The Chartered Institute of Bankers of Nigeria (CIBN) will on May 19, 2018, inaugurate Mr. Uche Messiah Olowu as its 20th President/Chairman of Council.

The Investiture, which holds in Lagos, is expected to be attended by leading professionals in the banking and finance industry, regulatory agencies, captains of industry, members of the diplomatic community, government functionaries and other business leaders in the economy.

The CIBN which is the umbrella professional body for banks and bankers in Nigeria was established by extant law, CIBN Act No 5 of 2007 to determine the standards of knowledge and skills to be attained by persons seeking to become members of the banking profession; secure in accordance with the provisions of its Act, the establishment and maintenance of a register of members of the banking profession and conduct professional examinations leading to the award of certificates.

The Institute was created to amongst other things, to maintain and observe ethical standards and professionalism among practitioners of the banking profession in Nigeria.

According to a statement, the CIBN will also ahead of the investiture, hold its 2018 presidential valedictory address by its outgoing President, Prof. Segun Ajibola.

The event will hold on Friday, 18 May, 2018, in Lagos. The event will also be attended by top management of banks and other financial institutions, regulatory agencies, captains of industry, diplomats, government functionaries and other stakeholders.