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CBN delegation meets heads of financial institutions

Mar 30, 2010, 12:44 PM | Article By: Sainey M.K. Marenah

A four-member delegation from the Central Bank of Nigeria own FITC, who were on a short visit to The Gambia last Thursday met with officials of the Gambia banking industry, at a cocktail reception held at the Sheraton Resort and Hotel in Brufut.

The meeting, which brought together senior members of the country's banking industry, was among others, aimed at discussing their mission to The Gambia, and to deliberate on the way forward for the banking industry.

FITC is a professional service firm, which provides cutting-edge training, research, and consultancy services to clients, within and out side Nigeria. It is owned by the Bankers Committees, comprising the Central Bank of Nigeria, Nigerian Deposit Insurance Corporation and all Deposit money banks in Nigeria.

Speaking to journalists shortly after the meeting, the head of the delegation and Managing Director of FITC Dr. Lucy Surhyel Newman said that they are professional service-providers not for profit-making.

"We come to The Gambia to deliver training for some directors as one of the regular agencies in Nigeria. The essence is to give and prepare them for life in retirement and explore opportunities for investment as part of our training," she said.

According to her, during their stay in the country, they had visited the Gambia Chamber of Commerce and Industry (GCCI), Gambia Investment Promotion and Free Zone Agency (GIPFZA) and the Central Bank of The Gambia, among others.

The FITC visit, she added, is also a follow-up to an earlier proposal made to the Central Bank of The Gambia.

She revealed further that FTIC has been in operation for the past 29 years, noting that its strategy is to expand to other West African countries by offering services, including helping them to create organizations, like FTIC in each of those countries, including The Gambia.

She described as fruitful the outcome of their discussions with officials, expressing hope that the discussions would yield good results for The Gambia. 

"The meeting also provides us the opportunity to deepen our understanding of particular Gambian sector," she concluded.