CIBN accredits Sterling Bank training academy 

In recognition of its compliance with regulatory standards and best practices, the Chartered institute of Bankers of Nigeria (CIBN) has granted a Full Accreditation status to the Sterling Bank Training Academy in Lagos.

Seye Awojobi, the Registrar and Chief Executive of the CIBN indicated that the Certificate of Accreditation and the Technical Report of the Accreditation Exercise which had a validity of three years would be formally presented to the Bank during an official ceremony to be duly communicated. The Sterling Training Academy is the arm of the Human Performance Management Group responsible for the foundation school training of the Bank’s new intakes as well as ensuring the continuing professional development of the institution’s workforce.

The CIBN is the sole Accreditation Agency under the Competency Framework for the Banking and Finance Industry in the country. In the letter communicating the development to the Bank signed by its Registrar, Awojobi, the Institute congratulated the Bank and indicated that the accreditation was coming on the back of a commendable performance during the formal evaluation exercise that entailed various processes.

The Bank’s Executive Director, Finance and Strategy, Abubakar Suleiman speaking on the development noted that “Sterling Bank is an organization that values the immense importance of learning and innovation and we are excited to receive the news of this accreditation. This further validates other recognitions we have received recently for our relentless commitment to excellence and innovation.”

Suleiman speaking further on the Bank’s approach to Talent management and development as it relates to its human resources mentioned that the Bank has a wide range of initiatives aimed at encouraging its people to continue to develop themselves as well as other welfare packages. “We believe strongly in the need for continuous learning and self-improvement. Providing top-notch training is one way we groom and build our people to be a differentiated crop of Bankers and leading professionals that will lead not just the industry but the economy at large. This is why we have in place such talent development initiatives such as the Sterling Graduate and Management Associate programmes aimed at building both the technical and leadership competence of various categories of our people, our most valuable resource”.

He explained that one of the benefits from the accreditation was that graduates of the Bank’s Foundation school would enjoy exemptions from the Institute’s Banking Professional Examinations leading to the award of the ACIB (Associate of the Chartered Institute of Bankers).

It would be recalled that the Bank which strategically led the industry a few years ago in the growing emphasis of the importance of customer focus by its “One-Customer” brand proposition graduated about 30 graduates following its intensive 8 weeks training  recently from the same Training