Bolarinwa Emerges ACAMB President, Vows to Reposition Group

Image

By Dipo Olowookere

The Head of Corporate Communications of Polaris Bank, Mr Rasheed Bolarinwa, has emerged as the new president of the Association of Corporate Affairs Managers of Banks (ACAMB).

He was among the new executives of the group elected at the Annual General Meeting (AGM) of ACAMB held on Thursday, January 19, 2022, at the Bankers’ House, CIBN Building, Victoria Island, Lagos.

He and other excos will pilot affairs of the umbrella association of communications and marketing professionals working in Nigeria’s banking sector for the next two years.

Others elected were First Bank’s Mr Oze K. Oze as the First Vice President, Mrs Lola Egboh of First City Monument Bank (FCMB) as the Second Vice President, while the new Secretary-General is Mr Sipe Babajide of Ecobank.

The position of Assistant Secretary-General was won by Mr Omede Odekina of the United Bank for Africa (UBA), while Mr Patrick Osilaja of Fidelity Bank emerged as the Financial Secretary.

Wema Bank’s Mrs Funmilayo Falola was elected as the new Treasurer, Mr Abdul Imoyo of Access Bank will serve as the Publicity Secretary, while Mrs Ozena Utulu of Heritage Bank will assume the role of Social Secretary.

In addition, the immediate past president of the group, staff from the Central Bank of Nigeria (CBN), the Nigeria Deposit Insurance Corporation (NDIC) and the Chartered Institute of Bankers of Nigeria (CIBN) will serve as ex-officios.

In his post-election acceptance speech, the new ACAMB president assured members that he would reposition the association as a foremost professional body they would all be proud of, adding that his vision also includes innovating a post-retirement strategy that ensures members have a sustainable livelihood long after exiting the industry.

“I will be committed to my vision, which is to reposition ACAMB as a foremost professional Association that encourages and ensures every marketing communications professional in the Banks aspires and attains the highest level of professional recognition and fulfilment on the job while at the same time being assured of a sustainable livelihood long after exiting the industry,” he stated.

Mr Bolarinwa, who served in the past executive as a two-term Secretary-General, restated his commitment to the upliftment of members in line with his electioneering promises anchored on the four-pillar themed PEAL: Partnership & Platform, Engagement, Advocacy, and Learning & Value-addition (PEAL).

The new President further assured that ACAMB under his leadership would seek partnerships and platforms among strategic institutions and stakeholders with a view to delivering value to members, as well as enhancing professionalism.

He also said his team would embark on advocacy aimed to deepen awareness and knowledge of the banking industry and its contributions to national socio-economic growth.

Earlier, the Chairman of the ACAMB Electoral Committee, Mr Segun Shonubi, said all aspirants for the advertised position had met minimum requirements as outlined in the association constitution and, therefore, qualified to stand for the election.

A 1996 graduate of Mass Communication, Mr Bolarinwa holds a Master’s degree from the University of Ibadan and an MSc degree from the UNESCO-certified Mass Communication department of the University of Lagos.

He is a member of numerous professional bodies, including Fellow of the National Institute of Marketing of Nigeria (NIMN); Registered Practitioner, Advertising Practitioners Council of Nigeria (APCON), and Member, Nigerian Institute of Public Relations (NIPR).

He has also attended several high-impact function-specific and leadership training at top business schools in Nigeria and overseas.

Share
Related Stories
Image
22-February-2024

Purple Real Estate Welcomes Umar, Oladimeji to Board

By Adedapo Adesanya Nigerian real estate platform, Purple Real Estate Income Plc, has made significant changes to its board, marking a pivotal moment in the company’s growth strategy amid current macro headwinds. The reshuffle brings on Mr Aminu Umar and Mr Olasunkanmi Oladimeji to join the board as Non-Executive Director and Executive Director. The duo of Mr Umar and Mr Oladimeji will take over from Mrs Osareme Archibong and Mrs Fiona Ahimie, both outgoing Independent Non-Executive Directors, according to notice on NASD OTC Securities Exchange, where the company trades its securities. Commenting on the changes, the Chairman of the board,

