By Lincoln G. Peters
The Banking Institute of Liberia Incorporated (BIL) is poised to graduate over eighty finance experts to improve effective and efficient service delivery in the Liberian financial and banking sector.
The institution will unleash its first and second-cycle graduates on 16 February 2024 at the Monrovia Christian Fellowship in Monrovia following intensive months of professional and enterprise training development program.
BIL was founded by the Central Bank of Liberia (CBL) to provide training and empowerment for those in and aspiring to enter the financial and banking sectors.
Since its founding, the institution has continued to provide professional training and empowerment for bankers in banking and finance, internal audit and control, procurement and supply chain management, digital banking, and making, compliance and risk management, leading and credit administration, and human resources.
BIL also provides small business development for small business entrepreneurs through its enterprise program which focuses on small business development and management and micro-finance management.
Speaking in an interview with this paper over the weekend, Mr. P. Sayon Tugbeh, head of Human Resources and Administration, and the current acting head of the secretariat at BIL, said that they are committed to empowering and educating Liberians wanting to enter the financial sectors.
The financial and banking expert disclosed that they are poised to graduate both their first and second cycle on 16 February 2024 covering both the professional and enterprise programs.
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“When we launched our program, sometime last year, we had like forty individuals that expressed interest. However, we launched the second application and today we have a total of over eighty individuals who went through our training,” he explained.
According to him, capacity building plays a pivotal role in providing adequate service delivery and performance which will lead to transparency, accountability, and public trust in the financial sectors.
Mr. Tugbeh added that to have an institution where staffers are not capacitated leads to poor performance, mismanagement, and waste in the financial sector.
“To bridge this gap, and ensure continued and efficient service delivery and capacity building counts at all levels.”
“Also, in 2024, we will have four weeks of training with twelve professional courses for bankers. We will also decentralize the activity so that people can not guess as to what they are doing,” he noted.
