The International Association of Deposit Insurers, African Regional Committee (IADI-ARC), has named Mr. Bello Hassan, the Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), as its Vice Chairperson.
The announcement came during the IADI-ARC Annual General Meeting (AGM) held recently in Dakar, Senegal.
Bashir Alhassan Nuhu, Director of Communication & Public Affairs at NDIC, made the announcement on behalf of the organization on Monday in a press statement sent to NIGERIAN ANCHOR.
IADI, which was established in May 2002, serves as the global standard-setting body for deposit insurance systems. It also acts as a platform for knowledge exchange, offering international conferences, workshops, attachments, capacity-building programs, and research and guidance on deposit insurance matters for its members.
In pursuit of its mission, the Association develops core principles, standards, and guidelines aimed at improving the effectiveness of deposit insurance systems across various jurisdictions.
Mr. Bello Hassan’s appointment as Vice Chairperson follows his election to the IADI Executive Council (EXCO) in October of the previous year during the IADI’s Annual General Meeting held in Buenos Aires, Argentina. The EXCO serves as the governing body of IADI, responsible for ensuring the Association’s smooth operations.
The leadership of IADI-ARC highlighted that Mr. Bello’s inclusion in the Association’s EXCO and his subsequent appointment as Vice-Chairperson reflects the recognition of his remarkable contributions, unwavering commitment, and significant leadership in advancing deposit insurance practices in Africa and worldwide.
The appointment signifies Nigeria’s growing prominence and influence within the global financial community, particularly in the field of deposit insurance.
