CIBN chairman plans revenue drive, welfare


The newly elected Chairman of the Chartered Institute of Bankers of Nigeria, Lagos State Branch, Adeoye Adeyemo, has said he will focus on driving revenue growth, and staff welfare, among other goals.

He spoke after he was elected at the institute’s 2023 annual general meeting in Lagos.

Adeyemo said he would run the most prominent branch of all the CIBN branches in the country for the next two years, 2023 to 2025, alongside other newly elected professional executive council members of the branch.

Speaking about his plans during his acceptance speech, Adeyemo said, “Our strategic focus for the next two years (2023-2025) will be anchored around four major planks: aggressive membership drive; significant revenue growth; improved staff welfare and building efficiency around the architecture and operations of our executive committee.”

He assured members of building on the profitability index that the immediate past Chairman, Peter Ashade, had laid, and that, he would continue in the revenue generation drive of the branch.

“We will be expanding this programme to include a much larger audience, cover topical economic issues, and make it a veritable avenue where important issues will be discussed, while solutions extracted can serve as policy-inputs for policymakers and managers of our economy across various disciplines,” Adeyemo said.According to him, the plan was to create investment-desk about Lagos State Government where relevant and strategic information would be given to prospective investors in the state.

He said, “This desk will be established to promote Lagos State as an investment destination. The platform will focus on providing important assistance to several foreign investors, who intend to invest in the endless opportunities embedded in the Lagos economy, to take preliminary steps, even before their physical presence in the state.”

“It will provide an authentic source and representation to such investors.”

Despite its shrinking activities and as a non-profit organisation, the financial records showed the branch’s overall surplus position of N8.38m or a 78.57 per cent increase compared to 2022.

He said, “Today, a lot of performance has been done, which is usually a collective performance. So, I feel we will be able to exceed the current performance which is in itself the best the branch has recorded.”


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