African deposit insurers’ workshop begins tomorrow

The supervising Minister of Finance, Zainab Ahmed will declare open the workshop of the International Association of Deposit Insurers (IADI) Africa Regional Committee (ARC) Annual General Meeting on Tuesday.
According to a statement by Mohammed Kudu Ibrahim, Head, Communications and Public Affairs, NDIC, Deposit Insurance Corporation (NDIC), the event will provide a forum for information and experience sharing among Deposit Insurance practitioners from multiple jurisdictions to evolve strategies for addressing the potential risks of financial crisis in the global financial system.
Apart from providing an effective platform for collaboration in the areas of experience sharing, IADI also enhances the capacity of member agencies through educational programmes, targeted research and guidance on matters relating to Deposit Insurance System among its members.
The Secretary-General of IADI, Mr.
David Walker will be in attendance, along with the Executive committee members of the IADI African Regional Committee and representatives of West African Monetary Union Deposit Insurance Fund.
Participants and resource persons from all across the African continent and beyond have confirmed their participation in the Workshop.
It will be recalled that the Managing Director of the Corporation, Umaru Ibrahim, was also elected into the IADI Executive Council in 2013 and 2016.
The Scheduled to hold from 25th – 27th September, 2018, the workshop will centre on Financial Stability and System-Wide Crisis Preparedness.
The NDIC is a founding member of IADI