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Access Bank CEO, Herbert Wigwe lists gains of technology in banking

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Access Pensions, Future Shaping

UNITED STATES, OCTOBER 1, 2018 – The Group Managing Director of Access Bank Plc, Herbert Wigwe, has re-emphasised the bank’s commitment to improving banking practices by leveraging technology.

He stated this during his meeting with Satya Nadella, the Chief Executive Officer of Microsoft in Seattle, United States last Thursday.

Access Bank recently announced a five-year strategic plan focusing on enhancing Africa’s position in the global community; and the meeting with Satya Nadella is a step in the right direction

“Africa is experiencing a massive growth in wider access to and adoption of technology, especially in improving businesses processes and lifestyle as well as optimum use of resources. However, we still realise that there are still untapped and immense opportunities, to provide essential and well-secured channels for transactions using technology to raise the standard of banking services in Africa, while understanding the socio-economic dynamics of the countries,” said Wigwe.

Nadella said: “I want Microsoft to enable outfits like Access Bank to innovate digitally and grow their business exponentially.”

He noted that only two entities are capable of being the Alibaba of Nigeria – A massive retail operation or a large financial institution. “We need partners like you who have deep ambition for exceptional customer service.”

“We will be delighted to form a deeper relationship with Access Bank to drive innovation, and by extension exceptional customer experience in the African financial services space.”

Access Bank through this partnership with Microsoft has already begun its five-year mission to enhance the perception of Africa by drawing the attention of the global community to the indigenous products of Africans – their rich history, people, culture, art, and lifestyle – while providing channels where businesses can fully participate in commercial activities globally. The bank has consistently positioned itself to lead the innovation conversation among financial institutions by leveraging on technology to provide fast, secure, and reliable banking experience for customers within Nigeria and the African Continent.

Access Pensions, Future Shaping
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