The Chartered Institute of Bankers of
Nigeria (CIBN) has officially presented certificate of accreditation to
the ultra-modern, state of the art Ecobank Nigeria Academy with a call
to other financial institutions in the country seeking accreditation of
their training school to emulate Ecobank Nigeria.
Speaking at the event, CIBN President,
Uche Olowu said the accreditation of Ecobank Nigeria Academy was based
on the report of its Capacity Building and Certification Committee that
the training school has met all the parameters of measurement, stressing
that it was a manifestation of the importance the Management of the
bank place on capacity building of its workforce.
According to him, “As an Institute, we
congratulate Ecobank for the accreditation of its Academy. This comes
after rigorous accreditation processes by members of our Capacity
Building and Certification Committee which showed that Ecobank has
complied with and satisfied the provisions and requirements of the
Competency framework for the Nigerian Banking Industry as mandated by
the Central Bank of Nigeria (CBN) through CIBN. The Academy was found to
have scored above the minimum threshold on all the parameters of
measurement. We firmly believe this accreditation would not only enable
Ecobank comply with the provisions of the Competency Framework but also
strengthen the intellectual resources and capabilities available in the
Bank.”
He disclosed that the Institute has so
far accredited 18 bank academies, 20 Educational Training Service
Providers (ETSPs) and currently executing linkage agreements with 65
tertiary institutions, stressing that apart from addressing competency
challenges and enthroning a minimum standard for practitioners in the
industry, it is also furthering its mandate as the sole accreditation
agency for the implementation of the Competency Framework in the
industry.
Responding, Managing Director, Ecobank
Nigeria, Patrick Akinwuntan, said the accreditation of the Academy
re-enforces the bank’s commitment to empowering its entire workforce for
the Millennial age, stressing that it would further enable the Bank to
take up its rightful position in the industry as the Bank of choice.
According to him, ‘I must salute our
Human Resources team and my colleagues in the management team for this
landmark step. This underscores the importance we attach to staff
training, skills development and capacity building as we seek to
transform our Bank to deliver value to customers and shareholders. There
is no substitute to knowledge. We will continue to upgrade the standard
of the Academy to meet with fresh and modern-day industry challenges.”
The Managing Director further explained
that Ecobank Nigeria is a member of Pan African bank, Ecobank
Transnational Incorporated (ETI) based in Togo which operates in 36
countries in Africa and with representative offices in Paris, Beijing,
Dubai, Johannesburg and London, stating specifically that Ecobank
Nigeria has made many pioneering achievements and ‘firsts’ across
various products and digital platforms in the country.
He specifically commended CIBN for the
various initiatives targeted at raising standards, promoting ethics and
positioning the financial services industry to meet with the new
challenges such as digital banking and financial technology (Fintech),
adding that the Institute is also contributing meaningfully towards the
economic development of the country through its various activities in
African Continental Free Trade Area (AfCFTA).
He reiterated that Ecobank would
continue to partner with the Institute in promoting integrity,
professionalism, innovation and ethics in the banking and finance
industry.
Commenting, Manager, Learning and
Development, Ayotunde Opeoluwa, Ecobank Nigeria, said the accreditation
of the Academy is an attestation of the Bank’s commitment to its roadmap
to industry leadership goals through people development, stressing that
Ecobank will continuously seek improvement in ensuring that its
curriculum is dynamic and meet global standards.
Opeoluwa, who is also the Head of the
Academy further said “This is a good news for us as a bank. It
reinforces our people centric strategy to equipping our staff with the
right skills and competence in line with global practices. Let me use
this opportunity to thank our Management for the great support and
members of our internal faculty for their dedication toward achieving
this milestone. We will continue to seek improvement to maintain
industry and global standards.”
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