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NDIC’s Bello Hassan Appointed Vice Chairperson of IADI-ARC

Published

3 years ago

September 4, 2023

NDIC's Bello Hassan Appointed Vice Chairperson of IADI-ARC

In a momentous development, Mr. Bello Hassan, the Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), has been appointed as the Vice Chairperson of the International Association of Deposit Insurers, African Regional Committee (IADI-ARC).

This prestigious appointment recognizes Mr. Hassan’s outstanding leadership and expertise in the field of deposit insurance. His wealth of experience in financial risk management and regulatory policies has played a pivotal role in enhancing the stability and confidence in the Nigerian banking sector.

As the Vice Chairperson of IADI-ARC, Mr. Bello Hassan will contribute his valuable insights and knowledge to further strengthen deposit insurance systems across the African continent. This appointment not only reflects positively on the NDIC but also showcases Nigeria’s commitment to promoting sound financial practices in the region.

Mr. Hassan’s new role reaffirms his dedication to ensuring the safety and security of depositors’ funds in Nigeria and beyond. It also underlines the NDIC’s continued efforts to foster collaboration and knowledge-sharing among international deposit insurance organizations.

The appointment, according to Bashir Alhassan Nuhu, Director, Communication & Public Affairs, was made at the IADI-ARC Annual General Meeting (AGM) held recently in Dakar, Senegal.

The NDIC congratulates Mr. Bello Hassan on this well-deserved appointment and looks forward to his contributions in advancing the goals of IADI-ARC and the broader mission of deposit insurance in Africa.

The International Association of Deposit Insurers (IADI) was formed in May 2002 as the global standard-setting body for deposit insurance systems and forum for knowledge and experience sharing through international conferences, workshops, attachments and other capacity building programs as well as research and guidance on matters relating to deposit insurance for its members.

In furtherance of its objectives, the Association has core principles, standards and guidelines to enhance effectiveness of the deposit insurance systems in various jurisdictions.