CIBN elects Alabi as new president

The Chartered Institute of Bankers of Nigeria (CIBN) on Saturday has elected Dr. Dele Alabi as its 24th president.

This was disclosed in a statement on Saturday after its Annual General Meeting.

Speaking after his election, Dr. Alabi expressed his readiness to lead the institute with a strong sense of purpose anchored on integrity, professionalism, and innovation.

He acknowledged the contributions of past leaders, particularly the immediate outgoing president, Prof. Pius Olanrewaju, commending the strong institutional and financial foundation laid during his tenure.

Looking ahead, Dr. Alabi stressed that the institute must move beyond merely adapting to the rapidly evolving financial landscape and instead take a leading role in shaping it.

He outlined his vision to position CIBN as a more dynamic institution with strong local relevance and global recognition, assuring members that inclusiveness, integrity, and the broader interests of the profession would remain central to his administration.

Alabi also announced that his investiture ceremony will hold on May 16, 2026, in Lagos, where he is expected to formally unveil his strategic agenda. He called on members both within Nigeria and in the diaspora to remain united in sustaining the institute’s legacy.

Reflecting on his stewardship, Prof. Olanrewaju highlighted 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.

CIBN elects Alabi as new president