Encomiums as Bolarinwa hands over ACAMB leadership to Jide Sipe-led Exco

(L-R) The new meets the former: Newly sworn in ACAMB President, Jide Sipe in warm embrace with his predecessor, Rasheed Bolarinwa shortly after the AGM/Election at the Bankers House on Thursday

 

The Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) on Thursday held it’s Annual General Meeting (AGM) and election marking the end of the two-term administration of the Rasheed Bolarinwa-led Executive Committee which assumed office originally in 2022 and was reelected in 2024.

New ACAMB Executives

 

Giving account of their stewardship in his valedictory speech, the former president thanked members, board of trustees, former presidents of the association for the their support and opportunity accorded to him and other members and his team to serve.

He recalled his administration’s major highlights to include banking sector advocacy, premium attention to members’ welfare and career development, quality media engagements, annual stakeholder conferences, aerobics sessions, retreats and other special programmes.

He noted that these well thought out programmes helped repositioned ACAMB as a strong institutional voice for communication and marketing professionals in the banking industry.

Bolarinwa said the administration restored institutional integrity by auditing accounts, recovering outstanding debts and reviewing the association’s constitution.

He reeled out other achievements and urged members to support the new executives, stressing that ACAMB is bigger than any tenure and that the

foundation laid will enable greater achievements.

The former ACAMB boss also urged Nigerians to support and protect local banks.

He said Nigerian banks play a major role in national stability, job creation and economic growth, and urged customers to resolve service-related concerns amicably.

According to him, the banking industry is woven into the fabric of Nigerian society and should not be subjected to unfair narratives or attacks.

Bolarinwa recalled that ACAMB became a public voice during the Naira redesign policy, when banks faced misinformation and physical attacks.

He said the association engaged community leaders, security agencies and the media to correct wrong narratives against banks.

“When others were silent, ACAMB spoke with facts and defended the industry,” he said.

Bolarinwa noted that Nigerian banks were among the strongest in Africa, employing thousands of Nigerians and supporting businesses across sectors.

He said major national projects, including the Dangote Refinery, were made possible with strong banking sector support.

The former president urged Nigerians to use banks’ customer service channels instead of social media confrontations when disputes arise.

He said all banks operate multilingual 24-hour call centres to resolve complaints and protect customers.

Bolarinwa said Nigerian banks remain highly regulated and committed to accountability and service improvement.

He appealed to the media to engage responsibly and verify information before amplifying negative narratives.

According to him, strong banks translate to strong capital markets, citing banking stocks as leading performers on the Nigerian Exchange.

Bolarinwa said recapitalisation, mergers and acquisitions expected in the sector would strengthen banks and benefit the economy.

He urged continued public confidence, adding that banks in the country belong to Nigerians and deserve collective protection.

Highlight of the event was inspiring testimonials from past, current and members alike of the modest achievements of the Bolarinwa-led Executive Committee.

Jide Sipe emerges new ACAMB President 

Meanwhile, the immediate past General Secretary of the association, Babajide Sipe has emerged the new president of ACAMB.

Sipe emerged with eight other executives at the just concluded AGM/Election held at the Bankers House in Victoria Island.

In his acceptance speech, the new ACAMB boss pledged outright loyalty to the founding ideas of the association while building on the immediate past executives noble achievements.