WEF appoints Diamond Bank its forum member adviser

Making it the first ever Nigerian company to be such

Chiamaka Enendu | Tuesday, 09 January 2018 1:46pm | economy

The BusinessPost

Diamond Bank on Tuesday announced its appointment as a Forum Member Adviser to the World Economic Forum (WEF).

The bank made this announcement in a statement on Tuesday making it the first ever Nigerian company to be made a World Economic Forum (WEF) Adviser.

According to the Statement, “Membership is on an invitation only basis and is extended only to the most dynamic businesses that are using tech-driven disruption to drive growth,” the statement explained.

Following the appointment, the Chief Executive Officer of Diamond Bank, Uzoma Dozie, is scheduled to speak on a panel at an interactive workshop session entitled: “A Shared Vision for Financial Inclusion,” on January 24 at its annual meeting and will partake in discussions on themes including promoting financial inclusion, Nigeria’s emerging technology-enabled entrepreneurial culture, amongst others.

“I am delighted that Diamond Bank was invited to join as a Forum Member Adviser of the WEF as it is testament to our status as one of Nigeria’s leading innovators. I am also thrilled to be attending this year’s annual meeting in Davos, where I will be presenting my views on the three key areas of financial inclusion, Nigeria’s positive outlook and the future of banking.

“In particular, I will be sharing Diamond Bank’s experience in the financial inclusion space where our Beta Proposition and Diamond Yello Account have made significant inroads in bringing previously un(der)banked people into the financial system. It will also be an opportunity to highlight the transformative role of technology and data in enhancing financial inclusion in a country of 180 million people where nearly half do not have a bank account.

“I will also be passionately championing the success of increasing numbers of technology-enabled entrepreneurs and the culture of innovation that is taking hold in Nigeria, particularly Lagos. This innovation is leading to a new wave of business leaders that are shaping the Nigeria of tomorrow, as well as helping fuel economic growth today.

“Despite historic challenges, I will also use the World Economic Forum Annual Meeting as a platform to promote Nigeria’s excellent fundamentals and its recent progress”, the Chief Executive Officer said.