CIBN Inducts 2,178 Bankers, Emphasizes Innovation in Banking

The Chartered Institute of Bankers of Nigeria (CIBN) inducted 2,178 new Chartered Bankers during the 2026 Stream II Chartered Banker Induction Programme held in Lagos. Dele Alabi, President/Chairman of Council at CIBN, urged the inductees to embrace innovation, enhance their professional competence, and uphold ethical standards as the banking industry evolves amid technological and economic changes.

He emphasized that the inductees are entering the profession during a time of significant transformation, necessitating sound judgment and a commitment to professional ethics. Olusegun Alebiosu, Managing Director/Chief Executive Officer of FirstBank Nigeria, encouraged the new Chartered Bankers to view innovation as crucial for relevance in the industry, noting that customer demands for faster and safer services require continuous improvement in banking processes.

Alebiosu stated that disruption is now a permanent aspect of the banking environment, highlighting the importance of resilience and sound judgment in navigating challenges such as economic reforms and cyber threats.