The chief executive officer of First Bank of Nigeria, Dr. Adesola Adeduntan has highlighted how the group ushered in an era of unparalleled banking convenience for its clientele, enabling them to conduct all their financial transactions seamlessly.
He disclosed this during the Annual Banking and Finance Conference’s cocktail party held in Abuja on a Monday evening.
Represented by Mr. Callistus Obetta, the group executive for Technology and Services at the bank, Adeduntan explained how technology has redefined the landscape of numerous industries, especially within the financial services sector. He emphasized the various stages of technological advancement that have propelled development, underpinned by the power of Artificial Intelligence (AI).
In his address, Adeduntan noted that technology has substantially simplified processes such as payments, withdrawals, and other financial transactions for customers. This, in turn, has afforded customers more time for their personal pursuits, as technology has streamlined banking operations to make them effortless.
Adeduntan emphasized the ongoing transformative role of technology in shaping society’s future, emphasizing the need for a tech-driven approach to global progress. He asserted that the path forward lies in building a future deeply rooted in technology, ensuring that no one is left behind in this digital evolution.
He said, ‘‘As we contemplate the next generation, we are committed to enhancing accessibility, convenience, and development by harnessing technology, intelligence, and data.’’
President/Chairman of the Council of the Chartered Institute of Bankers of Nigeria (CIBN) and Executive Director at Fidelity Bank, Dr. Ken Opara, echoed the sentiment that the future of the banking industry is firmly entrenched in the digital realm. He specifically addressed the youth, urging them to work diligently as the sector will predominantly belong to them in the near future.
Opara commended the event organizers, recognizing that the gathering served as a platform for networking, idea exchange, and the sharing of valuable experiences.
