Press Release: CIBN to Inaugurate New President, Bayo Olugbemi

May 14, 2020-The Chartered Institute of Bankers of Nigeria (CIBN) will inaugurate Mr. Bayo Williams Olugbemi, FCIB as the 21st President/Chairman of Council on Saturday, May 16, 2020, virtually (online) in Lagos

The Investiture, which will attract high dignitaries such as the Chairmen and Chief Executives of banks, Past Presidents of the Institute, Presidents of other professional bodies, top Government functionaries, Fellows, Honourary Senior Members, Associates, International organisations, relevant stakeholders and other business leaders in the economy who have been invited to join us online.

According to a statement by the Head, Corporate Communication and External Relations that the Institute will also ahead of the investiture, hold its 2020 presidential valedictory address by its outgoing President, Dr. Uche Olowu, FCIB which would take place on Friday, May 15, 2020 virtually (online) by 12.00 noon in Lagos, with the theme ‘Ethical Leadership in Banks and Emotional Intelligence’. The event will also be used to give insight into Olowu’s accomplishment during his tenure.

The event will also attract top management of banks and other financial institutions, regulatory agencies, captains of industry, diplomats, government functionaries and other stakeholders.

The Institute which is the umbrella professional body for banks and bankers in Nigeria was established by extant law, CIBN Act No 5 of 2007 to determine the standards of knowledge and skills to be attained by persons seeking to become members of the banking profession; secure in accordance with the provisions of its Act, the establishment and maintenance of a register of members of the banking profession and conduct professional examinations leading to the award of certificates.

The Institute was created to amongst other things, to maintain and observe ethical standards and professionalism among practitioners of the banking profession in Nigeria.

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Head, Corporate Communication & External Relations