Standard Chartered Bank (SCB) has re-emphasized its commitment to the growth of its clients in the business of finance.
As main sponsor at the 2020 Association of Corporate Treasurers (ACT) workshop in Lagos earlier this month, the bank expressed some of its propositions and solutions to advance businesses.
- NIA expels IGI, Niger insurance, Standard Alliance over claim defaults
- The importance of Business Impact Analysis
- Meter producers seek access to forex for business survival
- Maritime insurance: Long road to travel before Nigeria can play in…
- World Bank, IMF set up group to drive recovery, growth in the face of COVID-19
According to a statement from the bank, Lamin Manjang, chief executive officer, Standard Chartered Bank Nigeria, spoke about SCB’s collaboration with ACT in various geographies on Treasury Thought leadership.
Manjang was noted to have extensively shared in his speech, the bank’s digitisation proposition agenda and various projects and solutions being developed by the bank’s global innovation entity, SC Ventures.
“SC Ventures acts as a platform and a catalyst for promoting innovation; investing in disruptive financial technology and exploring alternative business models,” Manjang was quoted to have said.
He added that till date, SC ventures has developed over 40 proofs of concepts in the digital space, several of which are now being commercialised by collaborating with its clients either directly or in co-creation platforms with technology partners to differentiate and grow their businesses.
Lamin also stated that the company is at the forefront of providing first in class solutions and services, “such as our automated award-winning Liquidity Management solutions which provides seamless flows, cost saves, yield enhancements and reporting for our valued corporate clients. For us, this sponsorship serves as one of the many ways we continue to reiterate to our clients and stakeholders within the sector that we are committed to their business growth and here for good.”
Omolara Adenusi, head of Cash SCB Nigeria, was noted to have further emphasised the importance of the evolving role of treasurers, as key partners in strategic decision making in organizations. Adenusi also highlighted the importance of digitalization in driving the transformation agenda for Corporate Treasurers. She noted that the Bank offers liquidity management solutions which are specifically tailored to the needs of organisations.
The ACT workshop was titled “Treasury Excellence as Standard.” It was held in Eko Hotel & Suites, Lagos, on February 5th, 2020, and attracted a cross section of delegates from local corporates, multinationals and multi-lateral organizations.
The presenter and chief executive of ACT, Caroline Stockmann led discussions with treasurers on some of the pertinent issues impacting Treasurers and Chief Financial Officers globally today. She also shared her insights into leadership, communication, strategic influence and the digital impact on treasurers.