The Chartered Institute of Bankers of Nigeria (CIBN) has a new leader. Dr Dele Alabi, the institute's immediate past First Vice President, has been elected as its new President. Alabi's election took place during the hybrid Annual General Meeting (AGM) and election of the CIBN in Lagos, where 16 bank managing directors were in attendance.
Notable attendees included Oliver Alawuba, Group Managing Director/CEO of United Bank for Africa (UBA), and Zenith Bank's Group Managing Director, Dr Adaora Umeoji. In his acceptance speech, Alabi pledged to lead with integrity, professionalism, and innovation. He described his election as a collective mandate and reaffirmed his commitment to advancing the banking profession as a catalyst for national transformation.
Alabi paid tribute to past leaders of the institute, particularly the outgoing president, Prof. Pius Olanrewaju. He commended Olanrewaju for laying a solid foundation for growth through visionary leadership and strengthening the institute's financial performance and institutional development over the last two years.
The election of Dr Dele Alabi as the new President of the Chartered Institute of Bankers of Nigeria (CIBN) is a significant development in the banking sector. Alabi's promise to lead with integrity, professionalism, and innovation is a welcome relief, especially in an industry where ethics and accountability are often compromised. As he assumes office, he must ensure that his administration prioritises inclusiveness and the overall interest of the profession. The banking industry is in dire need of leaders who can navigate its complexities and drive growth. With Alabi at the helm, the CIBN has a unique opportunity to shape Nigeria's banking industry and attract relevance across international borders.
