Former CIBN chief seeks adoption of Enterprise Risk Management

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Former President,  Chartered Institute of Bankers of Nigeria (CIBN), Segun Ajibola has called on the Nigerian banking sector to give top priority to “Enterprise Risk Management”.

He spoke at the 2018 Presidential Valedictory address held at the CIBN Ijewere Hall in Lagos. Speaking on the theme “Enterprise Risk Management and Banking Industry: The Nexus” Ajibola informed stakeholders that “Risk Management was at the heart of the banking sector”.

He said there was a nexus between “Enterprise Risk Management” and banking performance. This according to him, is one of the reasons Switzerland has one of the most efficient financial systems, owing to the adoption of the “ERM” framework.

Ajibola informed stakeholders that in carrying out the report on “ERM” data…

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