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FITC Executive Program Addresses Disruptions In FinTech Ecosystem

Financial Institutions Training Center ( FITC ) is collaborating with FinTech Association of Nigeria on the conduct of a world – class executive training program with the objective of leading proactive transformation  and growth in business organizations.

FITC is a world-class innovation-led knowledge and professional services firm that provides cutting-edge Learning, Consulting, and Research Services to clients within and outside Nigeria.

Established in 1981 as a non-profit organisationwith the aim of providing capacity building and serve as a knowledge hub for the Nigerian Financial Services Sector. The organization is owned by the Bankers Committee, i.e. CBN, NDIC, and all deposit money banks in Nigeria.

For over three decades FITC has been at the forefront of innovative knowledge offerings designed for an array of C-suite executives, directors of banks and other financial institutions. FITC is a recipient of the International Federation of Training & Development Organizations (IFTDO) ‘Change Agent in Learning and Development in Africa’ Award.

The FITC Executive program which runs with the theme: “Innovation and Disruption in the FINTECH ecosystem: Reimaging Growth in Changing Times” is scheduled to hold between September 29 – 30, 2020.

According to the event organisers, the programme is designed to enable participants navigate through the ever demanding innovative and disruptive FinTech ecosystem, to enable them make strategic decisions to continuously position their organisations for growth.

They added that it is intended to ensure participants develop deeper understanding of the frictions that FinTech aims to address, discover ways to overcome adoption barriers and quickly scale-up their businesses, and learn how to manage disruptive threats posed by agile and data-driven competitors.

“The programme will also cover core financial technology areas like, including Dynamics, Operations and Global Business Strategy of the Leading FinTech Innovations, Frontiers of Fintech Ecosystem in Evolution of financial system for Growth and Sustainability, Models, Trends, Business Upscaling Implications and Consequences for FinTech innovations adoption, Optimizing Opportunities in FinTech Innovations for Financial Inclusion and System Stability, Emerging Opportunities and Business Consequences in Asset Management & Real Estate through FinTech Innovations and Developments, Hurdles and Opportunities for InsurTech Business Landscape in Africa.”

The statement specifically noted: “The programme is designed for business/start-ups owners, C-suite executives and senior managers of organisations whose operations are relevant to financial services space (insurance, financial technology companies, Telecommunications organisations, computer and data scientists, and some engineering firms, property, technology, innovation, etc).

Globally today, Blockchain, machine learning, big data, artificial intelligence, and other innovations in FinTech are revolutionizing the finance industry and creating new challenges for both start-ups and incumbent firms that are competing for market share. To succeed in this environment, start-ups must build, fund, and grow an innovative operation that can outperform larger companies, while incumbent firms must rethink their offerings and digital capabilities to safeguard against disruption.

To withstand the myriads of pressure and competitions in the marketplace, and innovatively brace-up to the reimagined consequences to businesses and projected growth at this unsettling time, organisations need to reinvigorate their operational resiliency, consider latest breakthroughs in FinTech, and reappraise their game plan, as businesses recover from the crisis.

The event has lined up internationally acclaimed technology experts from diverse sectors. Deputy Governor, Operations Directorate, CBN, Adebisi F. Shonubi will deliver the Keynote paper, while other Faculty members include Dr. Segun Aina, OFR, Chairman, Fintech Associates Limited, Dr. Andrew S. Nevin, PHD, Partner-FS Leader and Chief Economist, PwC, West Africa, Mr. Femi Adeoti, MD/CEO, Inlaks Nigeria, Mrs. Christabel Onyejekwe, Executive Director, Business Development, NIBSSPlc, Mr. Aderemi Atanda, Executive Director & Fintech Expert, SystemSpecs Group, Mr. Musa I. Jimoh, Director, Payment System Management, CBN, Ms. Patience Ugboajah, Executive Director, Operations, Zenith General Insurance Limited and Mr. Niyi Toluwaope, Managing Director/ CEO, eTranzact International Plc.

FinTech Association of Nigeria (FintechNGR) is a self-regulatory, not-for-profit and non-political organisation incorporated in Nigeria by the Corporate Affairs Commission CAC and a member of the global body Global Fintech Hubs Federation. The Association was established to serve as a platform for the development of the financial technology (“Fintech”) industry in Nigeria and to be a forum for the exchange of ideas and dissemination of information by and between various stakeholders in the Nigerian financial technology services industry.

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