The Chartered Institute of Bankers of Nigeria (CIBN) says the inauguration of its 21st President and Chairman, Mr Bayo Olugbemi, would be done virtually (online).
The Head, Corporate Communication and External Relations, Mr Nelson Olagundoye, said in a statement on Thursday in Lagos that the inauguration would hold on Saturday.
Recall that Olugbemi, alongside other incoming officers, were elected through an off-site electronic voting system between April 1 and April 4.
The results of the election were announced at the institute’s virtual Annual General Meeting on April 4, where it reviewed its 2019 financial and operational reports.
The tenure of the elected officers is to run from 2020 to 2022.
Olagundoye said the online investiture would attract would Chairmen and Chief Executives of banks, Past Presidents of the Institute, Presidents of other professional bodies and top Government functionaries, among others..
He said that ahead of the investiture, the institute would hold the 2020 presidential valedictory address by its outgoing President, Dr Uche Olowu, also virtually, on Friday, in Lagos.
According to him, the valedictory address will have the ‘Ethical Leadership in Banks and Emotional Intelligence’, as its theme.
He said that the event would give insight into Olowu’s accomplishments during his tenure.
“The event will also attract top management of banks and other financial institutions, regulatory agencies, captains of industry, diplomats, government functionaries and other stakeholders,” he said.
CIBN is the umbrella professional body for banks and bankers in Nigeria.
