Bank Directors’ Association Reports 29.7% Growth in 2022, Pushes for Advocacy Agenda

Nume Ekeghe

Bank Directors Association of Nigeria (BDAN) has said the association grew its income by 29.7 per cent for 2022 compared to the previous year.

BDAN in a statement noted that it held its 26th Annual General Meeting virtually over the weekend after it successfully concluded its annual summit in Abuja.

It stated: “The Association under the leadership of Mr. Mustafa Chike-Obi presented its 2022 financial statement which ended on the 31of December 2022. The total income performance of the Association increased by 29.7 per cent year-on-year in comparison with 2021 activities, a surplus income of N11.35milion was contributed to the accumulated fund.”

Chike-Obi reiterated the association’s commitment to advancing its advocacy agenda for the benefit of member banks.

He emphasised the importance of BDAN’s role in representing the interests of bank directors and ensuring the sustainable development of the Nigerian banking sector.

He stated:  “The success of the recently held Summit and reiterated the intention of the Association to push further on its advocacy agenda to the benefit of the member banks.”

Echoing Mr. Chike-Obi’s sentiments, the Association’s Executive Secretary/Chief Executive, Adebukola Orenuga, elaborated on the progress made during the year. She highlighted the Association’s strategic efforts based on three pillars: Advocacy, Capacity Building, and Research & Development.

She affirmed the Association’s dedication to actively engaging with stakeholders and pursuing its mandate of effectively representing the interests of bank directors in Nigeria.

Orenuga stated: “The Efforts made during the year are based on the three strategy pillars of the Association, that is, Advocacy, Capacity building, and Research and development.”