–Pix above: Mr. Bello Hasan, MD/CEO, NDIC
SHARE THIS
Among the nation’s 360 departments and agencies of government breaking new grounds in service delivery to the applause of the citizenry, the Nigeria Deposit Insurance Corporation (NDIC), indeed, stands out.
–NDIC plaza, Abuja
This much was revealed by its Managing Director/ Chief Executive, Mr. Bello Hassan, while giving the journey so far since he took over the mantle of leadership at the foremost agency of government, at the 2023 Business Editors and Finance Correspondents Association of Nigeria (FICAN)’s workshop, on Wednesday, November 29, in Owerri, capital of Imo State.
Hassan began: “In complementing the consumer protection efforts of the CBN, we have enhanced public awareness on the benefits and limitations of the deposit insurance system and financial literacy, to reduce the rate at which small depositors are being defrauded, thereby enhancing confidence in the banking system;
“We have invigorated our liquidation activities, and greatly increased debt recovery rate leading to declaration of 100 per cent liquidation dividends to depositors of over 20 deposit money banks in-liquidation; and we have also improved our systems, processes and procedures to promote transparency and accountability in our operations, amongst other humble achievements.
The NDIC CEO said that, based on this, “it is therefore a welcome development to us that the Corporation has been identified for various special recognitions and awards amongst the comity of Ministries, Departments and Agencies (MDAs) by credible bodies and institutions, some of which I would like to highlight as follows:
“i. Year 2021 and 2023 Overall Best Public Institution among 360 MDAs in the Independent Corrupt Practices and Other Related Offences Commission (ICPC)’s Ethics and Integrity Compliance Scorecard (EICS);
“ii. First Position in the 2021 Transparency & Integrity Index, a public sector assessment by the Center for Fiscal Transparency & Integrity Watch (CeFTIW), a non-governmental and non-partisan organization established in 2016 and supported by the MacArthur Foundation with the aim of promoting accountability and transparency within the public sector;
“iii. Platinum Award in 2022 by the Bureau of Public Service Reform
(BPSR) after the deployment of its Self-Assessment Tool (SAT) to Federal public institutions to assess the broad areas of governance, financial management, strategic planning, operational leadership, procurement management, etc;
“iv. Attainment of three ISO Certifications in 2023, through MSECB, a leading international provider of Audit and Certification Services, namely: Information Security Management System ISO/IEC 27001:2013, IT Service Management System ISO/IEC 20000-1:2011, and Business Continuity Management System, ISO 22301;
“v. 2023 Best Performing Ministerial Servicom Unit (MSU) in the Team “C” Category for Ministries, Departments and Agencies (MDAs) by the SERVICOM Office of the Presidency;
“vi. 2022 Best Contributing Employer in Human Resources Development by the Industrial Training Fund (ITF);
“vii. Election of the Managing Director/Chief Executive of the Corporation into the Executive Council (EXCO) of the International Association of Deposit Insurers (IADI) in October 2022; and
“viii. Election of the Managing Director/Chief Executive of the Corporation as the Vice-Chairperson of the IADI-Africa Regional Committee in
September 2023, among others./SHARE THIS
–Tags: NDIC, Mr. Bello Hassan, Business Editors and FICAN workshop 2023
