CIBN Elects Dr Oladele Alabi As 24th President
CIBN Elects Dr Oladele Alabi as 24th President
The Chartered Institute of Bankers of Nigeria (CIBN) has elected Dr Oladele Alabi as its 24th President, marking a new phase of leadership for the institute. The election followed an online voting process, with results announced at the institute’s 2026 Annual General Meeting held in Victoria Island, Lagos.
Alongside Alabi’s emergence, the institute also elected other key officers
- Dr Mojisola Asiru-Sweet 1st Vice President
- Dr Peter Ashade 2nd Vice President
- Dr Haruna Musa National Treasurer
The new leadership is expected to steer the institute’s strategic direction and strengthen its role within Nigeria’s financial sector.
Alabi succeeds Pius Deji Olanrewaju, the 23rd President, whose tenure focused on institutional reforms and growth.
Reflecting on his administration, Olanrewaju highlighted achievements under his
- Growth in membership by nearly 7,000 members
- Expansion of examination cycles to four times annually
- Introduction of remote examination systems
- Upgrades to the institute’s infrastructure and technology
He also noted improvements in financial performance and increased participation, with about 20,000 members attending events virtually. In his acceptance remarks, Alabi described his emergence as part of a continuity of leadership, while signalling a shift toward broader transformation.
- Expanding the institute’s global relevance and influence
- Promoting inclusion, particularly for women and young professionals
- Strengthening the role of bankers in economic development
- Driving professional growth and membership expansion
Alabi also emphasised the need for the institute to move beyond incremental growth toward “geometrical expansion” in impact and performance. The institute reiterated its commitment to supporting financial inclusion and national development, including participation in initiatives aimed at training millions of Nigerians in financial literacy and digital skills. According to outgoing leadership, such programmes are critical to improving access to financial services and boosting economic growth
Alabi’s formal investiture ceremony is expected to take place in May 2026 in Lagos, where he will unveil his detailed strategic agenda for the institute.
