The Managing Director/ Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has called on the Institute of Chartered Accountants of Nigeria (ICAN) to include courses on the deposit insurance system (DIS) in its training modules to deepen understanding of the scheme among finance professionals.
The NDIC boss made the call during a courtesy call on the Corporation by the Council members of ICAN, led by the President of the Institute, Comfort Eyitayo.
According to a statement signed by the Director, Communication and Public Affairs Department, Bashir Nuhu, Hassan said this would help to bridge the knowledge gap and address misconceptions on the benefits and limitations of the DIS, particularly its contributions to the financial system stability.
Hassan noted that public awareness was a critical factor in ensuring the maximum impact and penetration of the benefits of the deposit insurance system on the general public and the financial system. He said that partnership with ICAN and other stakeholders to promote public awareness of the DIS became necessary given the new nature of the scheme, adding that the Corporation would continue to place a premium on collaboration with its strategic stakeholders in the discharge of its mandate.
In her remarks, Eyitayo acknowledged the invaluable contributions of NDIC in stabilising the financial system.
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