By Peter Uzoho
The immediate past President/Chairman of Council, Chartered Institute of Bankers of Nigeria (CIBN), Prof. Segun Ajibola, has called on banks in the country to show total commitment towards the implementation of enterprise risk management (ERM) in their respective financial institutions.
He stated that faithful implementation of risk management framework in banks is the responsibility of boards and must be seen and acknowledged as such.
Ajibola said this in Lagos, at his valedictory paper entitled: “Enterprise Risk Management and Bank Performance: The Nexus,” which marked the end of his tenure as the 19th president of the institute.
He said Nigerian…
