By Modupe Gbadeyanka
The Managing Director of Ecobank Nigeria, Mr Patrick Akinwuntan, has expressed the willingness of the financial institution to work together with the Institute of Credit Administration (ICA) to create an enhanced and reliable credit practice in the country.
According to Mr Akinwuntan, the lender has a robust risk infrastructure that supports the understanding of customers’ credit behaviour, stressing that Ecobank as a Pan African financial institution was at the vanguard of deepening credit culture on the continent.
The banker, while receiving the management of ICA to the Ecobank Pan African Centre (EPAC) in Lagos, assured the visiting team of robust support.
In his remarks, the Registrar and Chief Executive Officer of ICA, Prof. Chris Onalo, explained that the visit was to solicit for collaboration and partnership in the area of capacity building and staff membership, with a view to enhancing credit management and policy advocacy relating to sound credit market system, stressing that the global economy works on credit.
He reiterated that ICA is Nigeria’s only nationally recognized professional credit management body, solely dedicated to the provision of Micro And Macro Credit Management Education, award of specialist qualifications, development of skills and capacity building of people involved in the everyday management of trade, financial, consumer and business credits.
Mr Onalo added that a rich credit culture will help to reduce poverty and develop the nation’s economy as more people will be engaged in productive ventures, describing Ecobank as a credible financial organisation.
