The Nigerian Deposit Insurance Corporation (NDIC) has called on the Institute of Chartered Accountants of Nigeria (ICAN) to include Deposit Insurance System (DIS) courses in its academic curriculum. The aim is to enhance students’ knowledge of insurance and its application in the banking sector.
Hassan Bello, the Managing Director of NDIC, made this appeal during a courtesy visit by the Governing Council of ICAN, led by its President, Innocent Iweka Okwosa, in Abuja.
Highlighting the importance of incorporating DIS courses into ICAN’s training programs, Hassan Bello emphasized that it would promote a deeper understanding of the deposit insurance system among professional accountants and within the banking industry at large. Furthermore, he stated that this knowledge would help dispel any misconceptions regarding the benefits and limitations of the system.
Hassan Bello also emphasized the significance of raising public awareness to ensure the deposit insurance system’s widespread effectiveness and impact. He acknowledged the need for collaboration with ICAN and other stakeholders to enhance the corporation’s operations and effectively execute its mandate.
In response, Innocent Iweka Okwosa commended Hassan Bello for his exemplary leadership and professionalism in the operations of NDIC. He expressed optimism about the collaboration between ICAN and NDIC, as it promises to strengthen the knowledge base of accountants and financial professionals while promoting the growth and stability of Nigeria’s financial sector.
