New CIBN president to champion ethical innovations
The Chartered Institute of Bankers of Nigeria (CIBN) has elected Dr Dele Alabi as its new President, following its Annual General Meeting (AGM) held in Lagos. Alabi, who served as
- By Timilehin Babatope
The Chartered Institute of Bankers of Nigeria (CIBN) has elected Dr Dele Alabi as its new President, following its Annual General Meeting (AGM) held in Lagos.
Alabi, who served as the institute’s immediate past First Vice President, emerged as the 24th President-Elect during the hybrid AGM and election.
The institute also elected the Managing Director of Jaiz Bank Plc, Dr Haruna Musa, as its National Treasurer.
The AGM attracted top industry stakeholders, including about 16 bank managing directors such as the Group Managing Director/CEO of United Bank for Africa (UBA), Oliver Alawuba, and Zenith Bank’s Group Managing Director, Dr Adaora Umeoji.
At the event, the institute also commissioned a new building in Lagos, further expanding its infrastructure and operational capacity.
In his acceptance speech, Alabi pledged to lead the institute with integrity, professionalism and innovation, describing his emergence as a collective mandate.
“This moment is not mine alone. It is a shared glory and a collective affirmation of our enduring commitment to excellence, integrity and the noble calling of banking,” he said.
He added that he accepted the mandate as a responsibility that must be discharged with diligence and accountability.
Alabi paid tribute to past leaders of the institute, particularly the outgoing President, Prof. Pius Olanrewaju, for laying a solid foundation for growth through visionary leadership.
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He commended Olanrewaju for strengthening the institute’s financial performance and institutional development over the past two years.
The president-elect stressed the need for the institute to position itself strategically in a rapidly evolving financial landscape marked by increasing complexity.
According to him, the institute must not only adapt to change but lead innovation, uphold ethical standards and promote professionalism in the banking sector.
Alabi outlined his vision of building a dynamic and globally respected institute capable of shaping Nigeria’s banking industry and gaining international relevance.
He assured members that his administration would prioritise integrity, inclusiveness and the overall interest of the profession while fostering unity among stakeholders.
He also announced that his investiture ceremony is scheduled for May 16 in Lagos, where he is expected to unveil his agenda for the institute.
Meanwhile, Dr Haruna Musa pledged prudent financial stewardship as National Treasurer, promising to uphold professionalism, integrity and excellence.
The outgoing President, Prof. Pius Olanrewaju, said the institute recorded significant growth in finances, membership and infrastructure during his tenure, including an increase of nearly 7,000 members and enhanced digital capacity enabling about 20,000 members to participate in programmes virtually.
Other officials elected at the AGM include Dr Mojisola Asieru-Sweet as First Vice President and Dr Peter Ashade as Second Vice President, while Abosede Ogundimu, Obafemi Omolola, Mary Akpenyi and Adesina Joda were elected into the Governing Council.
