Liberia’s only development finance institution.
The Liberian Bank for Development and Investment (LBDI) was created by an Act of the National Legislature in 1961. In 1965, the Bank began full operations as a Development Finance Institution (DFI). Under an amendment in 1974, the name of the Bank was changed to LBDI to reflect the increasing national emphasis on the agricultural sector and other drivers of national economic growth.
Since 1988, LBDI has also acted as a commercial bank.
LBDI is owned by both public and private shareholders (Institutions and individuals). Some are Liberians. Others are foreign nationals and companies.
MR. CHRISTIAN N. ALLISON |President/CEO
The Liberian Bank for Development and Investment
Mr. Christian N. Allison, II, is the President/Chief Executive Office of the Liberian Bank for Development & Investment (LBDI). Prior to his appointment, he served the Central Bank of Liberia (CBL) for 21 consecutive years in various capacities – Junior Bank Examiner; Senior Bank Examiner; Assistant Director for Supervision & Surveillance; Assistant Director, Regulation & Policy; Chief Risk Officer/Head, Risk Management; and as Director for Enterprise Risk Management. He earned his high school diploma and WAEC certificate (Division 1) from St. Patrick’s High School in 1995; earned a Bachelor of Business Administration (Magna Cum Laude) with an emphasis in Accounting and Economics from the University of Liberia in 2001; and earned a Master of Business Administration (MBA), with an emphasis in Corporate Finance, from the Graduate School of Business, University of Cape Town in 2006.
He is completing the distance learning doctoral program of California Southern University to be awarded a Doctor of Business Administration (DBA) degree in 2023. Mr. Allison has several professional certificates from various training programs. These include cybersecurity risk management from the HarvardX online program; business risk management from the University of Cape Town; Enterprise Risk Management from Ethan Hathaway; Advanced Risk-Based Supervision from the Federal Reserve Bank of New York; Advanced Banking Supervision, West African Institute of Financial & Economic Management (WAIFEM) and the Central Bank of Nigeria; Specialized Course in Bank Supervision from the Federal Reserve Bank of New York, etc. Additionally, in 2008, Mr. Allison became an Archbishop Tutu Leadership Fellow, awarded after an advanced leadership course provided by the African Leadership Institute in conjunction with Oxford University. Mr. Allison has also been a key player in capacity building for the local and regional financial scenes. He has facilitated training courses for bankers in the West African region at the West African Institute for Financial & Economic Management (WAIFEM). On the local scene, Mr. Allison has conducted training courses for the Banking Institute of Liberia (BIL) and various financial and other institutions.
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