Strengthening Partnership Between NDIC and Chartered Institute of Directors

The Nigeria Deposit Insurance Corporation (NDIC) is taking significant strides towards enhancing corporate governance through a strengthened partnership with the Chartered Institute of Directors (CIoD). This initiative was underscored during a recent courtesy visit by the CIoD Governing Council to the NDIC’s management at its Head Office.

The visit featured notable figures including the Managing Director/Chief Executive of NDIC, Mr. Bello Hassan, and the Executive Director of Corporate Services, Mrs. Emily Osuji. They were joined by members of the CIoD Governing Council, headed by President and Chairman, Alhaji Tijjani M. Borodo.

During the meeting, Mr. Hassan emphasized the importance of collaboration between the NDIC and CIoD in promoting effective corporate governance practices across Nigeria. He highlighted that such partnerships are crucial for fostering transparency, accountability, and best practices in the corporate sector.

In a gesture of goodwill, Mr. Hassan presented NDIC’s latest research publications to Alhaji Borodo, showcasing the corporation’s commitment to sharing knowledge and resources that can aid in the development of corporate governance.

The engagement between the NDIC and CIoD marks a pivotal moment in the ongoing efforts to elevate governance standards in Nigeria, aligning with broader national objectives for economic stability and growth. Both organizations expressed optimism about future collaborations aimed at enhancing the skillsets and knowledge of directors across various sectors.

As the partnership unfolds, stakeholders are hopeful that it will pave the way for more robust governance frameworks that will ultimately contribute to the nation’s economic resilience.