Dr. Yaw Osei Adutwum, the esteemed Minister of Education, passionately called on the banking sector to augment government initiatives to overhaul Ghana’s education system, ensuring national progress.
Addressing a distinguished audience during the 60th-anniversary celebration of the Chartered Institute of Bankers (CIB) in Accra, Dr. Adutwum emphasized the potential of harnessing corporate social responsibility (CSR) initiatives from banks to usher in 21st-century educational methodologies and facilities.
“With the commendable endeavours of various banks in school construction over the decades, the present beckons for amplified CSR efforts as we envision our educational trajectory in sync with 21st-century demands,” he emphasized.
The celebratory event, themed “Redefining Professionalism in Banking through Ethics,” sought to retrospect CIB’s monumental contribution to Ghana’s banking evolution, as reported by Graphic Online.
The gathering also heralded the introduction of the Chartered Banker for Excellence Leadership (CBEL), a progressive initiative focused on capacity-building.
Among the luminaries present were the Governor of the Bank of Ghana, Dr. Ernest Addison; the illustrious former Minister of Finance, Kwabena Duffuor; the CEO of the Ghana Association of Bankers, John Awuah; CIB’s stalwart CEO, Robert Dzato, and its President, Benjamin Amenumey.
Highlighting the essence of holistic education, Dr. Adutwum underscored the importance of emphasizing science, technology, engineering, and mathematics. He elaborated, “Such foundations cultivate transformational leaders, propelling our nation’s growth and reinforcing our industrial ambitions.”
Commending the CIB for its relentless efforts towards fostering professionalism, Dr. Addison shed light on the banking sector’s recent tumultuous phase. He revealed that 2022 saw the industry incur losses of GH¢8 billion, contrasting sharply with the GH¢7.4 billion profit in 2021.
Despite this setback, promising data from 2023’s first half showcased recovery and resilience within the sector, credited partly to industry stakeholders’ consensus and proactive regulatory measures.
Reminiscing over CIB’s illustrious journey, its President, Mr. Amenumey, acknowledged the pivotal roles of its founders, past leaders, council members, and dedicated staff. “As we reverently reminisce on our institute’s indelible milestones, it’s imperative to laud the relentless dedication of everyone who has steered CIB to its present glory,” Mr Amenumey remarked.
He also expressing hopes for CIB to crystallise its vision of becoming Africa’s premier institute for professional banking education.
Dr. Adutwum’s clarion call signals an era of collaborative transformation, accentuating the symbiotic relationship between the banking sector’s growth and a nation’s educational advancement.
Source: Graphic Online
