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Banking for the Future

06-19-2017 05:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fleming.

Summary: The East Africa Future Banking Summit will provide a forum to discuss challenges and strategies which will lead East African banks to become more lean, efficient and competitive.

19 June, Nairobi: The East Africa Future Banking Summit kicked off today at the Villa Rosa Kempinski with focus on key trends like, Digital Banking, Cryptocurrency, Block-Chain Technology,
Cyber Security & Cyber Resilient Strategies being some of the concept that will be decoded in the duration of the event.

The event began with a presentation by George Bodo, Head of Financial Desk, Ecobank Capital, Kenya on adjusting to tightening regulatory environment in the banking sector. The impact of digitization on the East African banking environment was explained by George Njuguna, Chief Information Officer
Housing Finance Bank, Kenya. The Bank & FinTech collaboration in an API economy presentation by Salil Ravindran, Head – Digital Banking Centre of Excellence(India)- Oracle, addressed the need to learn from API initiatives worldwide.

The presentations on “The Future of Bank Branch in a Highly Digitized Banking Environment” & “Digital Transformation in Banks” were presented by David Ndome, National Bank, Regional Branch Business Manager, Kenya and Mwanahamisi J Hussein, KCB Bank, Head of Alternate Channels, Tanzania respectively. This was followed by a panel discussion on the development of Central Repository Data System which could prove to be a game changer for the banking sector.

Chima Nwoko, Chief Executive Officer, South Atlantic Solutions (South Africa) spoke on the approach to be adopted for suitable core banking solutions. Leon Kiptum, Family Bank, Head of Alternate Channels (Kenya) presented on the adoption and development of a new payment landscape for African customers. The day concluded with two panel discussions focused on the “Regulating And Standardizing of Mobile Payments” and “The Role of Banks & FinTechs in Conquering Digital Age”.

The second day of the event will center on the themes of fueling a resilient digital banking system and the risks of digitization. Some of the presentations highlighting this theme on day 2 are “Challenger Bank: Moving from a 'digitized bank' to 'whole digital bank'” by Melaku Kebede, VP – Systems & E-Banking, United Bank S.C, Ethiopia, “Disrupting the Disruptor’s: How banks can regain the momentum from FinTechs?” by Ali Hussein, Chairman, KICTANet, National Block-chain Working Group, Kenya, “Cryptocurrency: It's fate in East Africa” by Rosemary Koech-Kimwatu, Head of Legal & Regulatory Affairs, WayaWaya, Kenya & “Cyber Resilient Strategy for Banks” by Wycliffe Momanyi, Chief Information Security Officer, Kenya Commercial Bank, Kenya.

The associate partner for the event are software solutions provider and management IT firm, South Atlantic Solutions. The gold partner for the event is Oracle. The bronze partners for the event are Manam Infotech and Bank-Genie PTE. LTD.

Fleming. connects great people, useful know-how and valuable opportunities. With 12 years in the business and 300+ events organized annually, Fleming. has grown to offer a portfolio of Conferences, Trainings, Exhibitions, Blended Learning and Online Conferences. Present on five continents Fleming. has partnerships to always stay one step ahead. More than 50,000 satisfied companies participating at our events every year prove that Fleming. is the right partner. For more information, visit


Mlynske Nivy 71
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Slovak Republic
W. T. +971 4609 1570

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