A new professional body for qualified retail bankers known as Institute of Retail Banking is to be launched in London this week. It will be a membership body for all retail bankers who have achieved the designation of Certified Retail Banker or CRB, having passed the examinations of the Retail Banking Academy.
Although Bolade Agboola, former chairman, chartered Institute of Bankers of Nigeria (CIBN), Lagos Chapter, who spoke with Businessday on phone sees this as welcome development, he was reluctant to admit that it would have significant impact on the retail banking space in Nigeria.
The new not-for-profit institute will be governed by an independent board of trustees and will be the custodian of the CRB designation.

