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Former Defunct Skye Bank Director Joins Wema Bank

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Ibiye Asime Ekong

By Dipo Olowookere

A former executive director of the defunct Skye Bank Plc, Mrs Ibiye Asime Ekong, has been appointed to the board of Wema Bank Plc.

The operating licence of Skye Bank was revoked by the Central Bank of Nigeria (CBN) and then nationalised to Polaris Bank. Mrs Ekong served on the board of the financial institution until she retired.

But Wema Bank intends to tap into the over 28 years’ experience of the financial professional, who is an expert in accounting and banking and finance with a passionate bias for retail banking.

A statement issued by Wema Bank said the new appointee is coming on board as an independent non-executive director to replace Ms Tina Vukor-Quarshie, who left after the expiration of her tenure.

Mrs Ekong started her professional working career as Management Trainee and later Assistant Treasurer at John Holt Plc where she was charged with funds management and foreign exchange bidding management. She later joined banking at Chartered Bank Plc’s Correspondent Banking Unit and was at one time, the Treasurer of the bank managing the bank’s assets and liabilities.

She was part of the pioneer team that transformed the operations of Prudent Merchant Bank to commercial banking, contributing to the growth and development of Prudent Bank in various senior management capacities, to wit: Senior Manager (Treasury, Assistant General Manager (Treasury), Deputy General Manager (Corporate Banking).

From 2006, as part of the consolidated Skye Bank team, she was General Manager (Business Development) and Head of Enterprise Risk Management before becoming an Executive Director in charge of the South-South, Edo, Delta and South-East regions of the bank, as well as Head of the retail banking team.

Mrs Ekong is a Fellow and former Council Member of the Chartered Institute of Bankers of Nigeria (CIBN) and currently serves on the Finance and General Purposes Committee of the Governing Council of the CIBN.

She is also a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and member of the Institute of Directors (IoD) and the Risk Management Association of Nigeria. 5he served as a member of the Audit Committee of Nigerian Interbank Settlement System (NIBSS) and member of the Audit Committee of CIBN and member of several other committees of the CIBN.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng

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FCTA Employees Undergo ICT Training to Boost Productivity

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FCTA employees ICT training

By Sodeinde Temidayo David

The Federal Capital Territory Administration (FCTA) has flagged off another batch of training on Information Communications Technology for 1,950 of its personnel.

The FCT Permanent Secretary, Mr Adesola Olusade, speaking at the flagship programme at the FCTA ICT Laboratory in Abuja, stated that the exercise is to ensure efficiency.

The ICT training has been carefully structured into 12 streams with 163 participants per batch, every week, all together for 12 weeks, with participants drawn from all the Secretariats, Department and Agencies (SDAs) of the FCTA.

Participants were urged to take the exercise seriously as the administration will assess their performance at the end of the training.

It would be recalled that about one month ago, the council flagged off the first batch of 2021 training for over 60 staff of the administration at the Public Service Institute of Nigeria, Kubwa.

According to the Permanent Secretary, the FCT Administration is poised to ensure that its employees become proficient in the use of technology and then empowered adequately to manage administrative processes and functions digitally.

He stated that ICT has become the fastest, latest, most important and widely used innovative tool and skill in the 21st century and will remain the central, most penetrating and directional influence even in the centuries ahead.

The senior council official noted that the world has become a global village, made possible by the extensive imposition of ICT, which as a result much tasks and problems are accomplished and solved more than ever before.

As explained by the FCTA secretary, ICT has made means of communication become more effective, faster and seamless, including digitalisation and globalisation of businesses, adding that technology is a veritable platform for communication and transactions both in the public and private sectors is fast replacing paperwork.

Mr Adesola also posited that every aspect of lives and official function, such as health management, media, public enlightenment, security, clerical, administrative, monitoring and evaluation and many more can become great and progressively enhanced by the emergence of ICT.

He, therefore, urged all staff of the FCTA to embrace technology as the administration was constantly modernising its daily routine duties and operations as it regularly engages and interfaces with agencies.

