Professional Bankers Are Not Supposed To Be Wealthy, Except You’re Stealing – Sterling Bank CEO

Posted by Thandiubani on Mon 25th Mar, 2024 - tori.ng

Recall that Suleiman, addressing an audience that included notable figures such as former institute presidents and the Lagos Commissioner of Finance, Abayomi Oluyomi, emphasized the essence of banking as a service-oriented profession.

Sterling Bank’s Managing Director/Chief Executive Officer, Abubakar Suleiman has claimed that professional bankers who are wealthy may be stealing.

He stated this while speaking at the induction ceremony of 485 newly inducted members of the Chartered Institute of Bankers of Nigeria (CIBN) held in Lagos.

He starkly cautioned that a career in professional banking is not a pathway to becoming a billionaire, barring unethical practices.

He said, “If your purpose is wealth, and I will say this with all sense of responsibility, if you find a banker, a professional banker, not an owner, not an owner-manager, not an entrepreneur in banking but a professional and he says he’s wealthy, look at the person and ask how?

“By virtue of being a professional in employee status, that is not the road map to ‘billionaireship’ unless you are a thief and you are not. Otherwise, you wouldn’t be bothered becoming certified, taking your professional career so seriously, if all you are interested in is to make money.

“If you are looking for a purpose, banking will offer you a purpose. And there is a lot that banking can offer you if you are looking for a higher level of service. But if you are looking for wealth and to ride private jets, your ambition has already denied you the ability to be ethical.”