Friday, September 29, 2023
  • About Us
  • Events
  • Advertise
  • Contact
  • Login
  • Register
No Result
View All Result
The Wealth Today
  • Investments
  • Wealth Management
  • Technology
  • People
    • New Leaders
  • Impact Investing
  • Partner Content
  • Risk & Compliance
  • Exclusives
The Wealth Today
No Result
View All Result
Home Expert Insights

The lessons of 2020 are driving trends in business leadership and Fintech for 2021

The Wealth Today by The Wealth Today
February 4, 2021
in Expert Insights, Fintech
The lessons of 2020 are driving trends in business leadership and Fintech for 2021
Share on FacebookShare on Twitter

Widely acknowledged as one of the leading African entrepreneurs – and recipient of the Forbes Africa Award and Euro-knowledge Award in 2020, for his philanthropy – Mr. Ahmadu, founder and Chairman of Nigerian Fintech firm Innovate1Pay has called on business leaders to contextualize their 2021 strategies, in light of the lessons learnt from the disruption due to the COVID-19 pandemic in 2020. He emphasised the importance of people-centric leadership, and the financial inclusion enabled by Fintech, as key elements for an optimal economic recovery in 2021.

“2020 tested most business models severely. Leaders have had to rely on frequent and effective communication with their organizations”, said Mr. Ahmadu. “We have witnessed a more forensic attention to the details of business models, and tighter cost controls than before the pandemic. Under immense financial pressure, and few available options, businesses realized the importance of collaborative support, from partners and suppliers, as well as the true value of the human capital within their organizations and the goodwill of their customer base.”

“Managing businesses remotely has reinforced the value of innovation, empowering decision makers at all levels of an organization, and the transformative power of emerging technologies”, Mr. Ahmadu added.

Mr. Ahmadu further added “In Africa, where formal infrastructure can often be inadequate, Fintech played a prominent role in empowering migrant workers to send monies to their loved ones under lockdown. Civil society, especially the significant African diaspora, was able to come together and extend support to the needy, despite limitations on physical movement”.

“Fintech emerged as a prime example of the huge positives that appropriate innovation and technology deliver. But the implications are much wider. As the global economy reopens, the most important insight we can draw from 2020 is the impact of a people-centric approach and technology, to get us through an unprecedented crisis. Leveraging these strategies effectively will continue to be our strength, if we are to thrive in the new normal”, Mr. Ahmadu concluded.


Tags: financial inclusionfintech
Previous Post

Zurich appoints Penny Seach as Chief Underwriting Officer for EMEA

Next Post

Anglo-Gulf Trade Bank Disrupts Global Trade Banking with Fenergo

Next Post
Anglo-Gulf Trade Bank Disrupts Global Trade Banking with Fenergo

Anglo-Gulf Trade Bank Disrupts Global Trade Banking with Fenergo

Recent Tweets

  • About
  • Get Engaged
  • Events
  • Contact
  • T&C
  • Privacy Policy

© 2021 The Wealth Today

No Result
View All Result
  • Investment
  • Wealth Management
  • Technology
  • People
    • New Leaders
  • Impact Investing
  • Partner Content
  • Risk & Compliance
  • About
  • Events
  • Advertise
  • Contact
  • Exclusives
  • Login
  • Sign Up
  • Cart

© 2020 The Wealth Today

Welcome Back!

OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Add New Playlist