Business Hilights

Tracking Nigeria's Headline Business News Online

Heritage CIBN
Banking/Investments

Heritage Bank’s Training Institute equals CBN’s standard, gets CIBN nod

Chevron
Advertisements
Ad 2
Advertisements
Ad 3
Advertisements

Heritage Bank Plc’s training school popularly referred to as “The Refinery” for new entrant staff has been accredited by the Governing Council of the Chartered Institute of Bankers of Nigeria (CIBN).

The training school supervised by the Bank’s Human Capital Management Group was accredited by CIBN after assessing and evaluating its syllabus, curriculum and structure by panel of technocrats and seasoned bankers set up by the Institute.

CIBN in its assessment averred that Heritage Bank Plc’s training school, aligns with the Competency Framework of the Central Bank of Nigeria (CBN) and the professional paper standard of CIBN.

President of the CIBN, Uche Olowo commended Heritage Bank for changing the narratives of the banking system via the establishment of a credible training facility, The Refinery that prepares trainees who are to be employees for a core professional banking experience.

He applauded Heritage Bank for setting a high standard of learning facility which its structure and curriculum “is next to that of CBN’s training institute,” whilst stressing that the bank’s training school is the best in Nigerian banking industry and at par with international best standard.

Continuing, in his remarks, the Registrar/CEO of CIBN, Seye Awojobi, who represented Olowo, stated that the Institute would be grateful to Heritage Bank for the values it holds tenaciously for changing the narrative of the system not just supports to the Institute’s activities but in terms of human capital development and the nation’s economy.

Responding, the MD/CEO of Heritage Bank, Ifie Sekibo, described Heritage Bank as a forward looking business whose strength lies in the ability to spot and mould talents into great professionals.

Sekibo, represented by the Executive Director, Jude Monye explained that the word “The Refinery” was chosen for the purpose of refining its employees to emerge as gold and harness the required skills to excel in their job functions.

While noting that the Refinery was established to train, nurture and arm young employees with the right skills needed to fast-track development and enable teams to flourish, Sekibo further explained that at the Academy, “we hire young graduates who want to advance their skill levels, which will lead to a direct and indirect improvement of life for their families and communities that will culminate toward more productive, resourceful persons.”

Earlier in his assessment and evaluation of The Refinery in Port Harcourt, Saubana Ogunpola, member , Capacity Building and Certificate (CB&C) committee noted that one aspect of the accreditation is the exemption of successful trainees of the bank’s training programme from nine courses in the CIBN’s professional certification examination.

Business Hilights gathered that about 300 new intakes who are fresh from universities across and outside the country with diverse academic backgrounds and impressive academic records, are currently undergoing rigorous training in an intensive 12-week academic (practical and theoretical) programme with over 30 courses in Port Harcourt.

Industry analysts agree that ‘The Refinery’ is a tailored learning experience Institute with the perfect blend of technologies, techniques and methodologies to optimise training experiences, which will help employees succeed in ensuring that the bank’s business stays ahead of the curve with the banking sector along with Heritage Bank’s target goals.

Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.