promoting digital innovation in the African tax sector

The “8th Africa Bank 4.0 Summit – CEO Exclusive” opened its doors to welcome in-person participation from leaders of the African financial sector on May 25, 2022, at the Mövenpick Hotel & Residences, Nairobi, Kenya.
John Njoroge, National Director of Network International in Kenya (the main sponsor of the event) and Chairman of the conference, opened the event. This was followed by the opening speech: Beyond Banking: Delivering Seamless Financial Experiences with Disruptive Technologiespresented by Nandan Mer, Managing Director of Network International Group.

Nandan Mer, Group Managing Director of Network International, said: “The 8th Africa Bank 4.0 Summit was a great platform to discuss what the disruption means for financial services players in the region and which technologies to watch.

“As the leading enabler of digital commerce in Africa and the Middle East, Network International is committed to playing a pivotal role in shaping the region’s payments landscape while helping businesses and economies in our markets thrive. , simplifying commerce and payments.”

The ‘CEO Influencer’ panel reflected on the importance of Bringing digital banking to rural Africa, moderated by Faith Kobusingye Mugambwa, Regional Director General of Network International East Africa. Panelists who joined this panel included Dr Segun Aina, Chairman of Africa Fintech Network, Julias Alego, Managing Director of the Kenya Institute of Bankers and Raphael Lekolool, Managing Director of Postbank Kenya.

Muhammad Nana, vice president of fintech partnerships for Mastercard’s Eastern Europe, Middle East and Africa divisions, moderated the “Leaders Innovation” panel which covered the debate around the deployment of AI and automation as a way to drive customer engagement, efficiency and -productivity. Panelists who joined this discussion included executives from Network International, Sparkle, FMB Capital Holdings, Jubilee Insurance and Netcore.

How will Open Banking support financial inclusion in Africa? was addressed by Hany Fekry, Managing Director of the Processing Group at Network International. The latest innovative solutions and technologies in customer engagement, safety and security, digital disruption and artificial intelligence were developed during exclusive presentations from event partners including Netcore, Zwipe, Fico, Ameyo and Idex Biometrics.

Supporting women in business

One of the highlight sessions of the event included the ‘Women Voices CEO’ panel which addressed the topic of how female small business entrepreneurs can overcome funding challenges and achieve business growth.

Faith Kobusingye Mugambwa, moderated this interactive panel, which was attended by Mizinga Melu, Managing Director and Managing Director of Absa Bank Zambia; Mamie Kalonda, General Manager of Finca RD Congo S; and Caroline Kariemu-Brazell, co-founder and managing director of M-Tip A Djiba Diallo as well as senior fintech advisor for operations and technology at Ecobank Transnational.

This summit was organized by over 60 industry leaders and was sponsored by over 30 partners including Openway, Gupshup, Eclectics, Mastercard, Moody’s Analytics, ProgressSoft, Kenya Institute of Bankers, Africa Fintech Network, FMB Capital Holding, Centenary Bank, Sparkle and Finca.

The end of the conference paved the way for the Africa Bank 4.0 awards, which recognized the efforts and innovation of the region’s leading players in the banking, financial services and insurance sectors.

Commenting on the Africa Bank 4.0 awards, Nana Esi Idun-Arkhurst, Division Manager for Retail Banking at Fidelity Bank Ghana, expressed deep gratitude to the organization for naming her “the most influential African female banker in the world”. year (retail banking)”. .

“It is an honor to be recognized for this prestigious award. This award is dedicated to each member of the Fidelity Retail team for believing in the vision and being part of the journey. This is for your commitment, diligence and phenomenal performance year after year. I am grateful to the Bank’s management for giving me the opportunity to lead, and I thank my family for their unwavering support throughout my career. I want to encourage everyone, especially women, to be agents of change and excellence, and to take on leadership roles in the fields of their choice. Together, we can all help close the gender gap in leadership.”

NMB CEO Expresses Gratitude

NMB Managing Director Ruth Zaipuna said, “I am delighted to accept this award on behalf of NMB Bank management, its customers and NMB’s 3,500 employees. I thank them for their cooperation in providing the best for our valued customers and shareholders, and for ensuring that we give back to the society in which we have supported our business for over 20 years.

“I dedicate this ‘African Banking CEO of the Year 2022 (Tanzania)’ award to my colleagues at NMB who are fully committed to NMB’s quest to truly remain beyond comparison: an innovative and customer-focused bank. customer, resiliency, trust, safety, and security,” added Ruth.

Other industry leaders who were honored and celebrated at the awards ceremony were: Abdulmajid M. Nsekela, African Retail Banker of the Year; Mamie Kalonda Kapenga, African Microfinance Banker of the Year; Dr. Tomisin Fashina; African Banking COO of the Year; Lanre Bamisebi, African Banking CIO of the Year; Unathi Mtya, the most influential African banker of the year Digital transformation; and Mizinga Melu, the most influential African banker of the year Rest of Africa.

The honored organizations were Asante Financial Services Group; Neobank Rising Star East Africa; Bank Sofri, Neobank Rising Star West Africa; Kenya Institute of Bankers, outstanding contribution to the banking community Kenya; Africa Fintech Network, Outstanding Contribution to the African Fintech Community; AFiK, Outstanding Contribution to the Fintech Community of Kenya; The Leadership Group, outstanding knowledge exchange provider for (the) fintech community; and ChainAdvise Blockchain Advisory, outstanding contribution to blockchain development in Africa.

Solutions, products and services from Idex Biometrics, Netcore, Eclectics, Gupshup, Ameyo and KnowBe4 were recognized for their contribution in the technology and innovation categories at the awards ceremony.

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