
At its second induction event, which took place in Lagos in 2024, the Chartered Institute of Bankers of Nigeria (CIBN) welcomed 741 new members into the organisation.
The event was presided over by Prof. Pius Olarenwaju, President and Chairman of the Institute Council, who emphasised the importance of both innovation and quality in banking operations to enhance operational effectiveness and ensure customer satisfaction.
Speaking to the inductees during the hybrid ceremony, Prof. Olarenwaju emphasised the banking sector’s rapid transitions, which are being driven by emerging technology.
He advised the new members to place a high priority on ongoing professional development because it is essential for advancing one’s career and building strong professional networks.
BrandSpur local news brand reports that the Prof. highlighted key components for reaching one’s full potential, emphasising the theme of “Unlocking Your Potentials: Positioning for Next Levels.” These components included developing a strong personal brand, embracing technological improvements, and adopting a growth-oriented attitude.
Prof. Olarenwaju reiterated his commitment to upholding ethics and integrity in the banking industry as part of his leadership vision, noting that these qualities are essential for establishing and preserving stakeholder trust. Additionally, he reaffirmed the significance of the ongoing initiative to recapitalise banks, which was initially declared at the 2023 Annual Bankers Dinner. This program seeks to strengthen the financial industry, increase lending capacity, draw in outside capital, and eventually support Nigeria’s economic expansion.
Furthering, he thanked the inductees during the ceremony, which included international candidates from Sierra Leone, Mozambique, Kenya, Ghana, and The Gambia in addition to those from Nigeria.
Important perspectives from prominent figures in the field, such as Mazi Sam Ohuabunwa and Hajia Risikatu Ahmed, were also presented at the event. They offered advice on how to overcome obstacles in the workplace and advance professionally.
However, the Institute’s dedication to fostering the next generation of banking professionals was highlighted at the ceremony’s conclusion, which featured the honouring of contributors and the awarding of top-performing students.





