Business Day (Nigeria)

EY sets for Global Banking Outlook 2021 Forum

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Ernst & Young Nigeria ( EY) has finalized plans to launch the Global Banking Outlook ( GBO) 2021 that will assist banks and the banking community at large to reframe their future and accelerate their digital transforma­tion agendas for 2021.

The virtual forum with an agenda ‘Can Banks turn Disruption into Transforma­tion’ holds on Thursday, February 2021 by 11 am (Nigerian time) and 10 am ( Ghana time). It will bring together experts in the financial services sector, including managing directors and chief executive officers of banks, among others.

Guest Speaker at the event is Karl Meekings, EY global banking & capital markets and global financial services analyst team lead. Panellists will include Abubakar Suleiman, managing director/ceo of Sterling Bank Plc; Julian Opuni, managing director/ CEO, Fidelity Bank, Ghana, Roosevelt Ogbonna group deputy managing director, Access Bank Plc and John Awuah, CEO of Ghana Associatio­n of Bankers.

Other panellists are Bunmi Kuku, partner, business consulting, EY Nigeria, and Pamela Des Bordes, partner, assurance services, EY Ghana. The panel session will be moderated by Benson Uwheru, partner, banking and capital markets leader, EY West Africa;

According to a statement released by EY, the Global Banking Outlook ( GBO) 2021 provides insights on three core pillars that can help Banks turn today’s disruption into tomorrow’s transforma­tion. The three critical pillars, as noted by EY, include building resilience through agility, that is, anticipati­ng changes that will come in the next and beyond will reframe how banks set their transforma­tional agendas.

The other pillars are managing costs and enabling investment. In a tough operating environmen­t, cost transforma­tion will drive profitabil­ity and the ability to invest in the wider transforma­tional agenda. Lastly, refocusing on customers’ centricity as customer expectatio­ns have been transforme­d to make ‘anywhere, anytime’ banking the norm.

“In our journey to build a better working environmen­t, we are continuall­y poised to support our clients and the business community at large on best ways to meet the evolving demands of business”, says EY.

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