The winners in a jubilant mood
The Chartered Institute of Bankers (CIB) Ghana has held the maiden edition of the National Banking and Ethics Challenge (NBEC), a pioneering competition aimed at promoting ethical banking practices among tertiary students.
The event featured five universities; Academic City University College, University of Ghana, Pentecost University College, University of Professional Studies, Accra (UPSA) and Wisconsin International University College vying for top honours in a quiz-style contest.
The competition unfolded in three progressive stages which were the preliminaries, semifinals, and finals.
The final round saw a fierce contest between Academic City University College and the University of Ghana, with Academic City emerging victorious.
Winners and other participants received plaques and cash prizes, while Academic City University was awarded a full scholarship to study a professional course at the Institute, in addition to other incentives.
Head of the Financial Stability Department at the Bank of Ghana (BoG), Dr. Kwasi Osei Yeboah, commended CIB Ghana for its leadership in advancing ethics in
He stressed that ethics must be embedded at every level of banking operations. “Events like these are critical in nurturing a new generation of ethically minded bankers who uphold integrity and professionalism,” he added.
CEO of CIB Ghana, Robert Dzato, underscored the importance of banking education and financial literacy into schools, workplaces, and religious institutions.
“We all interact with money—so understanding how to manage it wisely, especially in an inflationary and dynamic economy, is essential for personal and national growth. This challenge is not just a competition; it is a platform for our future banking professionals to engage with ethical standards that are crucial for the integrity of our financial system. We are proud to have initiated this event and look forward to making it an annual affair,” he added.
Also speaking at the event, Vice President of CIB Ghana, Togbe Asiama Krakani V, described the challenge as a transformative initiative aligned with the Institute’s mandate to regulate banking practice and promote professional development.
“This is not just a contest—it is a call to action to embed ethics into the DNA of our future professionals and institutions,” he said.
A Business Desk Report