ADVERTISEMENT

Institute conducts first examination for members

Boleigha said the minimum educational qualification for those writing the exam was a graduate degree of either HND or BSc.

During an examination which was conducted for the compliance officers of banks and other financial institutions in Lagos, the President/Chairman, CIN, Pattison Boleigha, said about 130 persons wrote the examination.

He said, “It is a continuation of the programme we started about a week ago, where we had trainings in various aspects of compliance and today, we are capping it up with certification examinations for the award of Designate Compliance Officers.

We are also using this opportunity to grandfather existing compliance professionals.”

ADVERTISEMENT

He said it was considering those who had worked in the compliance field but don’t have either HND or BSc  basic qualifications, as they could still be grandfathered.

The president however noted that at the end of the current process, anyone who did not take advantage of the process will have to write the examination of the institute in future.

“Though this batch is those available to take the examination, we have 20 persons who we will grandfather today out of about 60 persons who applied to do the grandfathering,” he said.

The Chairman said it intends to conduct Diploma and Certificate courses on Customer Due Diligence, which would be targeted at the market facing and Customer Service staff of financial institutions, because these are the set of personnel who have direct contact with customers.

ADVERTISEMENT

While disclosing that the Institute has plans of getting a Charter, he said there will be subsequent programmes to give certification as an Associate and Fellow of the institute.

Director of Membership, Mrs. Oluyemisi Olukoya, said, the Compliance Institute for Banks and Other Financial Institutions in Nigeria was set up by the Committee of Chief Compliance Officers of Banks in Nigeria, basically to set the right tone for compliance in the country.

“Compliance should be part of an organisation which is what we are trying to entrench, to guide them in the daily work in the offices, to ensure they are doing the proper things in their organisations,” she said.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Lagos postpones eagerly anticipated Easter boat regatta indefinitely

Lagos postpones eagerly anticipated Easter boat regatta indefinitely

Third Mainland Bridge reopens in 1 week, formal ceremony later - Minister

Third Mainland Bridge reopens in 1 week, formal ceremony later - Minister

Sanwo-Olu opens 'Sunday market' on Good Friday for Easter shopping

Sanwo-Olu opens 'Sunday market' on Good Friday for Easter shopping

Wike thanks Tinubu for the opportunity to serve

Wike thanks Tinubu for the opportunity to serve

Barrister Bida pens special birthday prayer for President Tinubu, Nigerians

Barrister Bida pens special birthday prayer for President Tinubu, Nigerians

Tinubu’s aide distributes food items to 1,750 persons in FCT, Kwara

Tinubu’s aide distributes food items to 1,750 persons in FCT, Kwara

Court grants senator accused of forging NYSC certificate ₦50m bail

Court grants senator accused of forging NYSC certificate ₦50m bail

BREAKING: Delta monarch declared wanted by military surrenders to police

BREAKING: Delta monarch declared wanted by military surrenders to police

Renowned Canada-based Nigerian playwright, Oguntokun is dead

Renowned Canada-based Nigerian playwright, Oguntokun is dead

Pulse Sports

Nigeria vs Mali: Has Finidi George done enough to land Super Eagles job permanently?

Nigeria vs Mali: Has Finidi George done enough to land Super Eagles job permanently?

I want to emulate Keshi and win the AFCON - Finidi George shares ambitious Super Eagles dream

I want to emulate Keshi and win the AFCON - Finidi George shares ambitious Super Eagles dream

Michelle Alozie: I had to do it because of African referees

Michelle Alozie: I had to do it because of African referees

AC Milan star reveals he was named after Super Eagles legend Tijani Babangida

AC Milan star reveals he was named after Super Eagles legend Tijani Babangida

Give him the job! Super Eagles fans beg NFF to make Finidi George permanent coach after Nigeria's win over Ghana

Give him the job! Super Eagles fans beg NFF to make Finidi George permanent coach after Nigeria's win over Ghana

Super Eagles 2-1 Black Stars: Nigerians praise Iwobi, Lookman, Finidi George after friendly victory against Ghana

Super Eagles 2-1 Black Stars: Nigerians praise Iwobi, Lookman, Finidi George after friendly victory against Ghana

ADVERTISEMENT
ADVERTISEMENT