NAMB seeks inclusion into Bankers' Committee meeting

NAMB seeks inclusion into Bankers’ Committee meeting

ABUJA – The National Association of Micro Finance Banks (NAMB) on Wednesday urged the Central Bank of Nigeria (CBN) to include members of the association in the Bankers Committee Meeting.

This is contained in a statement signed by the Public Relations Officer of the association, Mr Mohmed Abdulrahman, in Abuja.

The statement stated that the immediate past president of the association, Mr Jethro Akun, made the appeal during the association’s fourth Annual General Meeting in Lagos.

It quoted Akun as saying, “the inclusion of the association as a member of the bankers committee will provide synergy and bring understanding between Microfinance Banks (MFBs) and their correspondence banks.

“CBN should also continue subsidising the Microfinance Certification Programme (MCP) for the next two years.

“MFBs should also be allowed to purchase treasury bills directly from the CBN to help them function better,” he said.

According to the statement, the president-elect, Mr Valentine Whensu, during the Federal Executive Council meeting pledged commitment of the officials to the progress of NAMB.

“In articulating a vision for NAMB as a whole, I will focus on four areas using the four pillars of advocacy, capacity building, networking and self-regulation upon which NAMB has a strong base to build.

“The NAMB must strive to be a family that achieves leadership in opportunity, impact, responsibility and vitality.

“Our members should feel surrounded by leaders and colleagues who are committed, enthusiastic and among the best in their respective role.

“I enjoin my colleagues to work as a team in order to take the association into the brighter future where members will have value.’’

Also, Mr Olufemi Fabanwo, CBN Director, called on the newly elected officers of the association to create the needed awareness for the smooth operations of MFBs. (NAN)

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