By Prince Okafor
AS bankers from all over the world converge in Lagos for the World Conference of Banking Institutes (WCBI) next month, the Vice president, Professor Yemi Osinbajo, will be leading the Federal Government team along with the Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, in projecting Nigeria’s financial and economic opportunities to global finance audience.
Ag Pres Osinbajo
The 22nd edition of the biennial conference, the first in West Africa, would be hosted by the Chartered Institute of Bankers of Nigeria, CIBN.
The conference which will attract chief executive officers both in the private and public sectors across the globe, would be focusing deliberations on the theme: “Re-Thinking the Future of Banking and Finance and Life Long Learning.”
According to the President and Chairman of Council, CIBN, Professor Segun Ajibola, the conference will seek to review and keep abreast of changes in the domestic and global financial systems, as well as underscore the crucial role played by the banking and financial services sector in the global economy.
He stated: “The conference is geared at addressing impacts of technology and globalization on the financial services sector and how it can be effectively applied in service delivery, both to bank customers and in banking education and training.”
Ajibola said that the hosting of this conference in Nigeria is very timely and auspicious considering the fact that the country is in search of viable alternatives towards repositioning the economy. He said, “We want to reflate our economy and attract investments into the country. This conference will provide a veritable platform for us as a nation to showcase to the entire world our rich cultural heritage and investment potentials. We are expecting over 750 participants from all the continents of the world and we have started receiving confirmation of attendance in this regards.”
Ajibola also informed that the Governor of Lagos State, Mr Akinwunmi Ambode, has adopted the conference as part of the State’s activities to celebrate the 50th anniversary of its creation in recognition of the huge potentials the hosting of the Conference in Lagos offers. The banking industry in Nigeria, according to him, would be fully present at the conference with Emefiele playing a lead role.
Ajibola had also noted the pivotal role if CIBN in nurturing a knowledge based strong banking sector in Nigeria. He stated: “To ensure universality of knowledge and skill in the industry, the Bankers Committee has appointed the Institute as the Sole Accreditation Agency for the implementation of the Competency Framework for the Nigerian Banking Industry.”
“To carry out this mandate, we are in strategic partnership with highly reputable local and foreign institutions such as International Finance Corporation (IFC), Global Association of Risk Professionals (GARP), London Institute of Banking and Finance, UK, International Association for Examination Assessment (IAEA), Retail Banking Academy, a member of the Lafferty Group, UK, Risk Managers Association of Nigeria (RIMAN), the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and many tertiary institutions in Nigeria.”