The Nigerian Deposit Insurance Corporation (NDIC) has urged the Institute of Chartered Accountants of Nigeria (ICAN) to incorporate Deposit Insurance System (DIS) courses in its academic curriculum to enhance the knowledge of Insurance for students.
Managing Director of the NDIC, Hassan Bello, made the call during a courtesy visit by the Governing Council of the professional body, led by its President, Innocent Iweka Okwosa, in Abuja.
The NDIC boss noted that incorporating DIS courses into the ICAN training programmes would enhance its understanding within the banking sector and among professional accountants.
He added that the knowledge would also address the misconceptions about the benefits and limitations of the deposit insurance system.
Hassan stressed the significance of public awareness in maximizing the impact and reach of the deposit insurance system throughout the general public and the financial sector as a whole.
He said, ‘‘Given the novel nature of the scheme in Nigeria and globally, collaboration with ICAN and other stakeholders had become imperative to strengthen the effectiveness of the Corporation’s operations to implement its mandate.”
In response, Innocent Iweka Okwosa lauded the NDIC boss for the exemplary leadership and professionalism instilled in the operations of the NDIC, saying, ‘‘The collaboration with NDIC, holds the promise of strengthening knowledge base among accountants and financial professionals while fostering the growth and stability of Nigeria’s financial sector.”