Image
18-March-2024

2,250 Professionals for Interswitch Job Shadowing Programme

By Modupe Gbadeyanka An initiative known as Job Shadowing Programme designed to empower about 2,250 professionals through immersive training, tailored coaching, and mentorship sessions has been introduced by one of Africa’s leading integrated payments and digital commerce companies, Interswitch. A statement disclosed that the mentorship sessions would span diverse disciplines such as engineering, product management, operations, marketing, finance, and human resources. The firm explained that the scheme was designed to nurture emerging talent and enhance capabilities within the continent’s tech sector. Scheduled to run from March to June 2024, participants will immerse themselves in comprehensive training, gaining insights into industry

Image
15-March-2024

TVC Communications Appoints Victoria Abiola Ajayi New CEO

By Modupe Gbadeyanka Mrs Victoria Abiola Ajayi has been appointed as the new chief executive of TVC Communications, a senior member of the Lagos-based broadcast station, Mr Babajide Kolade-Otitiju, has disclosed. Her appointment, it was gathered, becomes effective Wednesday, May 1, 2024. She will be expected to use her experience, including her training in the United Kingdom, to “take the company to new frontiers of profitability and sustainability,” according to Mr Kolade-Otitiju. Business Post learned that she will oversee the subsidiaries of the broadcast powerhouse, which include TVC News, TVC Entertainment, Max FM, and Adaba FM. The seasoned finance leader

More Stories
Image
16-November-2020

P+ Measurement Services to Celebrate Annual Measurement Month

By Modupe Gbadeyanka Despite recent developments succeeding the global impact of COVID-19 pandemic, the International Association for the Measurement and Evaluation of Communication (AMEC), an international regulator for media measurement and evaluation is organising its annual AMEC Measurement Month in November 2020. This is an event that brings together over 160 members of the association in 86 different countries of the world and P+ Measurement Services, the foremost media intelligence agency and the only Nigerian member of AMEC, is spearheading this year’s 5th edition of the event in Nigeria with the theme Upscaling the role of Media Monitoring, Measurement and

Image
11-March-2021

Equities Gain N128bn on NSE Conversion to Plc, Bargain Hunting

By Dipo Olowookere The Nigerian Stock Exchange (NSE) rebounded on Wednesday with a 0.63 per cent gain on the back of renewed bargain hunting by investors. Also, news that the exchange has concluded its conversion into a public company excited investors yesterday as the shares of the regulator would now be available to the general public for trading. At the close of transactions at the midweek session, the market capitalisation of the bourse grew by N128 billion to N20.369 trillion from N20.241 trillion. Also, the All-Share Index (ASI) increased by 244.40 points to settle at 38,931.25 points in contrast to

Image
26-October-2020

Toriola Emerges CEO as MTN Nigeria Reshuffles Management

By Adedapo Adesanya MTN Nigeria has reshuffled its top management team with the appointment of Mr Karl Toriola as its new Chief Executive Officer (CEO) effective March 1, 2021. This was disclosed on Monday in a notice to the Nigerian Stock Exchange (NSE) and signed by the company’s secretary, Mrs Uto Ukpanah, who explained that the March 2021 handover date is to provide enough time for a smooth transition. Mr Toriola, who currently serves as the vice president West and Central Africa (WECA), excluding Nigeria and Ghana, is taking over from the current CEO, Mr Ferdinand Moolman, who will exit

Image
28-January-2022

FG Unveils NIPOST Agency Banking Platform

By Adedapo Adesanya The federal government has inaugurated an agency banking platform alongside a debit card system and 27 courier service vehicles for the Nigerian Postal Service (NIPOST) as part of efforts to digitalise and diversify the country’s postal agency. The inauguration was made by the Minister of Communications and Digital Economy, Mr Isa Pantami, on Thursday in Abuja, who noted that the organisation’s debit card and the NIPOST agency banking platform will deepen financial inclusion and boost Nigeria’s digital economy. He explained that the 27 courier service vehicles will make NIPOST and its partner, Speedaf Express, compete favourably in

Image
01-May-2020

Christianity, COVID-19, History, Philosophy & Atheism: Predicting 2020 – 3020

By Nneka Okumazie If Christ’s second coming does not happen soon, to immediately set in the Book of Revelation, there are likelihoods for the next one thousand years. The reason for this prognostication is how lost many are in the maximum of present day capability, knowledge, power, problems, etc. History is forgotten and future is disregarded. A century is diminutive in a larger scope, but a millennium explains better. The last one ending 1999 was thoroughly eventful. That thousand years starting in 1000AD could be referred to as M1-AD. This current millennium can be referred to as M2-AD, then next

