{"id":4811,"date":"2013-06-06T05:26:51","date_gmt":"2013-06-06T05:26:51","guid":{"rendered":"http:\/\/disnaija.com\/nigerian-newspapers\/nigeria-lacks-experts-in-sustainable-banking-says-ndic\/"},"modified":"2013-06-06T05:26:51","modified_gmt":"2013-06-06T05:26:51","slug":"nigeria-lacks-experts-in-sustainable-banking-says-ndic","status":"publish","type":"post","link":"https:\/\/disnaija.com\/nigeria-lacks-experts-in-sustainable-banking-says-ndic\/","title":{"rendered":"Nigeria lacks experts in sustainable banking, says NDIC"},"content":{"rendered":"
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The Nigeria Deposit Insurance Corporation (NDIC) has lamented the absence of qualified resource persons in the field of sustainable banking.<\/p>\n

The Managing Director of the NDIC, Alhaji Umaru Ibrahim, said this while responding to questions from reporters on why the corporation engaged the services of foreign resource persons to train its directors at the end of the NDIC Board retreat.<\/p>\n

He said: \u201cWith due respect, I don\u2019t think there is a well known qualified resource person in Nigeria in the area of sustainability or sustainable banking for us to engage.\u201d<\/p>\n

As a result, the NDIC, he said, had to engage an expert that \u201cis well known. She consults for the Bankers Committee; she also consults for the Central Bank. She is well known worldwide in that area. With time we believe we will have people who are experts in this area in Nigeria.\u201d<\/p>\n

The NDIC believes in capacity building and knowledge sharing for building strong institutions, and attaches a lot of importance to the training of its human resources, including its directors so as to tool them adequately in their numerous roles, which include oversight, team building, mentoring and strategic planning, he added.<\/p>\n

The NDIC boss noted that keeping track of recent developments in the country\u2019s financial system and understanding the reasons for adopting certain policy measures at different points in time would assist the corporation tremendously in shaping collective judgements and improving strategic thinking and decision-making for the betterment of the system.<\/p>\n

Recent banking reforms, to which the corporation contributed immensely, he explained, \u201cis aimed at building a safe and sound banking system which supports economic growth and development of our country.\u201d<\/p>\n

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Posted in Nigerian Newspapers. <\/a>A DisNaija.Com<\/a> network.<\/p>\n

Source: The Nation Newspaper<\/p>\n

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