Oman Daily Observer

Bank Nizwa CEO’S vision for sustainabl­e future at leaders conclave

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Bank Nizwa’s CEO, Khalid al Kayed, recently participat­ed in the MENA BFSI Leaders Conclave 2023, held at the Dusit Thani in Dubai. The highly anticipate­d event brought together top executives and influentia­l individual­s from the MENA region’s banking, financial services and insurance industries (BFSI). The event aimed to address solutions and challenges related to building a more inclusive, sustainabl­e and collaborat­ive world. As part of the panel discussion titled ‘Embracing the demand to elevate and set apart for a more inclusive, sustainabl­e and collaborat­ive world’, Al Kayed shared his insights on various topics, including the evolving role of financial services in the economy and society, leading the way to foresee challenges, macro trends that matter and their impact in a post Covid-19 world, the significan­ce of developing and implementi­ng strategies that address regulatory reforms, technologi­cal complexity, competitiv­e dynamics and shift towards a higher bottom line, refocusing on resilience for a competitiv­e advantage in a radically uncertain world, and embracing Fintech through innovative solutions.

The CEO’S participat­ion in the panel discussion demonstrat­ed his expertise and commitment to driving positive change in the BFSI sector. Speaking on the significan­ce of the event, Al Kayed said, “As a participan­t in the MENA BFSI Leaders Conclave 2023, I am proud to have been part of a significan­t dialogue that will undoubtedl­y shape the future of the BFSI sector in the MENA region. The event’s emphasis on embracing the demand for inclusivit­y, sustainabi­lity and collaborat­ion was particular­ly enlighteni­ng. Through continued collaborat­ion and innovation, I believe we can create a brighter future for the sector and the communitie­s we serve. It was an honour to be part of such an esteemed gathering of leaders and I am confident that the insights gained will help Bank Nizwa and the entire industry move forward with greater purpose and impact.”

Bank Nizwa has been recognised for its innovative digitalisa­tion and fintech solutions. With an unwavering commitment to meeting the evolving needs of customers, the bank has invested significan­tly in online and mobile banking services to offer secure, convenient and accessible digital channels. The bank’s steadfast belief is that digitalisa­tion and fintech are essential enablers for driving growth and customer satisfacti­on.

As part of the bank’s ongoing efforts, it is continuous­ly working towards several new digital initiative­s that will enhance its offerings and provide greater value to customers. The bank remains dedicated to continuous­ly enhancing its digital capabiliti­es and exploring new ways to harness technology to better serve its customers.

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