BAM President William Chatsala said the event acts as a get together where bankers converge to share experiences for the past year and plans for the year ahead.
"Every year around this time, we get together, have a meal, a drink, but also Iook at activities that have happened in the banking industry in the last 12 months and take a look at what we are doing in the next 12 months," Chatsala
cited the on-going implementation of the Basal II risk management system by all banks in the country as the major activity for the year.
Speaking at the graduation ceremony for the I0B earlier in the day, Chatsala, who is also IOB's chairperson, challenged the graduates to maintain high levels of professionalism and integrity in line with demands of the banking industry.
" Banking is a very dynamic industry [and] ther will be many more achievements to work for.
In a rapidly changing world, you will have to be able to adapt to changing times," Chatsala
also said the institute had made strides in improving the course curriculum in conjunction with Unima
, a development that had helped it increase the number of
students and qualification levels.
part, Mtenje, hailed lOB for developing tailor-made courses and playing an important role in development.
said financial institutions play a crucial role in national economies.