Shobo To Speak On Financial Inclusion

Deputy Managing Director of First Bank, Gbenga Shobo, will be speaking on the potentials of financial inclusion in growing the informal sector.

He will be speaking on the theme: Financial Inclusion: Unleashing the Potential in the Informal Sector, during the first day of a plenary session of the “Banks of the Future in Africa” conference, taking place in Johannesburg, South Africa.

“Banks of the Future in Africa” conference is a retail-oriented summit in its second edition as part of Efma’s Pan African Summit series. The two-day event will convene a panel of speakers – all senior bank executives from over 20 countries, to discuss and share ideas on the best ways of building retail financial services in the African region.

The conference will also focus on strategic and practical topics such as retail financial services for individuals, families, micro-enterprises and SMEs. Physical and mobile strategies will be reviewed and the most noteworthy innovations will be analysed in detail.

“As Nigeria’s foremost retail bank and in line with our strategy to drive financial inclusion in the informal sector, First Bank has created an ecosystem to bank the financially excluded by partnering with government, NGO, and other private sector users to increase usage of our agency banking network and mobile banking offerings to low income earners,” Shobo said.