BY DAYO ADESULU
Adesola Adeduntan, the Chief Executive Officer, FirstBank of Nigeria Plc has vowed to engage in delivering customers’ and shareholders’ values.
Adeduntan who stated this in his keynote address during the yearly FinTech & InsureTech Summit held at Sofia Event Centre, Bulgaria, said stakeholders and customers must get values for their investment.
Speaking on the theme: Banks and clients, the new story of empowerment, value creation and technologies, he said the banks should ensure it leverage innovation to deliver shareholder value and improve customer experience with the latest FinTech innovations.
Adeduntan said: “To deepen innovation capabilities and improve speed to market with digital innovation product and services, FirstBank established its digital innovation lab to adopt agile development approach in its operations.
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”The bank has also developed a robust telco-agnostic mobile money wallet to defend its business from the incursion of BigTechs and FinTechs into the core banking space.
”I believe that there is a significant opportunity for value-adding strategic cooperation and collaboration between Nigerian and the Bulgarian Banking and FinTech communities.”
The summit served as a platform for in-depth knowledge sharing, networking, partnerships and collaborations among participants to showcase products across various industries, thereby promoting foreign investment among countries.
Deliberations at the conference centred on various topical issues that would deepen financial inclusion and innovation capabilities, improve speed to market with digital innovation product and services and sustainable financial system where finance delivers positive ecosystem.
