- FITC will launch its new Sustainability & ESG Institute during an inaugural summit on July 31, 2024.
- The summit will feature prominent speakers, including Philip Ikeazor, deputy governor of the Central Bank of Nigeria, and Chizor Malize, MD/CEO of FITC.
- Attendees will explore global ESG trends, practical implementation strategies, and innovative approaches to sustainability in Africa’s financial sector.
The Financial Institutions Training Centre (FITC) will launch a new Sustainability & ESG Institute on July 31, 2024, during an inaugural summit focusing on sustainability and ESG issues.
FITC stated that the summit will bring together industry leaders, policymakers, and stakeholders to explore the future of sustainability in Africa’s financial sector. ESG stands for Environmental, Social, and Governance.
This initiative aligns with global sustainability standards and supports the Central Bank of Nigeria’s (CBN) sustainability goals. The FITC Sustainability & ESG Institute follows the Nigerian Bankers Committee’s 2012 launch of the Nigerian Sustainability Banking Principles (NSBP), marking a significant step toward integrating Nigeria’s financial sector with global sustainability benchmarks.
Attendees will gain insights into global ESG trends, practical implementation strategies, and innovative approaches to achieving sustainability goals. They will also learn about business practices and regulatory compliance.
Philip Ikeazor, deputy governor of the Financial Service Sector at the Central Bank of Nigeria and chairman of the FITC Board, will be prominently featured. Other key speakers include Chizor Malize, MD/CEO of FITC; Professor Wayne Dunn, Founder and President of the CSR|ESG Institute; Andrey Bogdanov, CEO of Risk Insights and World Economic Forum Board Member; Oluwasoromidayo George, Corporate Affairs and Sustainability Director at Coca-Cola HBC; and Dr. Ndidi Nnoli Edozien, Board Member of the International Sustainability Standards Board.
The summit will also feature a panel discussion with Professor Fabian Ajogwu, Senior Partner at Kenna Partners; Ejiro Gray, Executive Director of Governance and Sustainability at Sahara Group; Omobolanle Victor-Laniyan, Head of Sustainability at Access Bank Plc; and Olufemi Shobanjo, CEO of NGX Regulation Ltd.
FITC’s new initiative reflects its dedication to global impact and local relevance. It supports the CBN’s goals and addresses critical sustainability challenges the regulator identified. The FITC Sustainability & ESG Institute aligns with international ESG trends and showcases FITC’s commitment to these standards.
The event will provide a platform for exchanging ideas and strategies on sustainability. Attendees will benefit from discussions on global ESG trends and how to implement these strategies locally. The summit will serve as a significant event for stakeholders in the financial sector, offering valuable insights and practical knowledge.
The launch of the FITC Sustainability & ESG Institute represents a step forward in Nigeria’s sustainability journey. It demonstrates a commitment to global standards and local relevance. The summit fosters dialogue and collaboration among industry leaders, policymakers, and stakeholders.
In conclusion, FITC’s new institute and the inaugural summit will be pivotal in advancing sustainability and ESG in Nigeria’s financial sector. They offer a platform for learning, collaboration, and aligning with global standards. The event on July 31, 2024, promises to mark an essential milestone in Nigeria’s sustainability journey.