Our background
FITC was established in 1981 in response to the recommendations of the Pius Okigbo Committee set-up by the Federal Government of Nigeria to review the Nigerian financial system. The Centre was incorporated under the Company's Act of 1968 as a non-profit organisation limited by guarantee. It is owned by Banker's Committee, which comprises the Central Bank of Nigeria, the Nigeria Deposit Insurance Corporation, all licensed banks and discount houses in Nigeria.
Our objectives
The main objectives of the Centre are:
To provide human capital development and advisory services to discerning clients, with special attention to institutions in the financial services sector
To protect, promote and advance the knowledge and practice of banking and finance by organising seminars, lectures, workshops, etc
To protect, promote and advance the knowledge and practice of good corporate governance in all sectors of the Nigerian economy
To initiate, support and advise on legislations or other measures affecting the aforesaid interests
To explore opportunities for mutual co-operation with reputable institutions committed to similar objectives
To print and publish any newsletters, periodicals, bulletins, books or leaflets that it may consider desirable for the promotion of its objects
To do all such things that are incidental or conducive to the attainment of the above objectives
In line with its mandate, the Center regularly: Designs and delivers training programmes in areas of general management,leadership development,banking and finance. Such training programmes are ususally by FITC in collaboration with subject matter experts across industries or training organisations abroad.Total number of participants to various training programmes delivered by FITC and related collaborative programmes as at December 31, 2008 is 36,703. The trend by year over the last 5 years is as indicated in the table below
Provides consulting support to its giving number of clients through the FITC consulting business unit.Major areas of Consulting support include organisation design,executive selection,test administration,organisation and staff assessments,leadership development etc
Provides research and benchmarking services support through the FITC Research business unit,which also co-ordinates other knowledge management services such as library services and publications.
FITC is generally committed to a culture of excellence,as it strives to enhance standards in pursuit of its mandate and objects.
FITC Training designs and dlivers open courses,customised inplant courses and workshops in collaboration with both local internatios subject matter experts within and outside Nigeria.
FITC Consulting has over the years, built up a very reputable list of clients in the financial services and other sectors, by providing consulting support in areas related to strategy,people, systems platform definition, deployment and upgrade.
FITC Research conducts researches aimed at improving the financial services sector, thereby finding solutions to some of the sectors issues, as they evolve. It also support FITCwith internal quality assesment, runs the rich Puis Okigbo library, and publishes books/journals in collaboration with various institutions and subject matter experts.