ABUJA — The Chartered Institute of Bankers of Nigeria has resolved 2,206 of the reported cases through its ethics and governance directorate.
The institute also said that the total amount awarded on the cases was N30.65bn and $19.48m since the inception of the tribunal.
However, it said no fewer than 2,256 depositors have lodged complaints on transactions totaling N368.9bn and $428.7m (N177.05bn) on their accounts against their banks.
This is contained in the institute 2021 annual report which was released on Saturday after its annual general meeting in Lagos.
The President, CIBN, Dr. Bayo Olugbemi, said in 2021, the CIBN said it received 35 petitions with claims amounting to N4.3bn while 17 cases were fully resolved.
Olugbemi said the institute was committed to promoting banking education and professionalism in Nigeria and the world at large.
He said the number of individual members of the institute grew from 144,922 as of April 30, 2021, to 149,967 as of March 24, 2022, representing an increase of 3.5 per cent over the previous year.
He said the institute received a boost as it was appointed as the secretariat for the Bankers Committee, Sub-Committee on Competency and Industry Standards.
During the meeting, Dr. Kenneth Opara was elected as the 22nd president/chairman of the council of the institute.
Some other elected officers are Prof. Pius Olanrewaju as the first vice president; Mr. Oladele Alabi as the second vice president; and Mrs. Mojisola Bakare-Asieru as the national treasurer.
Other elected officers in the governing council are Dr. Victor Aguwah; Mr. Olayinka Odutola; Ms. Mary Aina; and Mr. Segun Oshadare to serve the tenure from 2022 to 2024.
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