Change Management and Capacity Building for Regional Banking Leadership

From the regulatory authorities led by the Central Bank of Nigeria (CBN), to each of the 25 banks that emerged, the successful conclusion of the first phase of banking reforms demonstrates a level of change management capacity deemed vital in successful corporate transformation. However, to successfully position themselves to play a leading role in driving international trade and finance, the banks must emplace a system that has a tremendous capacity to match capital to ideas, reward innovation, channel savings to the highest returns, and show resilience and stability in the face of change. NESG Economic Indicators Vol. 12 (2) 2006: pp. 11-1