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NDIC Boss, Hassan Hosts Finance Journalists, Business Editors

The Managing Director of Nigerian Deposit Insurance Corporation (NDIC), Mr Bello Hassan
The Managing Director of Nigerian Deposit Insurance Corporation (NDIC), Mr Bello Hassan (Right)

October 24, (THEWILL) – The Managing Director of Nigerian Deposit Insurance Corporation (NDIC), Mr Bello Hassan, will lead top management of the Corporation to host a contingent of media professionals at its workshop for Business Editors and members of the Finance Correspondents Association of Nigeria (FICAN), holding in Gombe this week. A document about the event seen by THEWILL  and signed by NDIC Director, Communication and Public Affairs, Bashir Nuhu, showed that the three-day workshop with the theme: “Enduring Extreme Disruption – Resilince& Reinvention for Banking System Stability and Deposit Insurance,” will hold from October 26 through 28 at Gombe  International Hotel, Gombe.

It will bring together participants from various media organisations in the print, electronic and online platforms across the country, together with select non-governmental organisationsengaged  in advocacy on financial system stability.

The NDIC has been conducting capacity building for Finance Journalists and Business Editors to equip them with the knowledge and tools of financial system stability reporting and to actively engage in the dissemination of NDIC policies and programmes.

This year’s edition will be the first to be addressed by Mr Hassan in his capacity as the Managing Director following the confirmation of his appointment by the Senate in February 2021. He succeeded AlhajiUmaru Ibrahim who retired last year at the expiration of his two-term tenure.

The NDIC has been at the forefront of capacity building towards developing a sound financial service sector. In June 2020, the NDIC Academy received recertification and its accreditation was renewed as a training service provider for professionals in the banking industry for the next three years by the Council of the Chartered Institute of Bankers of Nigeria (CIBN).

At the peak of the COVID-19 pandemic NDIC ran series of virtual capacity building sessions, including a two-day virtual international conference with the theme ‘Financial System Stability, Fintech and Emerging Risks: Challenge for Bank Supervisors’ in October 2020.

The programme brought together speakers and  participants from the International Association of Deposit Insurers (IADI), World Bank, International Monetary Fund (IMF), sister deposit insurers, supervisory & resolution authorities, as well as professionals & practitioners in the financial systems across the globe.

It was  part of efforts to promote knowledge and experience sharing amongst key stakeholders on Fintech, as well as provided opportunity to promote broad discussion on policy options to address emerging risks and opportunities associated with Fintech.