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DRAFT CORPORATE GOVERNANCE CODE FOR ILORIN MICROFINANCE BANK
                                                                                                                                                                New!!   
  1.0   INTRODUCTION  

 

The Corporate Governance code has been drawn up to provide necessary guidance for establishing the roles and responsibilities of the management and the board of Ilorin Microfinance Bank Limited[IMFB]. The cardinal objective is to ensure that the bank’s affairs are conducted in an orderly and responsible manner to ensure that the various stakeholders expectations are met and indeed surpassed by the board and management who are entrusted with the piloting the affairs of the bank.

  

 

The Code among other things defines the roles and responsibilities of the board, and also that of the management. In view of the need to ensure that insiders related activities are effectively controlled to guide against abuses, the code also sets acceptable procedures and guidelines for the conduct of insiders related activities. In order to underscore the board members political will to enforce strictly the code provisions, appropriate sanctions are provided for its violations.

 
 
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OPERATION & MANAGEMENT OF MICROFINANCE BANKS IN NIGERIA
                                                                                                                                                                  
FIRAS CONSULTS LTD CONDUCTED TRAINING TITLED OPERATION & MANAGEMENT OF MICROFINANCE BANKS IN NIGERIA FOR ILORIN MICROFINANCE BANK LTD MARCH 28TH-29TH 2009.
FIRAS CONSULTS LTD conducted a training program titled OPERATION & MANAGEMENT OF MICROFINANCE BANKS IN NIGERIA for officers and Head of Departments of Ilorin Microfinance Bank Ltd on 28th and 29th March 2009.
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