About us

The Bank Directors Association of Nigeria (BDAN) was inaugurated at the 13th Annual Bank Directors Seminar held in Abuja in June 1997. A fifteen man Governing Council headed by Major General G.O. EjigaRtd was constituted.

Constant update of knowledge and the competence of Bank Directors, aimed at promoting honorable practice within the Banking Industry in Nigeria were identified as a major need. The Financial Institution Training Centre (FITC), using its vantage position in the industry, supported by both the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC), was instrumental to the setting up of the Bank Directors Association of Nigeria.

To promote sustainable banking best practices within banks and financial institutions in Nigeria, and collaborate with regulatory agencies and other stakeholders to ensure the public interest.

To be an effective forum for representing the interests of Bank Directors in Nigeria.

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Objectives

The Association is a non-profit making organisation, limited by guarantee, with the following objectives:

  • To act as an organ of communication for and to represent members and their various banks in all or any of their government, ministries, departments, agents, local/public authorities and trade Association, to afford facilities for conferring with and making known the views of the members of the Association in regard to actual or proposed legislation or any other matter directly or indirectly affecting their interest.
  • To formulate and monitor the ethics of Bank Directors in the banking industry, from time to time, aimed towards enhancing efficiency and accountability.
  • To enlighten and educate its members with regard to their legal, moral and general rights and responsibilities with respect to their banks, organisations and society as a whole.
  • To provide an active forum and effective voice for its members in public affairs.
  • To improve the competence and knowledge of its members and promote honourable practice by members within the Banking Industry.
  • To take a continuing and effective interest in legislature in order to ensure as far as possible that basic commercial freedoms and rights are preserved, to ensure a climate conducive towards strong economic growth in Nigeria.
  • To advance the competence and knowledge of its members by organizing, arranging and sponsoring meetings, conferences, seminars, lectures, courses of study aimed towards the development of the business of Banking in Nigeria.

Member Facilities Asa BDAN Member

The Bank Directors Association of Nigeria is the only Association that focuses exclusively on the issues, challenges, threats, and opportunities facing bank and savings institution directors.

BDAN serves the advocacy needs of its members by representing bank directors in all or any of their relationship with government ministries, departments, agents, local/public authorities and trade Association, to afford facilities for conferring with and making known the views of the members of the Association in regard to actual or proposed legislation or any other matter directly or indirectly affecting their interest.

BDANenlightens and educate its members with regard to their legal, moral and general rights and responsibilities with respect to their banks, organisations and society as a whole.

To formulate and monitor the ethics of Bank Directors in the banking industry, from time to time, aimed towards enhancing efficiency and accountability.

BDAN improves the competence and knowledge of its members and promote honourable practice by members within the Banking Industry.

BDAN conducts a variety of studies and produces reports on subjects that have a bearing on the duties and responsibilities of bank directors and the personal liability risks they face.  These studies and reports are made available to BDAN Members for no charge.

The BDAN membership list is not for sale or distribution.  Member questions and information requests and responses to those requests are confidential.

BDAN serves the needs of individual directors.  Typically, the entire Board joins – at no cost to individual directors.

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