The Central Bank of Nigeria (CBN) Deputy Governor, Economic Policy Directorate, Philip Ikeazor, has received the Chartered Institute of Directors’ (CIoD) Nigeria Fellowship award in Lagos.
In his goodwill message, Ikeazor, who received the award alongside other awardees, promised to uphold the principles of good governance, ethical leadership and responsible directorship in the organisations and institutions ‘in which we serve.’
He described it as a privilege to be admitted into the IoD’s Fellowship cadre.
He said he would lead with integrity, sound judgement and a clear sense of duty. ‘The conferment of the Fellowship is not only a recognition of professional accomplishment; it is also a reminder of the responsibilities that come with leadership, particularly the responsibility to lead with integrity, sound judgement and a clear sense of duty,’ he said.
Continuing, he said: ‘We are grateful for the opportunity to have benefited from the Institute’s programmes and training, which have provided us with valuable perspectives on leadership, corporate governance and responsible directorship’.
Ikeazor, who was represented at the event by CBN Director, Payments System Policy Department, Musa Jimoh, said that in an environment where institutions and businesses are increasingly required to navigate complex economic, technological and social challenges, the importance of effective governance cannot be overstated.
‘At its core, good governance is not simply about compliance with rules; it is about creating institutions that are accountable, transparent and resilient, and capable of delivering sustainable value to their stakeholders,’ he said.
He said the Institute has continued to play an important role in promoting these principles and in preparing leaders to understand the responsibilities that come with occupying positions of influence.
‘For us as newly inducted Fellows, tonight’s recognition therefore comes with a commitment. We recognise that Fellowship is not the end of a journey. Rather, it places a greater responsibility on us to demonstrate, through our conduct and decisions, the values that the Institute represents,’ he said.
Continuing, he said: ‘We commit ourselves to upholding the principles of good governance, ethical leadership and responsible directorship in the organisations and institutions in which we serve.’
‘We also recognise that leadership is ultimately measured not only by the results we achieve, but by how those results are achieved. The decisions we take, the standards we set, the people we influence and the
institutions we leave behind are all part of our leadership legacy’.
‘As Fellows of the Institute, we will endeavour to uphold the highest standards of professionalism and integrity and to use the knowledge and experience gained through our engagement with the Institute to
contribute positively to our organisations, our professions and the wider society’.
‘We also acknowledge that the strength of any institution lies in its people. We therefore look forward to remaining actively engaged with the Institute, contributing to its continuing development and supporting its efforts to promote high standards of corporate governance and leadership.’
‘At this point, permit me to appreciate the President, Otunba Adetunji Oyebanji,F.CIoD and Council of the Institute, the Secretariat, facilitators and everyone who has contributed to the Institute’s work and to the development of the Fellows being celebrated tonight’.