Business
THE newly inaugurated President of the Chartered Institute of Bankers of Nigeria, CIBN, Mr Dele Alabi, has unveiled a six-pillar agenda to boost inclusion, professionalism, accountability and innovation in the country’s banking sector.
Alabi, who unveiled the two-year roadmap tagged the “IMPACT Agenda” during his investiture in Lagos on Saturday, said it would consolidate the institute’s achievements while enhancing its global relevance.
He explained that IMPACT is an acronym for Inclusion, Membership Economy, Professionalism and Ethical Conduct, Accountability and Enhanced Financial Performance, Competencies and Skills Development, and Technology, Automation and Innovation.
According to him, the agenda, which is built on the achievements of past administrations, is designed to help the institute remain relevant amid rapid technological changes, regulatory reforms and evolving customer expectations.
“The IMPACT Agenda is a call to purposeful action to ensure relevance, responsiveness and resilience, while continuing to play a pivotal role in shaping the future of the banking and finance industry in Nigeria and beyond,” he said.
On financial inclusion, Alabi said his administration would expand financial literacy programmes, promote women’s empowerment, support Micro, Small and Medium Enterprises (MSMEs), and increase participation across demographics and regions.
He said the institute would also collaborate with key agencies, including the Financial Services Regulation Coordinating Committee and the National Universities Commission (NUC).
Alabi added that the institute would work with the National Board for Technical Education (NBTE) and the Nigerian Educational Research and Development Council (NERDC) to strengthen financial education and policy engagement.
On membership development, the president said efforts would be made to expand the institute’s membership base, reactivate dormant members, strengthen youth engagement and establish international branches for Nigerians in the diaspora.
He added that ethical standards would be reinforced through annual ethics summits, advocacy programmes and sensitisation engagements with stakeholders, including judges and legislators.
Alabi also said the institute would review its curriculum and certification programmes to align with global best practices and emerging industry trends, while strengthening compulsory continuous professional development for members.
On technology, he said the institute would upgrade its digital infrastructure, establish a digital library and transform its learning centre into a Digital Learning Resource Centre and Innovation Hub.
Alabi linked the institute’s agenda to broader economic developments, noting that the economy showed signs of recovery despite inflationary pressures and tight monetary conditions.
He also referenced the ongoing recapitalisation of banks, saying 33 banks had raised N4.65 trillion as of March 31, which, according to him, would boost the sector’s capacity to support economic growth.
Alabi thanked members of the institute for the confidence reposed in him as the 24th president, promising to lead with integrity, discipline and accountability.
“With your support, this agenda will deliver meaningful outcomes for the institute, members, stakeholders and the wider economy,” he said. (NAN)
A.I
May 17, 2026
Tags: CIBN IMPACT Agenda Mr Dele Alabi