns against Association of Professional Women Bankers (APWB). First Registrars Limited donated the plaques which were presented to the teams that participated in the matches. The two events recorded over 600 participants from Banks and other financial institutions as well as members of the Institute. It is heart-warming that following the success of the programmes and the benefits, participants requested the Institute to organize similar programmes periodically.
Special Governing Council Session was held on November 28, 2013 at the Council Chamber of the Institute. Present at the meeting were members of the Governing Council, Founding Fathers, Banking Veterans and Past Registrars/Chief Executives of the Institute. Awards were presented to the Founding Fathers, Veterans and Past Registrars.
The Institute produced an electronic documentary titled: CIBN Chronicles: A 50th Anniversary Documentary film. The documentary which chronicled the past, present and future of the Institute, was presented during the Special Anniversary Governing Council Meeting held on November 28, 2013. It was subsequently launched at the 47th Annual Bankers Dinner/50th Anniversary Awards & Gala Night, held same day at the Intercontinental Hotel, Victoria Island, Lagos.
The Institute produced multiple new products which were unveiled during the 47th Annual Bankers Dinner/50th Anniversary Awards & Gala Night held at the Intercontinental Hotel, Victoria Island, Lagos. The products included Certificate programmes in Mortgage Finance, Human Capital Management, Risk Management, Treasury Management, Finance & Investment Banking; CIBN I-Learn; Online Bookshop; CIBN E-Journal; CIBN I-Care; CIBN Connect and Centre for Financial Studies (CFS).
Thanksgiving Services were held as follows:
Members of the Institute, who attended the Jumat Service were led by Mr. Yemi Adeola, FCIB, MD/CEO, Sterling Bank Plc. In attendance were Mr. Kola Abdul, FCIB, MD/CEO, Skyfield Savings & Loans, Mr. Wale Adeyemi, FCIB, former Chairman, CIBN Lagos State Branch and over 50 other members of the Institute.
Members of the Institute were led by the Chairman, CIBN FCT Branch & Executive Director, Bank of Agriculture, Mr. B. M. T. Sadiku, FCIB and Secretary of the Branch, Barrister. S. O. Q. Giwa, FCIB. Over 30 other members of the Institute attended the Jumat. .
The 1st Vice President, Otunba (Mrs) ‘Debola Osibogun, FCIB and the National Treasurer, Dr. Uche M. Olowu, FCIB led members of the Institute to the Thanksgiving Church Service. About 120 members were in attendance.
’Lady Frances Beckey, MCIB, FCIB, Mrs. Tayo Itseumah, FCIB and Dr. G. O. C. Okenwa, MON, ACIB led over 50 members of the Institute and the Banking Community in Abuja to the Thanksgiving Service held in the Holy Trinity Catholic Church, Maitama, Abuja.
The good news of CIBN’s 50th Anniversary was received with joy and happiness by many individuals, Institutions and organizations across the globe, who sent goodwill messages to the Institute. Notable among them were:
Distinguished Members, I am sincerely obliged, for many reasons, the greatness of which may perhaps be that, I will not have opportunity of another Annual General Meeting to, as the Registrar/Chief Executive of your Institute, openly express the depth of my gratitude to you all. In the first instance, you gave me the opportunity to serve you; and in the second, you tenaciously upheld me with your prayers, guided, encouraged, co-operated and supported me during my tenure as your Chief Executive and indeed, since my joining the service of the Institute, over fifteen (15) years ago. How time flies! Ladies and Gentlemen, you deemed me fit, worthy and reposed a lot of confidence in me to be of service to you and the galaxy of the Institute’s stakeholders. I have played my part and about to leave the stage. What is left, as I step aside very soon, obviously before the next AGM, is history. I have in many respects benefited immensely from my role-play in the Institute and the banking and finance industry. Not least are the added experiences, exposures, challenges and lessons learnt. For all of the above and certainly much more, I thank you, all members of our revered Institute, the Founding Fathers and Council Members (inclusive of the President/Chairman of Council and other Office Holders). You individually and collectively took the onerous responsibility of shepharding what is today, The Institute. I remain grateful to you all. I hereby profusely thank the management and staff of the Institute. We entered the ship of the Institute at a time and have remained steadfastly together till now. We jointly struggled with challenges and any recorded successes were the results of our joint efforts. That the ship is neither on standstill nor on backward movement is an eloquent testimony to your stewardship. As our ship archors temporarily ashore, I step out with good and life-long memories of your overwhealming support, co-operation, loyalty and, most of importantly, tolerance of my obvious weaknesses. I make just one more request of you out of the numerous in the past, that is, that you uphold and take to higher levels the already flying flag of our noble Golden Institute. The successful journey to Centenary is entrusted to and rests in your able hands. I know you are well able to deliver. Since joining the Institute, Ladies and Gentlemen, I have had the rare privilege and opportunity to work, albeit harmoniously and successfully, with some of the Founding Fathers and very Senior Members of the Institute, eight (8) constituted Governing Councils, eight (8) Presidents/Chairmen, one (1) Registrar/CEO, three (3) Governors and one Ag. Governor of the Central Bank of Nigeria, two (2) Managing Directors/CEOs of Nigeria Deposit Insurance Corporation, numerous Managing Directors/CEOs of Banks and other Financial Institutions, Subsectoral Associations and Committees in the industry as well as local and international organisations, especially the Alliance of African Institutes of Bankers (AAIOB) and World Conference of Banking Institutes (WCBI). I thank you all heartily, for the honour of having me work with you. As many of you may appreciate, the hand of the Almighty God has remained constant and very visible in all the undertakings of the Institute. In His will have been our accomplishments. I am sincerely and humbly grateful to Him for graces, which include divine direction, guidance, good health, sound mind and peace. To Him be all the Glory! Finally, giving vote of thanks has become part of me as the Institute has made a professional of me in the regard. That accounts for my seeming high emotion in rendering this aspect of the report. I want to assure you all that I cherish my Life Fellowship of our great Institute and so, I cannot avoid being seen in Bankers House again. Thank you all for being there for me, always. Thank you very much! ‘Uju M. Ogubunka, Ph.D, FCIB Registrar/Chief Executive The Chartered Institute of Bankers of Nigeria Saturday, May 17, 2014 AGM Report of the Registrar/Chief Executive Directory: admin admin -> Grades II -ix) jssps/ctp/PO/GA/031/12-13 Date: 20th June 2012, Wednesday Dear Parents, After the excellent results obtained last year, jssps has decided to register for the Olympiad Exams for the academic year 2012-13 admin -> Meaning of disaster management type of disaster present synario of disaster in india admin -> Table Of Contents introduction 2 admin -> Town of Nags Head Annual Report admin -> Hurricanes are getting fiercer admin -> Ieee/iee electronic Library (iel) admin -> Project Title: Research and Development for goes-r risk Reduction Principal Investigator admin -> General information admin -> Annual Safety and Security Report Download 271.35 Kb. Share with your friends:
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