Image
03-May-2018

Trade Talks Uncertainty May Weigh on US Stocks

By Investors Hub The major U.S. index futures are pointing to a lower opening on Thursday, with stocks likely to see further downside after coming under pressure late in the previous session. The downwardly momentum on Wall Street comes as traders are keeping a close eye on trade talks between the U.S. and China. The U.S. delegation led by Treasury Secretary Steven Mnuchin is expected to raise concerns with Chinese Vice Premier Liu He about a number of China’s trade practices. In a post to Twitter, President Donald Trump said, ?Our great financial team is in China trying to negotiate

Image
04-May-2018

GE, Kenya Cardiac Society to Train Health Professionals

By Dipo Olowookere Plans have been concluded by General Electric (GE) and the Kenya Cardiac Society (KCS) to offer echocardiography training to physicians and technicians in public and private hospitals in the country. Both parties recently entered into a two-year collaboration to make this happen and the training is expected to enable the physicians and technicians to better offer primary baseline assessment for patients with identified cardiac illnesses. The trainings, which will be held in six-month cohorts, will enrich participants with technical skills on cardiac imaging with focus to anatomy, physiology and hemodynamics as well as sonographic measurement and probe

Image
29-August-2016

Osinbajo Inaugurates $136m Produce City In Benin

By Modupe Gbadeyanka An Integrated Produce City (IPC) project has been inaugurated in Edo State by the Vice President, Prof. Yemi Osinbajo. The IPC, worth $136 million, was launched by the Vice President at a ceremony held at the location of the project in Ugbokun, near Okada town, a few kilometres away from Benin City, the state capital. The IPC project is the first in Nigeria and it is expected to transform the lives of thousands of people in the country. Governor of Edo State, Adams Oshiomhole, who represented Mr Osinbajo, disclosed that the government moved to establish the IPC

Ad
Ad
Recent Stories
Image
19-March-2024

TikTok, AU Commission Partner for Digital Safety Campaign

By Adedapo Adesanya TikTok and the African Union Commission (AUC) are teaming up to launch the Africa-wide #SaferTogether Campaign, aimed at educating and engaging youngsters, parents, teachers, and community leaders on digital safety through in-app and on-ground activities. The partnership will be carried out by a short-form video app and the African Union Commission’s Women, Gender, and Youth Directorate (WGYD) and is aimed at bolstering online safety awareness among the youth as well as parents, teachers and guardians in Africa. This innovative collaboration emerges at a critical moment, addressing the urgent need for digital safety amidst the unique challenges faced

Image
19-March-2024

Court Dismisses Olu Agunloye’s EFCC Abuse Suit, Orders N500,000 Payment

By Adedapo Adesanya The Federal High Court in Abuja has dismissed a suit filed by a former Minister of Power and Steel, Mr Olu Agunloye, alleging abuse of his fundamental rights and seeking to be shielded from investigation and prosecution by the Economic and Financial Crimes Commission (EFCC). In a statement following the court’s judgement on Monday, the anti-graft agency said the presiding judge, Mr Obiora Egwuatu, dismissed the suit for lacking in merit and awarded a cost of N500,000 against Mr Agunloye in favour of the EFCC. Dismissing the suit, the judge held that Mr Agunloye’s fundamental human right

Image
19-March-2024

International Breweries Wants Approval for $379.9m Loan, Convert to Equity

By Aduragbemi Omiyale An Extra-ordinary General Meeting (EGM) for shareholders of International Breweries Plc to approve the $379.9 million loan to the company from AB InBev Nigeria Holdings BV and convert this to equity is scheduled for Tuesday, April 9, 2024. This was confirmed by a statement signed by the company secretary, Mrs Marian Reginald-Ukwuoma, on Monday. It was disclosed that the meeting would take place at the External Ballroom of the Federal Palace Hotel in Lagos. Business Post gathered that International Breweries obtained a loan of $379.9 million from Citibank Abu Dhabi and AB InBev Nigeria, one of the

Image
19-March-2024

How Putin Won March 2024 Presidential Election

By Kestér Kenn Klomegâh After three days (March 15 to 17) of voting, Vladimir Putin is leading the Russian presidential election with 87.34% after 98% of ballots were counted, according to data from the Russian Central Elections Commission. Undoubtedly it gives Putin, who has been in power since the last days of 1999, another six-year term (2024-2030) to lead Russia, and to pursue with much vigour its foreign policy ambitions in the international system and push forward the much-trumpeted multipolar configuration with a focus on Global South. Putin’s assertive control over the political landscape has been solidified due to the

