During its Annual General Meeting (AGM), the Bank Directors Association of Nigeria (BDAN) reported that its income for 2022 increased by 29.7% over the previous year.
The association successfully ended its annual summit in Abuja over the weekend, and it then convened its 26th annual general meeting remotely.
“The Association, led by Mustafa Chike-Obi, released its financial account for the year 2022, which concluded on December 31, 2022. In comparison with 2021 activities, the association’s overall income performance grew by 29.7% year over year, and N11.35 million in excess money went towards building the fund,” according to a statement from BDAN.
According to reports, Chike-Obi reiterated the association’s dedication to pursuing its advocacy agenda on behalf of member institutions.
He underlined how crucial it is for BDAN to stand out for bank directors’ interests and make sure the Nigerian banking industry develops sustainably.
Adebukola Orenuga, the Association’s Executive Secretary/Chief Executive, provided a detailed overview of the year’s accomplishments and highlighted the organization’s strategic initiatives, which are centered around three pillars: research and development, capacity building, and advocacy.
Orenuga reiterated the association’s commitment to achieving its goal of successfully promoting bank directors’ interests and actively interacting with stakeholders.
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