Sunday, July 6, 2025
23.7 C
Lagos

NDIC CEO Seeks Inclusion of Deposit Insurance Courses in ICAN Programs

Mr. Bello Hassan

Managing Director/Chief Executive

Nigeria Deposit Insurance Corporation (NDIC)

The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan has called on the Institute of Chartered Accountants of Nigeria (ICAN) to include courses on the deposit insurance system (DIS) into the Institute’s programs and modules to deepen the understanding of the scheme within the banking public.

The NDIC Boss made the call during a courtesy call on the Corporation’s Management in Abuja by the Council Members of ICAN, led by the President of the Institute, Mrs. Comfort Eyitayo.

According to Hassan, this would help to bridge the knowledge gap and address misconceptions on the benefits and limitations of the DIS, particularly its contributions to financial system stability.

Hassan noted that public awareness was a critical factor towards ensuring the maximum impact and penetration of the benefits of the deposit insurance system on the general public and the financial system as a whole. He said that partnership with ICAN and other stakeholders to promote public awareness of the DIS had become necessary in view of the novel nature of the scheme in Nigeria and world at large, adding that the Corporation would continue to place premium on collaboration with its strategic stakeholders in the overall discharge of its mandate.

The NDIC Boss thereafter, congratulated Mrs. Eyitayo on her assumption of office as the 57th ICAN President. He urged her to ensure chartered accountants continue to uphold the ideals of accuracy and integrity as enshrined in the Institute’s motto. He assured the Institute of the Corporation’s continued support and collaboration.

In her remarks, Mrs. Eyitayo acknowledged the invaluable contributions of the NDIC in stabilizing the financial system in Nigeria. For an efficient financial services industry, the ICAN President stressed the need to sustain depositors’ trust and confidence by continuous reassurance of the safety of their deposits at any given time.

She expressed the commitment of the Institute towards the continued partnership with the Corporation to achieve greater awareness of the deposit insurance system amongst members of the Institute.

spot_img
spot_img
spot_img

Hot this week

MTN, 9mobile Ink National Infrastructure Partnership Deal

L-R: Abolaji Idowu, Chief Financial Officer, 9mobile; Omotola Ojutayo,...

Stanbic IBTC Holding’s N148bn Rights Issue Oversubscribed by 21.9%, Injects N140bn into Stanbic IBTC Bank

Acting Group CE Statement Commenting on the just concluded rights...

NAICOM Hands over New Licences to SanlamAllianz Life, General Insurance

The National Insurance Commission (NAICOM) today handed over new...

Access Bank Highlights Leadership at Climate Governance Initiative Launch

Access Bank Plc has once again demonstrated its leadership...

Fidelity Bank Extends Relief Efforts to Eti-Osa Community with Food Bank Initiative

Henry Asiegbu, Divisional Head, Operations, Fidelity Bank Plc (Left);...

Topics

Kenya Airways Selects GE Aviation for Digital Flight Operations

Maximizing Airline Efficiency with the Most Accurate Data and...

First Bank, AIICO CEOs Lead Media Performance Audit in Aug

An independent analysis of the media performance and prominence...

NSE Migrates UBA, Access Bank to Premium Board Today

The Nigerian Stock Exchange (NSE) is pleased to announce...

Protein Nutrition: Roadmap to a Healthy Future

By Reginald Onabu The journey of life runs from childbirth...

Sovereign Trust Insurance 2023 Strategy Session Targets Market Leadership, Growth

L-R: Emmanuel Anikibe, DGM, Marketing & Business Development Division,...

Cadbury Partners UNHCR to Support IDPs

Cadbury Nigeria Plc today announced a donation of Bournvita,...

CBN: eNaira Poses no Threat to Financial Stability

The attention of the Central Bank of Nigeria (CBN)...
spot_img

Related Articles

Popular Categories

spot_imgspot_img