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Nigeria Edition•Business
September 25, 2026•0 views
News Brief

Ikeazor urges directors to strengthen institutions through ethical leadership

Deputy Governor Philip Ikeazor addressed newly inducted Fellows of the Chartered Institute of Directors Nigeria (CIoD) at the 2026 Fellows’ Night and Investiture.

Ikeazor urges directors to strengthen institutions through ethical leadership
Image: BusinessdayCredit: Image: Businessday
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In Brief

  • •Deputy Governor Philip Ikeazor addressed newly inducted Fellows of the Chartered Institute of Directors Nigeria (CIoD) at the 2026 Fellows’ Night and Investiture.
  • •He called for ethical leadership, sound judgment and responsibility as key to good governance and institutional resilience.
  • •CIoD President Otunba Adetunji Oyebanji highlighted the growing importance of trust and reputation in the so‑called Trust Economy.
  • •Both leaders stressed that directors must consider commercial, ethical, and stakeholder impacts of their decisions.
  • •The message underscored the need for transparency, accountability, and risk management in navigating technological and sustainability challenges.

Why It Matters

The remarks come at a time when Nigerian institutions face heightened scrutiny over governance and accountability. By linking ethical conduct to institutional resilience, the CBN deputy governor and CIoD leadership aim to reinforce a culture where directors prioritize long‑term stakeholder value over short‑term gains. This shift could influence how companies manage risk, attract investment, and maintain public trust in a rapidly evolving business environment.

Key Details

Event
2026 Fellows’ Night and Investiture of CIoD
Speaker
Philip Ikeazor, Deputy Governor of the Central Bank of Nigeria
Co‑speaker
Otunba Adetunji Oyebanji, President of CIoD
Theme
Trust Economy: Why Reputation Has Become Everyone’s Greatest Asset
Audience
Newly inducted Fellows of CIoD

Context & Background

The Chartered Institute of Directors Nigeria (CIoD) is a professional body that promotes good governance and responsible directorship among Nigerian companies. Its Fellows’ Night and Investiture is an annual event that recognizes directors who have demonstrated leadership and commitment to ethical standards.

Original Reporting & Sources

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Businessday
Primary Source
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