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El Samuels: MBN360
Ghana’s banking sector is set to undergo a significant transformation, with the Chartered Institute of Bankers (CIB) announcing that only chartered bankers will be eligible to manage bank branches by 2030. This move aims to promote high ethical standards, professionalism, and sustainable banking practices.
The CIB’s CEO, Robert Dzato, revealed this at the 29th National Banking and Ethics Conference, emphasizing the need for trusted bankers who combine character, competence, and integrity. To achieve this, the CIB has introduced mandatory programs, including Ethics 2.0 and Non-Interest Banking Certification, and made the ACIB qualification compulsory for banking professionals.
This shift is expected to enhance credibility and professionalism in the sector, with many industry players welcoming the decision. The CIB’s goal is to re-professionalize the industry, ensuring trust, ethics, and sustainability remain central to banking operations.