Image
19-March-2024

Moove Raises $100m in Fresh Race to Conquer New Markets

By Adedapo Adesanya Exactly a year after raising $105 million in an oversubscribed Series A2 round, African mobility company, Moove, has raised $100 million in a Series B funding round as it plots expansion into new markets. According to reports, the funding round was led by mobility giant, Uber and saw injection from others such as sovereign wealth fund Mubadala, The Latest Ventures, AfricInvest, Palm Drive Capital, Triatlum Advisors, and Future Africa. This now pushes Moove’s post-money valuation to $750 million. The company is helping to solve the continent’s acute problem of limited access to vehicle financing for millions of

Image
19-March-2024

Oil Stocks Trigger 1.77% Gain at NASD OTC Exchange

By Adedapo Adesanya Oil stocks, Aradel Holdings and Acorn Petroleum, led the NASD Over-the-Counter (OTC) Securities Exchange to a 1.77 per cent appreciation on Monday, March 18. They increased the value of the alternative bourse by N24.85 billion during the trading session to N1.428 trillion from the N1.403 trillion it closed in the preceding, and the NASD Unlisted Security Index (NSI) rose by 18.33 points to wrap the session at 1,053.98 points compared with 1,035.65 points recorded at the previous session. Aradel Holdings Plc, after recent profit taking, appreciated by N114.28 yesterday to settle at N1,734.28 per unit compared with last

Image
19-March-2024

Naira Trades N1,597/$1 at Official Market, N1,600/$1 at Black Market

By Adedapo Adesanya The Naira appreciated against the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) segment of the currency market on Monday by 0.3 per cent or N5.41 to close at N1,597.34/$1 compared with last Friday’s value of N1,602.75/$1. It also improved its value against the Pound Sterling in the official market yesterday by N50.97 to wrap the session at N2,003/£1 compared with the preceding session’s N2,054.06/£1 and gained N41.89 against the Euro to close at N1,712.69/€1 versus N1,754.58/€1. It was observed that the supply of forex, according to data from the FMDQ Securities Exchange, slightly waned

Image
19-March-2024

Brent Jumps to $86 Per Barrel on Low Crude Exports, Stronger Demand

By Adedapo Adesanya  The price of the international crude benchmark, Brent Crude, rose by 88 cents or 1.0 per cent to $86.22 per barrel on Monday, triggered by lower crude exports from Iraq and Saudi Arabia and signs of stronger demand and economic growth in China and the US. Also, the US West Texas Intermediate (WTI) crude appreciated by $1.01 or 1.3 per cent to $82.05 per barrel, as Iraq, the second-largest producer in the Organisation of the Petroleum Exporting Countries (OPEC), said it would reduce crude exports to 3.3 million barrels a day in the coming months to compensate

Image
18-March-2024

Cardoso Begins CBN Clean-up, Removes Directors Close to Emefiele

By Aduragbemi Omiyale There are strong indications that some directors at the Central Bank of Nigeria (CBN) may have to lose their jobs in the in-house clean-up exercise by the Governor, Mr Yemi Cardoso. Reports suggest that Mr Cardoso wants to let go of some directors who worked closely with Mr Godwin Emefiele, who President Bola Tinubu believes worked to stop him from going to Aso Rock. Recall that during his electioneering campaign, Mr Tinubu accused the former CBN chief and some persons of introducing the botched Naira redesign policy to frustrate him. Immediately after he assumed office on May

Image
18-March-2024

Profit-Taking Depletes Nigerian Exchange by 0.40%

By Dipo Olowookere The Nigerian Exchange (NGX) Limited succumbed to profit-taking on Monday, shedding 0.40 per cent despite a bullish investor sentiment. The local bourse ended with 27 price gainers and 18 price losers today, implying a positive market breadth index. The selling pressure was just investors booking profit after gains in the past few trading sessions, especially in MTN Nigeria, GTCO, Zenith Bank and others. The heaviest price depreciation was recorded by McNichols, 9.30 per cent, closing at N1.17, and was trailed by DAAR Communications, which shed 8.97 per cent to 71 Kobo. UPDC declined by 7.89 per cent