Banking
CIBN AGM: Dr. Alabi Elected President, Promises to Position Institute as Global Leader
By Love Oyedokun
The Chartered Institute of Bankers of Nigeria (CIBN) has ushered in a new era of leadership with the election of Dr. Dele Alabi as its 24th President/Chairman of Council. The election, which took place during the Institute’s Annual General Meeting (AGM) on Saturday, March 28, 2026, marks a significant milestone in the Institute’s leadership succession.
Cablenews24 reports that Dr. Alabi, who was elected by a majority of the Institute’s members, expressed his readiness to lead the Institute with a strong sense of purpose anchored on integrity, professionalism, and innovation. In his acceptance speech, he described his emergence as a collective victory, emphasizing his commitment to leveraging the banking profession as a catalyst for national development.
“I am honored to have been elected as the 24th President/Chairman of Council of the Chartered Institute of Bankers of Nigeria,” Dr. Alabi said. “I acknowledge the contributions of past leaders, particularly the immediate outgoing President, Prof. Pius Olanrewaju, who has laid a strong institutional and financial foundation for the Institute. I am committed to building on this foundation and taking the Institute to greater heights.”
Dr. Alabi outlined his vision to position CIBN as a more dynamic institution with strong local relevance and global recognition. He assured members that inclusiveness, integrity, and the broader interests of the profession would remain central to his administration. He also announced that his investiture ceremony will hold on May 16, 2026, in Lagos, where he is expected to formally unveil his strategic agenda.
The outgoing President, Prof. Pius Olanrewaju, reflected on his stewardship, highlighting a period of notable growth, including increased internally generated revenue, expansion of membership by nearly 7,000, remodeling of the national headquarters, and the deployment of enhanced digital infrastructure that enabled about 20,000 members to participate virtually. He also noted key reforms to the examination system, such as more frequent sittings and the introduction of a globally accessible proctored format.
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The hybrid AGM and election, held in Lagos, attracted the participation of 16 chief executives of Nigerian banks, including Oliver Alawuba, Group Managing Director/CEO of United Bank for Africa (UBA), Dr. Adaora Umeoji, Group Managing Director of Zenith Bank, and Miriam Olusanya, Group Managing Director of Guaranty Trust Bank (GTBank), among others. This reflects the Institute’s central role in shaping professionalism and leadership in Nigeria’s banking sector.
In other election outcomes, Dr. Mojisola Asieru-Sweet was elected as 1st Vice President, while Dr. Peter Ashade emerged as 2nd Vice President and Dr. Haruna Musa was elected as the National Treasurer. Other members elected to serve on the Governing Council include Abosede Ogundimu, Obafemi Omolola, Mary Akpenyi, and Adesina Joda.
Dr. Alabi’s election has been widely welcomed by members of the Institute, who expressed confidence in his ability to lead the Institute to greater heights. “We are excited to have Dr. Alabi as our new President/Chairman of Council,” said a member of the Institute. “He has a proven track record of leadership and a deep understanding of the banking profession. We are confident that he will take the Institute to new heights and promote the interests of our members.”
As Dr. Alabi begins his tenure, he faces a number of challenges, including the need to promote professionalism and integrity in the banking sector, enhance the Institute’s global recognition, and drive innovation and growth in the industry. However, with his strong sense of purpose and commitment to the profession, he is well-placed to address these challenges and take the Institute to greater heights.
PROFILE OF DR. DELE ALABI:
Dr. Dele Alabi is a seasoned banker and professional with over 20 years of experience in the banking industry. He has held various leadership positions in the industry, including serving as a director of several banks and financial institutions. He is a fellow of the Chartered Institute of Bankers of Nigeria and has received several awards and recognition for his contributions to the banking profession.
Dr. Alabi is a strong advocate for professionalism and integrity in the banking sector and has been a vocal critic of unethical practices in the industry. He is committed to promoting the interests of the banking profession and driving growth and innovation in the industry.
WHAT TO EXPECT FROM DR. ALABI’S TENURE:
As the new President/Chairman of Council of the Chartered Institute of Bankers of Nigeria, Dr. Alabi is expected to promote professionalism and integrity in the banking sector, enhance the Institute’s global recognition, and drive innovation and growth in the industry. He is also expected to build on the foundation laid by his predecessor, Prof. Pius Olanrewaju, and take the Institute to greater heights.
Some of the key initiatives that Dr. Alabi is expected to implement during his tenure include:
- Promoting professionalism and integrity in the banking sector
- Enhancing the Institute’s global recognition
- Driving innovation and growth in the industry
- Building on the foundation laid by his predecessor
- Taking the Institute to greater heights
Overall, Dr. Alabi’s election as the 24th President/Chairman of Council of the Chartered Institute of Bankers of Nigeria marks a new era of leadership for the Institute. With his strong sense of purpose and commitment to the profession, he is well-placed to address the challenges facing the Institute and take it to greater heights.
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