FINANCE

Firstbank’s Adesola Adeduntan, global leaders, develop niche at Bulgaria Tech Summit

&NewLine;<p>The Chief Executive Officer&comma; First Bank of Nigeria Limited&comma; Dr&period; Adesola Adeduntan participated as a keynote speaker in the Annual FinTech &amp&semi; InsureTech Summit held at Sofia Event Center&comma; Bulgaria on 27 February 2020&period; The FirstBank Chief delivered a keynote speech on the topic &OpenCurlyDoubleQuote;Banks and Clients&comma; the New Story of Empowerment&comma; Value Creation and Technologies”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>A statement signed&NewLine;by Folake Ani-Mumuney&comma; the bank’s Group Head&comma; Marketing &amp&semi; Corporate&NewLine;Communications&comma; and made available to OpenLife stated that the summit served as&NewLine;a platform for in-depth knowledge sharing&comma; networking&comma; partnerships and&NewLine;collaborations amongst participants with a view to showcase products across&NewLine;various industries thereby promoting foreign investment amongst countries&period; The&NewLine;summit had over 700 global leading finance practitioners&comma; decision-makers from&NewLine;the financial sector notably&semi; banks&comma; payment providers&comma; insurance and pension companies&comma;&NewLine;IT experts&comma; founders of FinTech companies&comma; government and regulatory&NewLine;associations from all over the world&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-image size-large"><img src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2020&sol;03&sol;Fintech-Sofia-1-President-of-the-Republic-of-Bulgaria-1-1024x683&period;jpg" alt&equals;"" class&equals;"wp-image-2506"&sol;><figcaption><br><strong> Bulgarian President&comma; Rum&comma;en Radev &lbrace;L&rcub; Adesola Adeduntan&comma; Chief Executive Officer&comma; First Bank of Nigeria Limited &lbrace;R&rcub; during a courtesy visit by Dr&period; Adeduntan to the President in Sofia&comma; Bulgaria&period; <&sol;strong><&sol;figcaption><&sol;figure>&NewLine;&NewLine;&NewLine;&NewLine;<p>Deliberations in the course of the conference centred on&nbsp&semi;various&NewLine;topical issues that would&nbsp&semi;deepen financial inclusion and innovation&NewLine;capabilities&comma; improve speed to market with digital innovation product and&NewLine;services&nbsp&semi;and sustainable financial system where finance delivers positive&NewLine;ecosystem&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>In delivering the&NewLine;keynote address&comma; Dr&period; Adeduntan highlighted that&semi; &OpenCurlyDoubleQuote;FirstBank is at the forefront&NewLine;of banking industry innovation&comma; making sure that it leverages innovation to&NewLine;deliver shareholder value and improve customer experience with the latest&NewLine;FinTech innovations and new trends in the Financial Services space&period; &nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-image size-large"><img src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2020&sol;03&sol;Picture-5&period;&period;-1024x683&period;jpg" alt&equals;"" class&equals;"wp-image-2507"&sol;><figcaption><strong><br> L-R&colon; Mr&period; Tunde Oladele&comma; CEO&comma; Software Group&semi; Mr&period; Olayinka Situ&comma; Group Head&comma; Corporate Transformation&comma; FirstBank&semi; Dr&period; Adesola Adeduntan&comma; CEO&comma; FirstBank and Filip Genov&comma; Co-Founder &amp&semi; CEO&comma; F27 at the Annual FinTech &amp&semi; InsureTech Summit held at Sofia Event Center&comma; Bulgaria&period; <&sol;strong><&sol;figcaption><&sol;figure>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;In other to&NewLine;deepen innovation capabilities and improve speed to market with digital&NewLine;innovation product and services&comma; FirstBank established its digital innovation&NewLine;lab to adopt agile development approach in its operations&period; The Bank has also&NewLine;developed a robust telco-agnostic mobile money wallet to potentially defend its&NewLine;business from the incursion of BigTechs and FinTechs into the core banking&NewLine;space&period; I believe that there is a significant opportunity for value adding&NewLine;strategic cooperation and collaboration between Nigerian and the Bulgarian&NewLine;Banking and FinTech communities&period;”<&sol;p>&NewLine;

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