The International Association of Deposit Insurers, African Regional Committee (IADI-ARC) has appointed the Managing Director and Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan as its’ Chairman.
The appointment was made at the IADI-ARC Annual General Meeting (AGM) held in Dakar, Senegal.
In a statement, the IADI-ARC leadership notes that the appointment of Mr. Bello into the Association’s EXCO by its General Assembly and their collective resolve in appointing him as the IADI-ARC Vice-Chairman is in recognition of his outstanding contributions, commitment and leadership role in deepening deposit insurance practice in Africa and the globe in general.
It explains that the appointment of the NDIC boss will promote the objectives of the Association, develop core principles, standards and guidelines to enhance effectiveness of the deposit insurance systems in various jurisdictions.
Mr. Bello was elected into the IADI Executive Council (EXCO) in October 2022 during it’s Annual General Meeting (AGM) held in Buenos Aires, Argentina.
The International Association of Deposit Insurers (IADI) was formed in May 2002 as the global standard-setting body for deposit insurance systems and as a forum for knowledge and experience sharing through international conferences, workshops, attachments and other capacity building programs as well as research and guidance on matters relating to deposit insurance for its members.
PR/Umbwanko Baba
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