The Bank Directors Association of Nigeria (BDAN) at its Annual General Meeting (AGM) noted that it grew its income by 29.7 per cent for 2022 compared to the previous year.
The association held its 26th AGM virtually over the weekend after it successfully concluded its annual summit in Abuja.
The Association under the leadership of Mr. Mustafa Chike-Obi presented its 2022 financial statement, which ended on the 31 of December 2022.
The statement saw the total income performance of the association increasing by 29.7 per cent year-on-year in comparison with 2021 activities, and a surplus income of N11.35m was contributed to the accumulated fund.
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Chike-Obi further 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.
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.
Ms. Orenuga specifically noted ongoing advocacy efforts regarding the NDIC/AMCON report published in collaboration with Proshare. 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.
