The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele; and the Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba, will lead other experts on discussions on global economic trends at this year’s UBA Group International Banking Conference.
The four-day conference, which opens today at the New York Hudson River, United States, will be hosted by UBA America – the US branch of Africa’s Global Bank.
The event, according to a UBA statement yesterday, will see the convergence of senior representatives from leading African banks, sovereigns, central bankers and key players in the US financial landscape.
Other speakers include the Executive Director UBA Group/CEO UBA America, Sola Yomi-Ajayi; Director & Global Head Trade Finance, Afrexim Bank, Gwen Mwaba; Director, Regulatory and Finance Crimes Compliance, Exiger, Derik Riesche, and a host of other financial, non-financial and compliance experts.
“Participants will seek to address pressing financial challenges while also brainstorming on solutions to the industry’s key challenges and opportunities. They will also explore correspondent banking innovations in a rapidly evolving international banking ecosystem.
“Other issues around correspondence banking, Trade Finance, US Dollar clearing & payments, cross-border and transit payments will also be discussed at the conference,” the statement said.
Participants will seek to address pressing financial challenges while also brainstorming on solutions to the industry’s key challenges and opportunities.
The Host, Yomi-Ajayi, said delegates will also have the opportunity to network while also acquiring tactical strategies to transform their correspondence banking initiatives and unlock new business opportunities.
She said: “Given our presence in key global financial centres particularly in New York where UBA is the only African Bank with a US Federal Banking license, UBA is providing much needed Correspondent Banking solutions to African Financial Institutions thereby contributing to the development of Africa and providing access to global financial markets.
“Through this conference, we are bringing together bankers from Central and Commercial banks across Africa, as well as experts from the US financial services industry to brainstorm key challenges and innovations in a rapidly evolving international banking ecosystem.”
She added that “…UBA is not just about banking; we are committed to ensuring sustainability of the African continent through promotion of financial inclusion, forging strong partnerships while also contributing to the development of sustainable financial markets on the African continent.
An international conference such as this demonstrates our commitment to Africa, facilitates knowledge sharing and capacity building for African institutions,” she added.