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University of Ibadan Elects Prof Adebowale as 13th VC

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Prof Adebowale

By Adedapo Adesanya

Professor Kayode Adebowale has emerged as the 13th Vice-Chancellor of Nigeria’s premier university, the University of Ibadan, Oyo State.

This was disclosed by the Chairman of the institution’s Governing Council, Mr John Odigie-Oyegun, on Thursday at the Senate Chambers in Ibadan.

He said the Joint Council-Senate Selection Board interviewed the eight candidates shortlisted and the Professor of Chemistry, who until his appointment was the Deputy Vice-Chancellor (Administration), was preferred to head the 73-year-old university.

Mr Odigie-Oyegun said: “Two representatives of the Federal Character Commission (FCC) and the representatives of the Federal Ministry of Education were in attendance.

“At the end of the very thorough, transparent and highly competitive exercise, Prof. Kayode Oyebode Adebowale emerged as the best candidate for the position of Vice-Chancellor.

“The Governing Council, at its just-concluded meeting today considered the report of the Selection Board and approved the recommendation of the Board to appoint Professor Kayode Oyebode Adebowale as the next Vice-Chancellor of the University of Ibadan.”

Mr Odigie-Oyegun further said that the position of the VC became vacant on December 1, 2020.

In his acceptance speech, Prof Adebowale said that though, he was not the best among all the candidates, he was happy to have been appointed to the institution’s apex position and called for support from the entire university community for his administration.

The selection came almost a year after the process for the appointment of the 13th substantive vice-chancellor at the University of Ibadan was halted. Sixteen candidates had applied to lead the university.

However, the withdrawal of a former Dean, Faculty of Arts of the same institution, Professor Remi Raji-Oyelade, had reduced the number to 15.

Following a screening exercise by the Governing Council of the university, the number of contestants was pruned to eight on Wednesday.

Those who scaled through the screening on Wednesday included the Acting VC, Professor Adebola Ekanola, Professors Yinka Aderinto; Adebowale; Ademowo and Babatunde Salako.

The process of appointing the 13th vice-chancellor of the university began afresh under the newly appointed Chairman of the institution’s Governing Council.

This was due to various allegations of malpractices by various factions within the university community under the former VC, Professor Idowu Olayinka.

The new race, which commenced in the second week of July 2021, came after the decision on the cancellation of the initial process of the VC race by the new Governing Council of the University.

The initial UI VC race, which started in May 2020, ended on November 23 with the directive from the Federal Ministry of Education, through the Nigerian Universities Commission (NCC), due to various crises that marred the election of members of the Senate representatives.

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Senate Confirms Justice Baba-Yusuf as FCT Chief Judge

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Justice Baba-Yusuf

By Sodeinde Temidayo David

The Nigerian Senate has confirmed the nomination of Justice Hussein Baba-Yusuf as the Chief Judge of the Federal Capital Territory (FCT) High Court.

President Muhammadu Buhari had last week transmitted a letter to the upper chamber of the National Assembly for the confirmation of Justice Baba-Yusuf for the position.

Mr Buhari had explained in the letter that the nomination of the respected legal practitioner was in accordance with the provision of Section 256(1) of the Constitution of the Federal Republic of Nigerian 1999, as amended.

At the Senate, the nomination of the judge was considered and approved following the recommendations of its Committee on Judiciary, Human Rights and Legal Matters headed by Mr Opeyemi Bamidele.

While presenting his report on Tuesday, Mr Bamidele said the judge met all the requirements expected of him.

Mr Baba-Yusuf has been holding the position in an acting capacity since August and is now recognized as the chief judge following the approval.

The development followed the resignation of Mr Salisu Garba as the chief judge of the FCT high court.

The Chief Judge is the highest judicial officer in the state and acts as a chief administrative officer as well as a spokesperson for the judicial branch.

The Chief Judge presides over oral arguments before the court and also has significant agenda-setting power over the court’s meetings.

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