You Can't Be Employed Until You Become A Member

From today, bankers who are not a registered member of the Chartered Institute of Bankers of Nigeria will have to face the full wrath of the institute. This is because the Council of the Institute will from today commence the full enforcement of the CIBN Act.

The act, which was signed into law in May 2007 by former President Olusegun Obasanjo mandated the CIBN to ensure that all bank workers are registered members of the institute. It also forbids non- members of the institute to head any technical department of a bank in Nigeria.

Specifically Section 2 (7) of the Act states “No person shall be entitled to be employed, appointed or engaged to head any of the technical departments of banks unless he is duly registered as a member of the institute.”

The President and Chairman of Council of the Institute, Mr. Erastus Akingbola, said that it will no longer be business as usual for the nation’s banks as the institute had resolved to rid the industry of quacks. Akingbola vowed that any banker who is not registered with the institute from May 4 would face the full wrath of the institute.

http://www.punchng.com/Articl.aspx?theartic=Art20090504031095
 
CIBN has implemented their act today 4th may '09.  You will have to b a member before you can be employed, or appointed to head a technical department in any bank in Nigeria.

If you ask me I think it's tougher times for the unemployed, knowing that the banking industry is one of the largest employer of labour. For Some of us, it time to back to study.  I would like to know what bankers, the prospective  bankers and the unemployed think abt this implementation.

I will agree that there is need to control who heads what and who is in control of what, however, in a nation where anyone could get anything as long as they have what it takes, but at least it is a movt in the right direction.
But if they wanna make sure to be a receptionist in a bank, you must be a member of the CIBN, then, they sick.
And to head the IT dept, i will hope they wont be asking u to be a member of the CIBN.

na by force to work for bank?

tkb417:

na by force to work for bank?

It is not by force, but if they are the one that are hiring, then, it become important.

This is going to be tough. Does this affect their contract staff, and Industrial Attachment students?

yicob:

This is going to be though. Does this affect their contract staff, and Industrial Attachment students?

i will assume everyone will be affected

This will be very hard to implement.

Fhemmmy:

i will assume everyone will be affected

that is what i thot too, and now i am sure the bad guys will start manufacturing the CIBN certificate.

Fhemmmy:

i will assume everyone will be affected

Haba! Including IT, NYSC and Security?

server34:

Haba! Including IT, NYSC and Security?

They might wanna create a CIBN certificate Security UNit.

It's no more enough to graduate 4rm Uni. 2 get employed. U hav to belong to one form of association to b taken seriously. But how wld u know what body to join when u are not in d system yet. It is this confusion that makes people take so many different certifications. I hav a friend who has ORACLE, JAVA, PROJECT MANAGEMENT, CISA, ICAN, MCA. Many of his certifications are irrelevant in his current job in an insurance company. I am currently serving (NYSC) and just need a job 4 just 2 yrs to raise money and build contacts, so 4rm there start my biz. Nt intrested in irrelevant certifications. But with this implementation and global financial meltdown, it seems i hav to belong 2 a body 2 b considered 4 employment. When will rat race end. After this u cld nt b promoted because u no do Msc. or Mba. Abeg, Enterprenureship can be a better substitute to success. It is well.

Eran oba ti fe bere sir n je isu oba. Na them sabi.

What happens if u're a member and working in a non-banking field as a result of not been able to secure a bank job?

Would it be fair to say registered member should also not be allowed to work in a non-banking sector?,
It is only in Nigeria people make laws without considering the other side of the coin.

i saw this coming, ! now the lawlessness begins, every organisation is craving for a niche , to be known, to be heard, to take control, bull sh, t

blah blah blah!

omonua85:

It's no more enough to graduate 4rm Uni. 2 get employed. U hav to belong to one form of association to b taken seriously. But how wld u know what body to join when u are not in d system yet. It is this confusion that makes people take so many different certifications. I hav a friend who has ORACLE, JAVA, PROJECT MANAGEMENT, CISA, ICAN, MCA. Many of his certifications are irrelevant in his current job in an insurance company. I am currently serving (NYSC) and just need a job 4 just 2 yrs  to raise money and build contacts, so 4rm there start my biz. Nt intrested in irrelevant certifications. But with this implementation and global financial meltdown, it seems i hav to belong 2 a body 2 b considered 4 employment. When will rat race end. After this u cld nt b promoted because u no do Msc. or Mba. Abeg, Enterprenureship can be a better substitute to success. It is well.

The story of my life

Hmmmmmmmm. . . .
Darsh Naaaaaaice. . .

another stupid legacy from OBJ.

dont even know what to say.

get it right,u must be a chartered banker to head any technical department,not to be employed.anyway sha .GOD DEY.

It is about time, 
I hope they would not end up regretting this initiative and I trust my fellow Nigerians, the "structural adjustment" thing will come into play again. I can see many graduates rushing to obtain form.
PLEASE NOTE: "The act, mandated the CIBN to ensure that all bank workers are registered members of the institute. It also forbids non- members of the institute to head any technical department of a bank in Nigeria."
GOD BLESS THE GOOD PEOPLE OF NIGERIA 

so if person no be member of CIBN, im na ''quack''. na wa o. so after school, person must do CIBN if im dream na to work for bank, RIDICULOUS. They dont wanna spend money to train their staff, economic meltdown, more like a strategic move by the banks

This is coming too late for our economy and banking industry. I dont think( I stand 2 b corrected) 50% of Naija banks' CEOS are QUALIFIED members of CIBN.

ARE GRADUATES WORRIED
You just have to register with CIBN before you can seek employment in any bank.This does not mean you must have finished all the stages of the institute's examination.
The implication is that, only those who have passed all the papers up to FINAL STAGE would be promoted.

More money for CIBN, _subscription

@Poster

What about IT people that are working the bank, will they have to be CIBN members?

I think the act should only be applied to some department.

Even in employing cleaners? God have mercy!

ashaby:

Even in employing cleaners? God have mercy!

CIBN Membership only welcome graduate

It means that a cleaner must be minimum BSc in cleaning technology before applying for CIBN membership then before employment in the bank.

its normal, its happening in every sector. the melt down has started digging hole in pple's pockets and they are employing every means to make money. the institute just wants money. all they want is for every bank (non-certified) staff to come and get registered which involves money, and start paying membership dues, its not neccesary if you dnt pass the exams in 200years, as lond as you keep paying your annual subscription and remain a member.

a couple of guys came to my office today, said they are from ASHON. (association of stock broking houses of nigeria) never heard of that though. and they want us to come registered with 250,000 or else,

things wey financial crisis dey cause. God help us.

We'll all troop there and become student members, Bunch of my pals are killing themselves doing ICAN even when they CANT!
How many of us want to become CEOs and EDs sef?? I'm retiring early.