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NDIC MD becomes Vice Chair International Deposit insurers

The appointment was made at the IADI-ARC Annual General Meeting (AGM) held recently in Dakar, Senegal

The International Association of Deposit Insurers, African Regional Committee (IADI-ARC) has appointed the Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan, as its Vice Chairperson.

IADI was formed in May 2002 as the global standard-setting body for deposit insurance systems.

A forum for knowledge and experience sharing through international conferences, workshops, attachments, and other capacity-building programmes, as well as research and guidance on matters relating to deposit insurance for its members.

Bello was earlier elected into the IADI Executive Council (EXCO) in October last year during the IADI’s Annual General Meeting (AGM) held in Buenos Aires, Argentina.

The IADI-ARC leadership explained that the appointment of Bello into the Association’s EXCO by its General Assembly and their collective resolve in appointing him as the IADI-ARC Vice-Chairperson were in recognition of his outstanding contributions and leadership role in deepening insurance practises in Africa and the globe in general. 

Writing by Biodun Dare; editing by Chinasa Ossai and Julian Osamoto