First Bank unveils ‘Ethics Challenge’



FIRST Bank of Nigeria Limited has announced its partnership with the CFA Society Nigeria to host the Universities’ Ethics Challenge. The event was one of the educational outreach programmes designed by CFA Society Nigeria for university students.

The programme aligns with First Bank’s corporate social responsibility and sustainability strategic approach to education and fits into the theme of one of the bank’s endowment programmes in Nigerian Universities – The Samuel Asabia Chair for Business Ethics at the University of Lagos.

“First Bank has thrown its weight behind the CFA Society Nigeria in organising this event as part of its commitment to ethics, professional excellence, capacity building and inclusive growth of Nigerians, while the event also underpins the bank’s core values of entrepreneurship, professionalism, integrity and customer service,” a statement issued by the bank said.

CFA Institute is a global, not-for-profit association of investment professionals with a mission to lead the investment profession globally by promoting the highest standards of ethics, education and professional excellence for the ultimate benefit of society.

On the other hand, the Ethics Challenge was designed to promote a high level of professionalism and ethical practices in investment research by students from universities and business schools. The 2017 Ethics challenge would comprise 10 Nigerian Universities, five students and one faculty advisor each participating in the challenge.

Each participating university will be given an identical case study that focuses on ethical issues and problems that are prevalent in the local financial market and the global best practices in dealing with ethical dilemma. The students will analyse the issues in the case study and provide recommendations.

Speaking on the event, Folake Ani-Mumuney, group head, marketing and corporate communications, First Bank, asserted that First Bank’s corporate responsibility and sustainability focus areas of people empowerment and education are in line with CFA’s promotion of educational excellence.

“Core to our educational interventions is the bank’s Endowment programme which has instituted Professorial Chairs in academic fields in several universities across our geopolitical zones and also facilitated infrastructural development in some of these universities to complement government’s efforts in educational development. First Bank remains committed to partnering with initiatives that will drive the sustainable development of education in our nation,” she said.


–   Nov 10, 2017 @ 15:57 GMT |



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