First Bank boss challenges banks on poverty reduction


Dr Adesola Adeduntan, CEO of First Bank

By Oluwafunke Ishola

Dr Adesola Adeduntan, Chief Executive Officer, First Bank Nigeria Ltd., has called on the banking sector to assist political leaders to address the issues of poverty reduction in the country.

Adeduntan made the call on Thursday in Lagos at a joint seminar for Banking and Telecommunications Regulators from the SSA Locations on Digital Products and Payment Systems.

Theme of the seminar was: “Advancing ePayment and Digital Innovations in Africa- Evolution of Nigeria’s Payment Systems”.

Adeduntan said it was imperative to bring more people into the financial system, adding that this would help governments better to plan and integrate services for the poorest of the poor.

He said that as the global financial industry grapple with digital technology, First Bank was at the forefront in Africa, reinventing itself and evolving various digital disruptions to advance its service and drive financial inclusion.

The bank…

Source: News Agency of Nigeria