Fidelity bank banner Bayelsa State banner
NDIC tasks banks on contract staff, plight of female bankers

By News Express on 10/09/2015

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 3,146


The Nigeria Deposit Insurance Corporation (NDIC) has called for a closer look at the phenomenon of outsourced or contract staff in banks to ensure healthy and sound practices in the banking industry.

NDIC Managing Director and Chief Executive, Alh. Umaru Ibrahim, made the call in Abuja during a courtesy call on him by the President and other Council Members of the Chartered Institute of Bankers of Nigeria (CIBN).

The NDIC boss said bank examination reports had indicated that the high incidences of fraud and forgeries in the banking system had been linked to outsourced or contract staff.

Alh. Umaru also said that in as much as regulators appreciated the necessity for banks tocut costs, it was incumbent on all stakeholders to fashion out capacity building and other strategies to motivate all employees to contribute positively rather than engaging in criminal acts that impact adversely on the entire banking system.

The NDIC CEO also expressed concern about the plight of female employees in the banking industry. He noted that banks often engaged female employees and set for them very high targets on deposit mobilisation and other asset creation ventures, which put undue pressure on the female employees.

According to him, although some improvement had been recorded with regard to the situation, there was still need to provide a more conducive working environment in order to attract and retain a talented female workforce in the sector.

Responding, the President of the Institute, Otunba (Mrs) Debola Osibogun, regretted that over 75 per cent of fraud cases in the sector had been traced to outsourced bank staff who were neither professionals nor members of the CIBN.

While noting that the Institute had no control over the banks, Otunba (Mrs) Osibogun disclosed that a committee of the Institute was already working with heads of operations of banks on the challenges being posed bythe outsourced staff and would soon submit its report to the Central Bank of Nigeria (CBN) for consideration.

The CIBN president also said the Institute had been mandated as the agency for competency framework for banking industry by the CBN, adding that the CIBN had visited banks’ academies and had issued accreditation certificate to the academies of the First Bank, Access bank and Guarantee Trust Bank.

To further strengthen professionalism in the sector, Otunba (Mrs) Osibogun said that the Institute had harmonised the industry code of conduct which had been signed by all workers of deposit money banks, adding that the institute was seeking co-operation of microfinance banks’ workers to sign the document

According to her, the CIBN had strengthened its alliances with reputable local and foreign tertiary institutions for the linkage of its Associate Chartered Institute of Bankers (ACIB) programmes.

She commended the Management of NDIC for its continuous support to the Institute and the Corporation’s strategic investment in its human resources.

•Photo shows NDIC MD/CE Alh. Umaru Ibrahim (4th from right) in a group photograph with the President/Chairman of Council of CIBN, Otunba (Mrs.) 'Debola Osibogun (3rd Right) during a courtesy call by the executive members of the CIBN on the Corporation. Also from left to right are CIBN Registrar / Chief Executive, Mr. Seye Awojobi, NDIC Executive Director Operations, Prince Aghatise Erediauwa, CIBN 2nd Vice President, Dr. Uche Olowu, NDIC Executive Director Corporate Services, Hon. (Mrs.) Omolola Abiola Edewor, CIBN 1st Vice President, Deacon Segun Ajibola and Chairman, CIBN Abuja Branch, Sir Steve Nwadiuko.

Source News Express

Posted 10/09/2015 04:06:53 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
FG to float new national shipping line

Abia to pay workers outstanding arrears

Plot to disrupt 2017 Anambra governorship election uncovered...

Obiano’s wife to build homes for the elderly...

Enugu wonder bank collapses after collecting N4bn from...

Nigeria will come out of recession stronger, bigger:...

Federal Medical Centre, Keffi introduces telemedicine services

No plan to impeach Jonathan, says Senate •How...

36 perish as 2 passenger buses collide on...

Emefiele identifies cause of economic recession, gives solution...

Obasanjo advises king makers on choice of new...

Rivers PDP Chairman pays tribute to Ogoni as...

 

Latest News Late winner revives Germany World Cup hopes Certificate forgery: Pro-Democracy activists drag Buhari to court •Allege impeachable offences Why Abaribe was arrested — Counsel APC changes slogan from ‘Change’ to ‘Progress’ Lawmakers, Bishop kick against FG plan to establish cattle ranches Anambra Police apologises as Inspector kills 38 years old woman •Blames accidental discharge Army wipes out 20 armed bandits in Zamfara, arrests 3 New political party targets recruitment of 10,000 members monthly 2019: Obasanjo visits Bode George, other Yoruba leaders Monarch’s death: Enugu Govt. sets up judicial panel of inquiry INEC rules out electronic voting in 2019 Benue killings: NAF deploys 1,000 troops, 300 Special Forces

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (352,985 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (352,815 views) Shameless Genevieve Nnaji exposes breasts in public (280,914 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (230,557 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (209,404 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (209,330 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (182,202 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (164,392 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (154,112 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (148,989 views) Lagos plane crash: Journalist releases victims’ names (144,161 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (135,883 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (50) Business & Economy (3,266) Business Verdict (44) Columnists (871) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (507) Features (607) Global Business Monitor (284) International (2,052) Interview (155) Live Commentary (28) Love Matters (124) News (36,446) Opinion (1,005) Pidgin (10) Politics (5,329) Religion (772) Sports (1,562) Stock Watch (30) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Nigeria vs Iceland 2-0 All Goals & Highlights

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement