New CIBN President Dele Alabi Unveils Vision to Shape Nigeria’s Banking Future

Juliet Ezeh

The newly elected President of the Chartered Institute of Bankers of Nigeria, Dele Alabi, has set an ambitious tone for the future of Nigeria’s banking industry, calling for unity, innovation, and collective responsibility among members.

Alabi, who emerged as the Institute’s 24th President and Chairman of Council during its Annual General Meeting in Lagos, said his leadership would focus on positioning the Institute at the forefront of a rapidly evolving financial landscape.

Rather than treating his emergence as a personal achievement, Alabi described the mandate as a call to service that demands shared commitment across the banking community.

“I accept this responsibility as a call to serve with integrity, professionalism, and innovation,” he said, stressing that the Institute must go beyond adapting to change and instead play a leading role in shaping the future of banking.

Driving a New Era of Banking Leadership

Alabi signaled a shift toward forward-thinking leadership, noting that Nigeria’s financial system must keep pace with global transformation driven by technology and changing customer expectations.

He urged members, both within the country and in the diaspora, to strengthen collaboration in order to sustain the Institute’s legacy while embracing new opportunities.

Building on a Strong Foundation

The new president also acknowledged the groundwork laid by previous administrations, particularly his predecessor, Pius Olanrewaju, whose tenure he credited with strengthening the Institute’s institutional and financial base.

According to Alabi, the challenge ahead is not just to preserve past achievements but to build on them in a way that keeps the Institute relevant in a competitive global financial environment.

A Defining Moment for the Banking Sector

His emergence comes at a critical time when Nigeria’s banking sector faces increasing pressure to innovate, maintain trust, and adapt to digital disruption.

Observers say his emphasis on unity and innovation could shape how the Institute responds to these challenges in the coming years.