Dr. Patrick Njoroge, Central Bank of Kenya (CBK) Governor has today formally confirmed his participation at Kenya’s premier Fintech Summit slated on 29th – 30th May, 2018 in Nairobi.
The summit organized by CIO East Africa under the theme: Collaboration and Co-Innovation in the Financial Services Industry purposes to heighten the momentum of financial inclusion in the fast transforming fintech space.
Organized against the back-drop of Fintech emerging as a special category of human innovation requiring a full ecosystem of co-development across technological, legal, regulatory, security and even psychological conceptual realms, the summit intends to appreciate trends of the current financial ecosystem, future market needs and catalyze discussion around the next new ideas that would involve even the critical mass largely left out in the retail chain.
While confirming his participation at the summit’s CEOs/MDs Roundtable, Dr. Njoroge upheld the position that CBK formulates, evaluates and promotes economic and financial policies that facilitate social and economic development. Against this backdrop, he noted that, it will be a great opportunity to join the industry stakeholders to explore and address possible challenges that would motivate participation in thought-leadership in this era of digital transformation.
Linus Kaikai, one of Kenya’s renowned television anchors recently engaged with Royal Media Services as Director, Strategy and Innovation is expected to moderate the CEOs/MDs Roundtable session.
“We believe, that the summit having brought together the influential disruptive and innovative technology companies along with both public and private sector players will benefit from insights shared by the Central Bank of Kenya as it engages the sector players on the steps the bank continues to deploy in the steadily changing financial services industry.”
Laura Chite CEO, CIO East Africa.
“We believe, that the summit having brought together the influential disruptive and innovative technology companies along with both public and private sector players will benefit from insights shared by the Central Bank of Kenya as it engages the sector players on the steps the bank continues to deploy in the steadily changing financial services industry,” said Laura Chite CEO, CIO East Africa.
Fintech, said Laura is disrupting the banking, insurance as well as the Savings and Credit Cooperative Organization (SACCOs) and even money as we know it. She added that dynamism and the global phenomenon of fintech in Africa more than anywhere, has the potential to be both socially and economically transformative since opportunities for innovation and investment abound.
Speakers expected at the CEOs Roundtable discussion shall range from Dr. Njoroge, Jeremy Awori, CEO, Barclays Bank, Christine Ng’ang’a, Director, Sanlam, John Gachora, CEO, NIC Bank, Dr James Mwangi, CEO and Fabien Delanaud, GM, Myriad Connect.
Per the CEOs/MDs Roundtable agenda, the speakers will in an early breakfast session share insights aboutemerging technologies in the financial sector that are driving transformational change in the provision of financial services in such areas as payments, financing, investments, financial information and advice as well as asset management. These developments have been noted as bringing both opportunities and risks.
In the session that will take a form of a roundtable discussion among the lead speakers on issues from the public and private sector players, the panelists will be asked to respond to a series of specific questions on how new technologies can disrupt the nature and provision of financial services and the implications that these changes may have for financial stability and regulation.
Click here to learn more about the CIO East Africa Fintech Summit.