By Dipo Olowookere
The training school of United Bank for Africa (UBA) Plc has been accredited by the Chartered Institute of Bankers of Nigeria (CIBN).
Last Thursday, the institute certified and awarded UBA Academy the certificate of accreditation in line with the Central Bank of Nigeria (CBN)’s Competency Framework for the banking industry.
This is in recognition of its high standard, quality of human resources development, training and capacity building.
President/Chairman of CIBN, Mr Uche Olowu, explained at a ceremony in Lagos that UBA Academy was conferred with the new status having met the rigorous standards set for the delivery of their suites of programmes by the Institute.
The certification follows rigorous assessment exercise carried out by the institute’s Capacity Building Committee, the accreditation agency under the competency framework for the country’s banking and finance industry instituted by the CBN.
“This Accreditation is an affirmation that UBA Academy has adopted and complied with the minimum assessment standards for programmes run by the organisation, which have gained a label of recognition and distinction,” Mr Olowu said.
According to him the accreditation of UBA Academy would enable its graduates to be eligible for exemptions from various subjects in the banking professional examinations thereby facilitating their completion of the Chartered Banker examination.
“This will not only enable them comply with the provisions of the Competency Framework for the banking industry, it will go a long way in the strengthening of the intellectual resources and capabilities available in their institutions,” he concluded.
Speaking at the ceremony, the bank’s Group Head Human Resources, Mrs Patricia Aderibigbe, while appreciating the recognition conferred on the UBA Academy, said the academy has already embarked on training for the future with digitisation of its training programmes and modules.
“With Ignite, UBA has taken training into the future as we believe that the only way to get the best results and continually stay ahead of the curve is to continually sharpen our most important asset – our people, using mobile technology,” Mrs Aderibigbe said. She promised that UBA Academy will continuously seek improvement in ensuring that it serves the needs of industry in a changing banking industry.