2012-09-10 | FPR/DIR/CIR/GEN/01/029

Assessment of Competencies in the Nigerian Banking

The Central Bank of Nigeria (CBN) has issued a directive to all Deposit Money Banks regarding the assessment of competencies in the Nigerian banking industry. This follows an earlier exposure draft on a competency framework for the sector, where observations were noted and incorporated. Banks have been directed to submit details on staff manning controlled functions listed in Appendix B, along with their academic qualifications, years of experience, other relevant competencies, and any identified skill gaps. This data will aid the Bankers' Committee in identifying potential issues that may impede the effective implementation of the competency framework. Responses are to be submitted by September 14, 2012.

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governance
operational