Access Bank’s Executive Director of Technology and Operations, Mr Ade Bajomo, has been appointed the new President of the FinTech Association of Nigeria (FintechNGR). This was first announced during FinTechNGR’s virtual Annual General Meeting held recently.
Prior to his appointment as President, FinTech Association of Nigeria
(FintechNGR), Ade Bajomo served as the
Vice President of FinTechNGR for the last two years.
Speaking after his inauguration,
Bajomo thanked the outgoing president, Dr Segun Aina and the Governing
Committee, “for the remarkable accomplishments during the last two years. This
appointment is a responsibility that I
take very seriously and I am humbled by your vote of confidence. With your
help, I believe we can position Nigeria as a leading market for global FinTech
Innovation and Investment.”
“In my capacity as the president, I will ensure FinTech
Association of Nigeria works collaboratively as a team to position Nigeria and
ultimately, Africa, as a force to be reckoned with in the global community.
Nigeria has all the human resources it needs to be competitive in the global
marketplace and this administration will strive to accelerate the growth of the
industry and help create job opportunities and wealth,” Bajomo said.
In an interview on Arise TV’s ‘Arise
Xchange’, he acknowledged that FinTech offerings will be one of the key
performance drivers for the Nigerian banking sector post-COVID-19. He also affirmed
that “The possibilities are endless for a sector that has been responsible for
over N700 trillion worth of transactions over the last 12 months. This trend is
expected to continue even in a post-COVID-19 world.”
He further mentioned that an
appreciable number of innovative solutions will be introduced in the payment
sector. The key drivers of these innovative solutions will include –
contactless payments, biometric solutions for financial inclusion and the
acceptance of Blockchain technology as a viable payment option.
Mr Bajomo hinted that the CBN,
through an inter-agency committee and the FinTech Association of Nigeria is
already exploring Blockchain adoption for the financial sector.
In his capacity at Access Bank,
Bajomo has led Access Bank’s digital transformation, overseeing the Bank’s use
of advanced analytics, cloud computing, artificial intelligence, machine learning
and robotics process automation to sustain banking and improve customer
experience.
As Africa’s ‘Gateway to the World’,
Access Bank continues to invest in digital innovation to drive trade and
accessibility to finance. For its dedication to leading technological
disruption in Africa, the Bank was recently recognised by Asian Banker as the ‘Best
Digital Bank in Africa’.
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