Institute Urges New Inductees To Be Good Ambassadors

The President of Chattered Institute of Treasury Management, CITN, Mr Ahmed Idris has urged newly inducted members of the institute to remain good ambassadors of the institute.

Idris advised the 2nd Recertification and Induction Programme of new members in Abuja.

He urged the inductees to be steadfast, and supportive and represent the interest of the Institute in all they do.

Idris said; “We are all ambassadors of a very good cause; let us all demonstrate our capacity for good and innovative things and lead by example.”

The former Accountant General for the Federation also said that CITM was a pioneer in creating value for managing the treasury, institutionalising preventive mechanisms and building capacity through scholarly activities.

This he said was “to safeguard the treasury against fraud and the misapplication and misappropriation of financial resources placed in the custody of fund managers.”

According to him, a sustainable treasury remained a concept that emphasised the integration of environmental, social, and governance factors into treasury operations.

He said: “The aim is to promote long-term economic, social, and environmental sustainability…Treasury function within an organisation could play a crucial role in driving positive change in the economy.”

“By adopting sustainable treasury practices, organisations could align their financial decision-making with broader sustainability goals.

“This involves considering the environmental and social impacts of treasury operations, as well as the governance structures and ethical considerations surrounding financial activities,” Idris explained.

One of the inductees and a civil servant from Giade Local Government Area of Bauchi State, Sali Musa descirbed the induction as impressive.

Sali said; “We have gained knowledge from the training by the institute and the way we manage our treasury from now on will change regarding our vocation.”

Fifty-one new members were inducted into the institute.

The theme of the programme was “Sustainable Treasury: A Catalyst Towards a Virile Economy.”

Mercy Chukwudiebere