Dubai, United Arab Emirates, 3 September 2019: Organized by Exoptrade Global, the ninth edition of the Middle East Banking Innovation Summit got underway today at Jumeirah Emirates Towers Hotel, Dubai.
Technology is the enabler of transformation. With the permeation of technologies such as artificial intelligence, IoT and blockchain in the BFSI industry, the future of banking has transformed significantly. Banking and financial services are redefining their services in line with the changing times and growing consumer needs. Against this backdrop, the program agenda of the Middle East Banking Innovation Summit covers over 20 sessions, including five panel discussions on the technological trends in the banking domain.
International speaker Abhijit Akerkar, Head of AI Business Integration, Lloyds Banking Group delivered the keynote presentation on ushering in the era of digital opportunity, followed by IBM guest speaker, Morteza Mahjour, industry veteran with over three decades of experience in driving business and digital transformation and execution excellence. He presented on enabling banks to thrive in a world of disruption.
Evans Munyuki, Group Chief Digital Officer, EmiratesNBD delivered a 20-minute presentation on Reconstructing the User-Experience Paradigm: Going Beyond the Opti-channel World. International speaker Johnson Poh, Executive Director & Head Enterprise Artificial Intelligence, United Overseas Bank – Singapore presented on the topic Getting Ready for Artificial Intelligence (AI) & Machine Learning in the Banking & Financial Services Industry.
The first panel discussion of the day involved seven senior IT heads and CIOs across the GCC engage in a discussion on using the next wave of digitalization to mitigate missing out on the unexplored market. Moderated by Stephane Malrait, Global Head of Market Structure and Innovation for Financial Markets, ING Bank – London, the discussion saw Ali Alomran, Chief Information Officer, Arab National Bank – KSA; Leen Al-Atassi, Head of Innovation, CEO Office, Oman Arab Bank – Oman; P.S Suresh, Head of IT Architecture & Strategy, Bank Muscat – Oman; Sanjeev Mulay, Chief Information Officer, First Abu Dhabi Bank; Shino Thomas, CIO & Head of PMO & Tech Transformation, National Bank of Oman – Oman and Sriram Srinivasan, Vice President – Financial Services Industry Lead, DarkMatter touched upon the technologies banks should be investing in to remain competitive in customer experience and how the banking regulations and legacy systems are affecting business.
Mr. Brad Hariharan, Regional Director, Expotrade Middle East, said, “The Middle East Banking Innovation Summit is one of our flagship conferences – every year we have strived to make this platform bigger and better. This year around, we have brought together over 55 international and regional banking and technology-focused experts as speakers to share insights on the fintech trends that are set to transform the banking industry along with the challenges and the roadmap for the region.”
The panel discussion on data-driven digital transformation moderated by Pawel A. Stefanski, Financial Services Sector Leader, IBM Middle East and Africa, with banking experts Ebru Jouzy, Regional Head of Global Risk Analytics, HSBC; Johnson Poh, Executive Director & Head Enterprise Artificial Intelligence, United Overseas Bank – Singapore; Paolo Barbesino, SVP & Head of Multichannel Banking, EmiratesNBD; Ross Mcnaughton, Head of Group Information Security, Ahli United Bank – Bahrain and Syed Mohammad Naqvi, Head of Data and Analytics, Al Hilal Bank and Africa discussed at length the importance for banks to keep up with the ever-increasing rate of digital transformation, how banks are reacting to emerging customer trends and the future of banking.
Over 450 senior bankers based across the GCC region attended the event on the first day. The event has the support of over 40 leading organizations with IBM as the lead sponsor, Comarch as the platinum sponsor and Canon as the titanium sponsor, along with many others banking technology focused companies that will be showcasing its latest technological solutions tailored for the banking industry.
More information on the event is now available at https://www.bankinnovation-me.com/.
Expotrade is a global conference and event organizer with its head office based in Melbourne, Australia and a regional office in Dubai, United Arab Emirates. Expotrade has delivered some of the largest, most successful B2B industry conferences and events. For almost 15 years, our unique blend of knowledge, experience and flexibility has accomplished an array of consistently top quality events. Today, Expotrade events enjoy such a distinctive edge, they are amongst the best patronized in the calendar.
For more information, visit www.expotradeglobal.com
Expotrade Middle East FZ-LLC
© Press Release 2019