NDIC board promises sound policies towards financial system stability


MEMBERS of the Board of the Nigeria Deposit Insurance Corporation (NDIC) have assured Nigerians of their commitment to the formulation of sound policies to enhance the safety and stability of the nation’s financial system.

This, they said, would be a way of justifying the confidence reposed in them through their appointment.

The Head of Communications and Public Relations Unit of the corporation, Mr Mohammed Ibrahim said on Tuesday, that the Chairman, Mrs Ronke Shokefun, made the assertion at the opening of the maiden retreat for board members in Abuja.

Shokefun said the new board was committed to providing the NDIC with the desired leadership required to enable the nation achieve its goal of becoming one of the top 20 economies in the world by 2020.

“As people of proven integrity, we are to collectively paddle the boat of NDIC in particular and that of the nation’s banking sector in general to safety.

“We owe this very important organisation and the nation that duty in order to justify the confidence reposed in us by His Excellency, President Muhammadu Buhari,” she said in a statement by Ibrahim.

Shokefun described the role of the board as critical in the achievement of the corporation’s mandate, adding that the retreat would enable members to gain full insight into NDIC’s operations, achievements and challenges.

She said that the induction programme would provide the board with an in-depth knowledge required for the formulation of policies to ensure enhanced service delivery by the corporation.

Earlier, the Managing Director, Alhaji Umaru Ibrahim, expressed the hope that the retreat would provide the new board with the critical information and insight on the activities of the corporation ahead of their assumption of office. (NAN)

– Feb. 12, 2019 @ 15:35 GMT |

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