The Nigerian Deposit Insurance Corporation, was the hub of master strokes during the tenure of the outgoing MD/CEO Umaru Ibrahim. This earned him reverberating accolades from various stakeholders during a special valedictory luncheon organised by the Alumni Association of the National Institute (AANI) in Abuja.
The former permanent secretary, Ministry of Finance, Dr. Mahmoud Isa-Dutse, said under Ibrahim, who’s tenure expires by the end of December, the NDIC became the best parastatal in the country. His friends, colleagues and well wishers acknowledged his achievements which include overseeing the Corporation’s critical failure resolution interventions in the banking sector that saved thousands of depositors from the loss of their funds and also navigating the Corporation’s growth to take its prestigious position on the international scene as the chair of the African Regional Committee of the International Association of Deposit Insurers (IADI).
Dr. Isa-Dutse, while voicing the outstanding standards of NDIC, pointed to the stability of the financial system, its compliance to corporate governance and excellence in service delivery as opposed to other agencies that were constantly grappling with numerous internal disputes and challenges.The AANI National President, former Inspector General of Police, M D Abubarkar, said Ibrahim leadership qualities has translated to significant contributions to the nation’s development and that was why the association singled him out for recognition in the last ten years as the MD/CE of NDIC. He served the Corporation for 31 years.
The AANI monitor general, SEC 23 Engr Mohammed Gambo Umar, who spoke on behalf of Ibrahim’s former course mates from SEC23/2001 of the Natinal Institute of Policy and Strategic Studies (NIPSS) described him as a “guru” during his time at the institute.
The lecture for the day was taken by the Director of Studies of the National Institute of Policy and Strategic Studies, Prof Ibrahim Lawal Bashir, on the Environmental and Socio-Economic Implication of the Depletion of the Lake Chad Basin. While recognising the outgoing NDIC boss as an example for others to follow, he said that patriotic leadership and strategic development plans will address the challenges of poverty and conflict affecting the region.
Responding, Ibrahim expressed appreciation to all and the honour from AANI. He profusely thanked God for the successes recognised during his career at NDIC, the support from staff and management and the entire board. He said he will be going away with good memories of camaraderie, friendship and love and he will be committed always to the tenets of dedication, discipline, hard work, and excellence in service to the community and the nation at large.