Dr. Dele Alabi emerges 24th President of CIBN

The Chartered Institute of Bankers of Nigeria (CIBN) has announced the election of Dr. Dele Alabi as its 24th President and Chairman of Council, following its Annual General Meeting (AGM) and elections held in Lagos on Saturday, March 28, 2026.

This transition marks a significant milestone in the Institute’s leadership succession, occurring as the banking industry completes its recapitalisation.

In his acceptance remarks, Dr. Alabi described his emergence as a collective victory for the profession rather than a personal achievement.

He pledged to lead the Institute with a mandate anchored on integrity, professionalism, and innovation, emphasizing his commitment to utilizing the banking profession as a primary catalyst for national development.

Dr. Alabi further articulated a vision to transition the CIBN from merely adapting to change to taking a leading role in shaping the future of global finance, ensuring the Institute maintains both local relevance and international recognition.

The election results also saw the emergence of a new executive team to support the incoming administration. Dr. Mojisola Asieru-Sweet was elected as 1st Vice President, Dr. Peter Ashade as 2nd Vice President, and Dr. Haruna Musa as National Treasurer. Additionally, the Governing Council will be bolstered by newly elected members including Abosede Ogundimu, Obafemi Omolola, Mary Akpenyi, and Adesina Joda.

Reflecting on the previous administration's tenure, the outgoing President, Prof. Pius Olanrewaju, highlighted a period of substantial institutional growth.

Prof.Pius administration recorded a significant increase in internally generated revenue and the expansion of membership by nearly 7,000 individuals.

Other notable achievements included the remodeling of the national headquarters and the deployment of digital infrastructure that facilitated virtual participation for approximately 20,000 members.

Prof. Olanrewaju also cited key reforms to the examination system, including more frequent sittings and the introduction of a globally accessible proctored format.