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NDIC to Host African Deposit Insurers’ Annual Meeting in Abuja

The Nigeria Deposit Insurance Corporation (NDIC) is set to host the 2026 International Association of Deposit Insurers (IADI) Africa Regional Committee (ARC) Annual Meeting and Workshop in Abuja from July 20 to 23, bringing together financial sector regulators and deposit insurance experts from across Africa and beyond.

The four-day event, themed “Safeguarding Stability: Public Awareness and Crisis Readiness for a Stronger Future,” will convene chief executives, directors and senior officials of deposit insurance institutions, financial regulators and other stakeholders within the financial safety net to deliberate on strategies for strengthening public awareness and crisis preparedness in deposit insurance systems.

According to a statement signed by the NDIC Director of Communication & Public Affairs, Hawwau Gambo, discussions will focus on enhancing depositor confidence through improved communication, stronger coordination among financial safety-net participants, and the adoption of practical tools for crisis management and resolution.

Participants will also examine emerging risks, including financial technology innovations and cyber threats, with the aim of strengthening regional frameworks for effective crisis response.

The workshop will feature technical committee meetings, plenary sessions and interactive roundtable discussions on public awareness during normal and crisis periods, crisis preparedness and management, system-wide response operations, and simulation exercises designed to assess institutional readiness.

The event will be declared open by the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, is expected to deliver the keynote address.

Other dignitaries expected at the event include IADI Secretary General, Eva Hüpkes, and Chairperson of the IADI Africa Regional Committee, Julia Oyet. The Managing Director and Chief Executive of the NDIC, Thompson Oludare Sunday, will serve as the chief host.

The annual meeting is expected to provide a platform for peer learning, exchange of experiences and collaboration among deposit insurers and financial regulators, while promoting stronger crisis preparedness and financial system stability across the African region.

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