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NDIC Reiterates Commitment To Depositors’ Protection

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The Nigeria Deposit Insurance Corporation (NDIC) has reiterated its commitment to depositor protection and financial system stability in the country.

Its Managing Director, Mr. Bello Hassan,said this when he received the Chartered Institute of Directors (CIoD) President and Chairman of Council, Alhaji Tijjani Borodo,in his office recently.

He stressing that corporate governance is central to the Corporation’s operational mandate and critical in strengthening the integrity and resilience of banks as well as instilling public confidence in the financial system.

Speaking,Borodo expressed appreciation to the CIoD leadership in promoting professionalism and corporate accountability. 

Mr. Hassan further reiterated the Corporation’s readiness to sustain its partnership with the Institute in advancing a strong culture of corporate governance among the NDIC’s executive staff and across the broader financial industry. 

He commended the Nigeria Deposit Insurance Corporation (NDIC) for its excellence in operational standards, commitment to ethical leadership, and sound corporate governance.

He also lauded NDIC’s consistent implementation of its mandate and commitment to promoting the stability of the banking sector and the nation’s financial system.

Borodo noted  that the Corporation’s banking supervision and depositor protection efforts were highlighted as critical factors in its success.

“The NDIC’s excellence in operational standards, consistent implementation of its mandate, and unwavering commitment to ethical leadership and sound corporate governance… have been critical factors in the Corporation’s success.” – Alhaji Tijjani Borodo, CIoD President and Chairman of Council

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