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IN recognition of their outstanding service and contributions to Nigeria’s financial sector, three Deputy Governors of the Central Bank of Nigeria (CBN) — Dr. Mohammed Abdullahi (Economic Policy), Ms. Emem Usoro (Corporate Services), and Dr. Bala Bello (Operations) — have been conferred with the prestigious title of Distinguished Honorary Fellows of the Chartered Institute of Bankers of Nigeria (CIBN). The investiture ceremony, held on Saturday, November 1, 2025, at the Wole Soyinka Centre for Culture and Creative Arts, National Arts Theatre, Iganmu, Lagos, drew leaders from government, banking, and academia. The event celebrated excellence, ethics, and innovation in Nigeria’s financial services industry. In his address, the President and Chairman of Council of CIBN, Prof. Pius Deji Olanrewaju, described the event as a milestone in the institute’s history, as it recognized individuals who have demonstrated exceptional professionalism and leadership in advancing Nigeria’s economy. “This annual landmark event holds special significance as we confer the Fellowship and Honorary Fellowship statuses on deserving members who have distinguished themselves through meritorious service and integrity,” Olanrewaju said. “Their impact on the banking industry and the broader Nigerian economy cannot be overstated.” The 2025 investiture witnessed the recognition of 687 professionals, including 21 Honorary Fellows, 440 Elected Fellows, and 225 Honorary Senior Members. Among the dignitaries present were Lagos State Governor, Mr. Babajide Sanwo-Olu, who was lauded for his commitment to sustainable development, and Katsina State Governor, Mallam Dikko Umar Radda, represented by his deputy, Faruk Lawal Jobe. Delivering the keynote address, Dr. Iyinoluwa Aboyeji, CEO of Future Africa and Co-founder of Andela, spoke on the theme “Banking Beyond Boundaries: Leveraging Technological Innovations for Enhanced Performance in the Nigerian Banking Industry.” He emphasized the transformative role of technology in deepening financial inclusion and driving growth across Africa. Olanrewaju highlighted major strides in Nigeria’s banking sector, noting that electronic payment transactions reached ₦384 trillion in July 2025, with mobile and PoS payments growing by over 200% year-on-year. He commended the CBN’s proactive policies and reforms for strengthening financial resilience, fostering innovation, and restoring investor confidence — especially after Nigeria’s recent removal from the FATF grey list, which he described as “a testament to the nation’s commitment to transparency and global financial integrity.” He added that the banking sector’s support for key sectors such as agriculture, technology, and SMEs had contributed significantly to Nigeria’s 4.23% GDP growth in Q2 2025. The CIBN President also announced the establishment of a Human Capital Development Fund to address staffing gaps caused by migration and digital transformation. The initiative, he said, aims to train young professionals and reskill existing staff through the CIBN Banking School Project, ensuring the industry remains globally competitive. “Our goal is to build a strong pipeline of skilled professionals who will drive innovation and excellence,” he stated. “We call on all stakeholders to join us in redefining the talent landscape of the banking and finance industry.” As the ceremony concluded, the new Fellows were celebrated not only for their past achievements but also for their role in shaping the future of banking in Nigeria. “Let us embrace the future with boldness,” Olanrewaju urged. “The future of our country and our industry is bright — built on integrity, innovation, and collaboration.”
