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Adeduntan’s Winning Streak Continues as FirstBank wins Global Banking and Finance’s Retail Banking CEO Award 

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Dr. Adesola Adeduntan - FirstBank CEO

 

While the age-old saying and philosophy of virtue being its own reward (or seeing doing good as its own reward) remain a strong motivating factor in doing good persistently, it helps when virtue gets recognition from time to time. Even though anyone or organization committed to doing good will keep doing so with or without recognition, recognitions for virtue tend to act like a shot in the arm for such people or organizations, spurring them to commit even more to do good. That is what the recent award of “Retail Banking CEO of the Year Nigeria” to Dr Adesola Adeduntan, CEO of FirstBank of Nigeria Limited, is to both him and the bank he leads.

 

It is a shot in the arm of this foremost CEO of Nigeria’s most enduring financial institution that is also the pioneer in retail banking development in Nigeria, the premier bank in West Africa and the leading financial inclusion services provider in Nigeria for over 127 years, to keep steering the bank in the right direction, energising and expanding retail opportunities for all Nigerians in the process. It is a well-deserved recognition for a man and the institution he leads that would rather keep off the spotlight and focus exclusively on attending to Nigerians’ banking needs as best as they can – which is what has kept them going for 127 years and counting.

 

This critical role is one FirstBank is better suited to lead than any other lender given the robust retail banking framework that the bank has in place, that is riding on its innovative technology-driven operations, over 750 branches across the continents and 100,000 Firstmonie Agent banking network spread across 772 local government areas in Nigeria. It is little wonder that FirstBank, which is intricately woven into the fabric of Nigerian society, has been an essential player in the retail space, empowering Nigerians of all walks of life by providing them bespoke and innovative financial products and services that address their multidimensional needs. The bank has been at the forefront of bridging the financial exclusion gap and enabling customers and the general public to carry out both individual and corporate financial activities which contribute to the growth and development of the national economy.

 

The award by Global Banking and Finance Magazine, according to Dr Adeduntan, “speak[s] to the investments we [as FirstBank] have made over the past years in…enhancing financial inclusion….” It is a loud testament to the incredible strides FirstBank has made and continues to make in the retail space under the able and dynamic leadership of the management team led by Dr Adeduntan. 

 

The strides are in turn underpinned by the bank’s resolute commitment to putting the customer and other stakeholders at the heart of its business. Dr Adeduntan reiterates this view when he wasted no time in dedicating the award to all the bank’s “customers, as the trust they reposed in us being their bank of first choice in meeting their business and financial needs has been instrumental to the success we have achieved in our existence of over 127 years.” “We remain committed,” he continued, “to putting you, our customers, first as we contribute to the growth and development of our host communities.”

 

Organized to identify the banks across the world that have excelled across a number of areas, including corporate governance, sustainability and innovation, and have played a key role in the industry’s growth, the Global Banking and Finance Awards reflect the innovation, achievement, strategy, progressive and inspirational changes taking place within the global financial community. The awards were created to accord recognition to companies of all sizes which are prominent in their areas of expertise and excellence within the financial world. For Dr Adeduntan and FirstBank, the award is further proof of FirstBank’s enduring commitment to providing excellent retail banking services to all its customers as reflected in the bank’s strategic vision, diverse and inclusive workforce and performance-oriented organizational structure.

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BREAKING: FBI INDICTMENT: IGP SUSPENDS DCP ABBA KYARI, INAUGURATES 4-MAN PANEL FOR INVESTIGATION

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Sequel to the level of the numerous allegation of corruption leveled against super cop DCP Abba Kyari by the FBI over his involvement in taking funds from Celebrity fraudster Abass Olorunwa known as Hushpuppi, The Inspector-General of Police, IGP Usman Alkali Baba, psc (+), NPM, fdc has recommended the immediate suspension of DCP Abba Kyari, the Head of the Police Intelligence Response Team (IRT), from the Service of the Nigeria Police Force, pending the outcome of an ongoing internal investigation touching on him.

 

The IGP, in his letter to the Police Service Commission, dated 31st July, 2021, noted that the recommendation for the suspension of the officer is in line with the internal disciplinary processes of the Force. The IGP further noted that the suspension is also expected to create an enabling environment for the NPF Special Investigation Panel to carry out its investigations into the weighty allegations against DCP Abba Kyari without interference. The suspension is without prejudice to the constitutional presumption of innocence in favour of the officer.

