The International Association of Deposit Insurers, African Regional Committee, IADI-ARC has appointed the Managing Director, Nigeria Deposit Insurance Corporation, NDIC, Bello Hassan as its Vice Chairperson.
This was contained in a statement signed by the Director, Communication and Public Affairs, Bashir Nuhu and made available to Channel Network Afrique, CNA.
According to the statement, the appointment made at the IADI-ARC Annual General Meeting recently in Dakar, Senegal was in recognition of his outstanding contributions, commitment and leadership role in deepening deposit insurance practice in Africa and the globe in general.
“The IADI-ARC leadership noted that the appointment of Bello into the Association’s EXCO by its General Assembly and their collective resolve in appointing him as the IADI-ARC Vice-Chairperson were all in recognition of his outstanding contributions, commitment and leadership role in deepening deposit insurance practice in Africa and the globe in general,” it stated.
In October 2022 at the IADI’s Annual General Meeting in Buenos Aires, Argentina, the NDIC boss was elected into the IADI Executive Council, the governing body of the Association that ensures the smooth functioning of its affairs.
The International Association of Deposit Insurers (IADI) was formed in May 2002 as the global standard-setting body for deposit insurance systems and 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.
In furtherance of its objectives, the Association develops core principles, standards and guidelines to enhance effectiveness of the deposit insurance systems in various jurisdictions.
