The Chartered Institute of Bankers of Nigeria (CIBN) on Saturday, March 28, 2026, held its Annual General Meeting (AGM) and elections, during which Dr. Dele Alabi was elected as the new President/Chairman of Council, marking a significant milestone in the Institute’s leadership succession.
Speaking after his election, Dr. Alabi expressed his readiness to lead the Institute with a strong sense of purpose anchored on integrity, professionalism, and innovation. He described his emergence not as a personal achievement, but as a collective victory, emphasizing his commitment to leveraging the banking profession as a catalyst for national development
He acknowledged the contributions of past leaders, particularly the immediate outgoing President, Prof. Pius Olanrewaju, commending the strong institutional and financial foundation laid during his tenure.
Looking ahead, Dr. Alabi stressed that the Institute must move beyond merely adapting to the rapidly evolving financial landscape and instead take a leading role in shaping it.
He outlined his vision to position CIBN as a more dynamic institution with strong local relevance and global recognition, assuring members that inclusiveness, integrity, and the broader interests of the profession would remain central to his administration.
Dr. Alabi also announced that his investiture ceremony will hold on May 16, 2026, in Lagos, where he is expected to formally unveil his strategic agenda. He called on members both within Nigeria and in the diaspora to remain united in sustaining the Institute’s legacy.
Reflecting on his stewardship, Prof. Olanrewaju highlighted a period of notable growth, including increased internally generated revenue, expansion of membership by nearly 7,000, remodeling of the national headquarters, and the deployment of enhanced digital infrastructure that enabled about 20,000 members to participate virtually. He also noted key reforms to the examination system, such as more frequent sittings and the introduction of a globally accessible proctored format.
The hybrid AGM and election, held in Lagos, attracted the participation of 16 chief executives of Nigerian banks, including Oliver Alawuba, Group Managing Director/CEO of United Bank for Africa (UBA), Dr. Adaora Umeoji, Group Managing Director of Zenith Bank, and Miriam Olusanya, Group Managing Director of Guaranty Trust Bank (GTBank), among others, reflecting the institute’s central role in shaping professionalism and leadership in Nigeria’s banking sector.
In other election outcomes, Dr. Mojisola Asieru-Sweet was elected as 1st Vice President, while Dr. Peter Ashade emerged as 2nd Vice President and Dr. Haruna Musa was elected as the National Treasurer, other members elected to serve on the Governing Council include Abosede Ogundimu, Obafemi Omolola, Mary Akpenyi, and Adesina Joda.
