The President/Chairman of Council of the Chartered Institute of Bankers of Nigeria, Prof. Segun Ajibola, has tasked stakeholders in the banking profession to raise the bar of professionalism.
He said the time had passed when banking business and operations were left for all comers in the country, adding that only professionals would be allowed in the sector owing to its relevance to economic growth.
Ajibola stressed that the institute could no longer tolerate the old practice in today’s banking and financial services.
He spoke in Lagos during a three-day official visit to the Lagos State branch of the institute where he interacted with the executive council members of the branch.
The CIBN president commended the council for raising the bar of professionalism in the banking industry and collaborating with the state government.
He met stakeholders including the Vice Chancellor of the University of Lagos, Prof. Oluwatoyin Ogundipe and other relevant stakeholders in the state.
The event was witnessed by past chairmen and officers of the branch, Banking and Finance students from the University of Lagos and the Lagos State Polytechnic, among others.
He said, “The days are gone when bankers and banking business would be dictated by non-bankers. Yes, initially, it was an all-comers affair: everybody could go into banking.”
Ajibola noted that the face of banking had changed today in the country, advising bank employees to become certified.
The Chairman, Lagos State branch, CIBN, Mr. Kola Abdul, said the branch was unified toward a common goal of building the strongest and most virile branch of the institute.
He assured the president that the state branch of the institute would not lag behind and would continue to raise the bar.