Sunday, September 8, 2024
23.1 C
Lagos

Ecobank Nigeria Academy Earns CIBN Award

The Chartered Institute of Bankers of Nigeria (CIBN) has rated Ecobank Nigeria Academy as one of the best banking training institutes in the country.

At its award ceremony as part of its 13th Annual Banking And Finance Conference in Abuja last week, CIBN, the umbrella body of all employees of financial institutions in the country announced Ecobank Nigeria Academy as the third best among all the banks in the country.

Since the accreditation of the state of the art Ecobank Nigeria Academy in August 2019, it has served as a platform to train thousands of professional bankers in different categories, including Entry Level employees, Graduate and Management Trainees and a cross section of staff recertification training.

Commenting, Ayotunde Opeoluwa, Manager, Learning and Development, Ecobank Nigeria, said the award was a welcome development to the bank as the Academy was only accredited a year ago, stating that the bank will continue to churn out excellently trained banking professionals at various levels  Opeoluwa who is also the head of the Academy further said “This is 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.”

In presenting certificate of accreditation to the ultra-modern, state of the art Ecobank Nigeria Academy last year, CIBN said the accreditation 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 the Institute, “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 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.”

The state of the art academy Ecobank Academy is a deliberate policy by Ecobank to train and equip its workforce is in line with its transformation drive to make the bank the most preferred financial institution in the country.

As a response to COVID-19, the Academy has recently organised virtual graduation ceremony for 53 Management Trainees and 57 graduate trainees following an intensive training programme.  The trainees have since been absolved into the bank as full time employees.

 

spot_img

Hot this week

‘NNPC Not the Sole Offtaker, Market Open to Lower Prices from any Domestic Refinery’

The attention of the NNPC Limited has been drawn...

NAICOM Boss Visits Aviation Minister to Discuss Issues of Industry Growth

The Commissioner for Insurance and Chief Executive of the...

$1tn Economy: Experts to Discuss Insurance, Pension Impact at NAIPE Confab

The Nigerian Association of Insurance and Pension Editors (NAIPE)...

Guinea Insurance Reports ₦477.7m Profit in FY 2023

Guinea Insurance Plc has reported a significant 49.4% increase...

Polaris Bank, NCF take Tree Planting Initiative to Kano State

Polaris Bank Limited has taken its tree planting initiative...

Topics

AXA Mansard Plc: Claims Incurred on Life Insurance Hammers Profit

AXA Mansard Plc published its audited FY: 2015 result...

Broadband Commission: Demand-creation Programs to Stimulate ICT Adoption

The Broadband Commission for Sustainable Development's Working Group on...

Nestlé: ‘Only 50% of our Food, Drinks are Healthy’

  Nestlé, makers of MILO, Maggi, and many other global...

Stanbic IBTC vis-à-vis Banking Industry Compliance, Corporate Governance Practices

At a recent function in Abuja, the Managing Director/CEO...

Multichoice Fined R10, 000 Over Nude Scene

Multichoice has been fined R10, 000 over an inappropriate...

Global Passenger Traffic Rose 5.3% in March

The International Air Transport Association (IATA) announced global passenger...

Jumeirah Zabeel Resort Delights Customers with Special Offers

As part of its 5th anniversary celebration since its...

Linkage Assurance Grows PAT by over 600% in Q3

Linkage Assurance Plc at the end of third quarter...
spot_img

Related Articles

Popular Categories

spot_imgspot_img