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With technology being the major driver of modern business, there is a need for consistent capacity development for professionals to cope with the business challenges, according to the President of Council (CIBN), Ken Opara, of Nigeria. He made this statement at the 2022 graduates’ induction and prize awards day held in Lagos.
With technology being the major driver of modern business, there is a need for consistent capacity development for professionals to cope with the business challenges, according to the President of Council (CIBN), Ken Opara, of Nigeria. He made this statement at the 2022 graduates’ induction and prize awards day held in Lagos.
Opara underscored that factors such as fintech, artificial intelligence (AI), robotics, blockchain, cryptocurrencies, cloud computing, and the Internet of Things (IoT) are driving these changes. The need for career development for professionals in today’s volatile, uncertain, complex, and ambiguous (VUCA) situation has become a very important subject that cannot be overemphasized, he added.
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Opara implored the inductees to stay connected to the institute to take maximum advantage of the various innovative initiatives from the Institute for their personal and career development. With technology disruption, industry focus should shift to the creation of careers around innovation, digital skills, and entrepreneurship to replicate the corporate mindset of fintech in all financial institutions (FIs).
