Peter Uzoho
The Central Bank of Nigeria (CBN) will be partnering the Chartered Institute of Bankers of Nigeria (CIBN) in the fight against internet fraud and related crimes in the banking industry.
The Deputy Governor, Financial System Stability, CBN, Dr. Okwu Joseph Nnanna, stated this in Lagos in his goodwill message at the investiture of the 20th President/Chairman of Council of the CIBN, Dr. Uche Olowu.
He urged the institute not to relent in bridging the knowledge gap among commercial, microfinance and mortgage banks.
“This is the time banks and the economy are facing cyber insecurity. The CBN will partner CIBN to ensure that financial transactions are secured,” said Nnanna.
He called on Olowu to emulate and sustain good performance of his predecessors.
In his acceptance speech, Olowu promised to instil good corporate governance ethics into the banking system, using the institute’s capacity programmes, and pledged to practice inclusive management system in his administration.
He outlined his administration’s five-point agenda to include: Upholding the Rules and Standards of CIBN; Upgrade Skills and Competencies; Boost…
