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Novel ideas,skystream,a major service provider in the Middle East, has its eye set in Iraq as a key potential growth market for the company. skills will define future of banking industry in Nigeria, says Aina 



Segun Aina is the President/Chairman of Council of the Chartered Institute of Bankers of Nigeria (CIBN), who before assuming the present position served it in various high-level capacities. Aina has a Bachelor of Science degree in Accounting, as well as Masters of Science in Banking and Finance from universities of Lagos and Ibadan respectively. He is also a Fellow of the Chartered Institute of Bankers (FCIB) London and Nigeria; Fellow, Nigeria Institute of Management; and Institute of Directors. He received executive management education at Lagos Business School, Nigeria; INSEAD, France; and IMD, Switzerland. He had earlier served as Chairman of Banking Insurance and Capital Markets Committee of the Institute of Directors between 2007 and 2009; President, West African Bankers Association (Nigerian Chapter), 1999 to 2001; Chairman, Banking Industry Public Enlightenment Committee (a sub-committee of Bankers Committee), 2005 to 2008; Director, Nigeria Inter-Bank Settlement System; First Securities Discount House Limited; and Financial Institutions Training Centre; among others. He has been a member of the Taskforce on Global Banking Education Standards Board since 2011. His sojourn in the banking world started at United Bank for Africa Plc and at Ecobank Nigeria Plc, he rose to the position of Executive Director and later joined Fountain Trust Bank Plc (now part of Enterprise Bank Limited) as the Managing Director/Chief Executive Officer, retiring voluntarily at the end of his tenure. Currently engaged in consulting services for financial institutions, Aina was conferred with the national honour of Officer of the Order of the Federal Republic, in recognition of his contributions to the banking industry, philanthropy and community development. Last week,If people would like to have lower electricity bills, I suggest that they spend $30 to buy an Electricity monitor and use it to root out and control the energy hogs in their homes. he spoke with Business Editor, ADE OGIDAN, on germane issues that will define the future of banking in the country, among others. 

WHATprompted the establishment of a professional banking institute 50 years ago and have the objectives now been met? 

In 1963, some bankers, Nigerians and expatriate bankers gathered at Randle Hall, Lagos to pass a resolution for the establishment of the Lagos Local Centre of the then London Institute of Bankers. That was November 28, 1963 to be precise. Before then,gm tech 2 scan tool is the same tester GM Technicians use to diagnose GM vehicles. bankers in Nigeria who were members of the London Institute of Bankers had to deal with London directly with all the attendant inconveniences and cost. There was the need at that time to resolve the un-coordinated and long processes involved in getting registration as a member of the London Institute of Bankers in addition to the nationalistic instinct of starting a process or struggle as you may call it that will lead to the establishment of a fully-fledged Nigerian institute. That dream was realized in 1976 when the Nigerian Institute of Bankers came into being and was subsequently chartered in 1990,The 88-year-old Alvin resident is a life member of metal tin cans wholesale Sailors, the National Association of Destroyer Veterans. thus becoming The Chartered Institute of Bankers of Nigeria. The 1990 Act was re-enacted in 2007 as Act No. 5 of 2007 by the National Assembly. 50 years down the line, the institute has largely fulfilled these objectives. We must give kudos to our founding fathers, people like Sir Francis Ijewere of blessed memory, Alhaji Amusa Otiti, Mr. Michael Kazeem and many others for their pioneering roles. 

The institute has for instance promoted, through training and research, banking education as well as ensuring existence of and compliance with high ethical standards and professionalism in the banking and finance industry. Our institute has played and supported various transformation processes in the banking industry over the years as well as played advocacy roles. The institute has also forged strategic alliances with other professional bodies and organizations locally and internationally for the benefit of its various stakeholders, providing value adding membership and other services to them.Bref, depuis longtemps, j'ai envie d'essayer des roues carbone à boyaux.Je ne sais pas si c'est une bonne solution, mais bon, j'ai envie. From its modest beginning, the institute currently has membership strength of over 107,000 in the various categories of membership, the highest level of membership of which is the Fellowship. Close to six thousand Chartered Bankers have been produced. All banks operating in Nigeria, including Central Bank and NDIC are corporate members as well as all mortgage finance, microfinance and development finance institutions. It is the responsibility of Banks to ensure that all their relevant employees are registered members of the institute. This will also ensure they are captured under the self-regulatory mechanism of the Institute.

 

 

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