The Special Investigation Panel (SIP), comprising four (4) Senior Police Officers, is headed by DIG Joseph Egbunike, the Deputy Inspector General of Police in charge of the Force Criminal Investigations Department (FCID). The SIP, inter alia, is to undertake a detailed review of all the allegations against DCP Abba Kyari by the US Government as contained in relevant documents that have been availed the NPF by the Federal Bureau of Investigation (FBI). The SIP is also to obtain a detailed representation of DCP Abba Kyari to all the allegations leveled against him, conduct further investigations as it deems fit, and submit recommendations to guide further actions by the Force Leadership on the matter.

Meanwhile, the IGP has reaffirmed the commitment of the Force to the Rule of Law and assured the public of the sanctity of the probe as well as the absolute respect for the rights and privileges of the officer throughout the period of the investigations.

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NAS tackles NBC over censorship of Media

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PYRATES

 

The National Association of Seadogs (Pyrates Confraternity) has kicked against what it called “blatant assault on press freedom” by the National Broadcasting Commission (NBC). The organisation declared that the directive by the regulatory body to Television and Radio stations not to “divulge” details of bandits, kidnappers and terrorists during Newspaper Reviews is unconstitutional as it violates freedom of expression of citizens and seeks to prevent the press from performing its duties enshrined in Section 22 of the 1999 Nigerian Constitution (as amended) to hold government accountable on behalf of the people.

The NAS Capoon, Mr Abiola Owoaje in a statement titled: “NBC’s Bullying of the Media Unacceptable” stated that the regulatory body by its latest action wants to suppress press freedom and restrict access of information to Nigerians.

According to Owoaje, NBC by the directive intends to criminalise journalism and prevents victims of terrorism, banditry and other associated crimes from getting justice.

“The National Association of Seadogs (Pyrates Confraternity) notes with considerable concern the sudden brazenness, repressive instincts and open partisanship being exhibited by the NBC in the interpretation of its regulatory remit in recent times. We unequivocally condemn these unethical attempts by the NBC to browbeat radio and television stations, and other organs of the Press, in a desperate bid to cow the Press.
Besides, we cannot find any justification for the bizarre NBC
directive; even on the hackneyed excuse of a security necessity, other than to
keep Nigerians in the dark about the uncomfortable reality of the insurgency
and the seeming inability of the security agencies to halt the spate of
insecurity across the country,” he said.

Owoaje stated further that contrary to what the security agencies would want Nigerians to believe, ferocious attacks on insurgents, kidnappers, killer herdsmen and bandits continue unabated in the country.
“We implore the executive arm of government to rein in the NBC to desist from its overt clampdown on press freedom.

The NBC should withdraw its illegal directive as it is unhelpful and counterproductive to the fight against insecurity in the country. Rather than see the media as the enemy, the media should be seen as a patriotic partner that can rally Nigerians to support the efforts of the government in tackling the myriad of security challenges afflicting our country. A free and unfettered press makes democracy thrive and is not merely a liberal indulgence. This is what Nigerians need. This is what we demand. We reject the shackles the NBC wants to foist on the media,” the statement added.

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ATTWON elects Ayo Omotosho at 5th AGM

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At the 5th AGM Meeting of ATTWON held at the Association’s Secretariat in Lagos on 23rd July 2021, Mr. Ayo Omotosho of Travelogue Communications was elected the second President of the Association with Mr. Lekan Akinruli as the Gen Secretary.

 

 

The Pioneer President, Ms. Omolola Itayemi of Your Travels Start Here(YTSH) replaces Mr. Tayo Adelaja of Infotrust Multimedia as the BOT Chairman. In his acceptance speech as the President, Mr. Omotosho was full of praises for the pioneer president who has successfully pioneered the first and only registered travel association in Nigeria for 5years.

Mr. Tayo Adelaja

 

He stated that the 4th AGM was meant to be the election year but for the pandemic that held sway all over the world, the 4th AGM couldn’t hold. However, ATTWON, a developmental travel association has not relented in training, opening up the travel and domestic landscape within and outside the shore of Nigeria. Mr. Omotosho promised to build on the solid foundation laid by President Emeritus, Ms. Itayemi while also bringing in innovations and laudable growth befitting the status of the association.

Prof Bambo Somuyiwa of LAUTECH, Ogbomoso that attended the AGM commend the association for their tutelage of their students who have gained immensely from both online and physical training about travels within and outside Nigeria. He stated that “ATTWON won my heart when they approached me in 2018 about taking the transport department students on their roles and importance to domestic tourism.

 

 

I attended the first training in late 2018. The three-tiers training in 2019 was superb! Despite the pandemic, they held series of online talks and training with the sophomore and graduating student on how to be self-reliant in 2020. I had to ensure that I was also present to deliver a paper, gift and commendation on behalf of my students and the department.

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