Page 83 - ICE BUSINESS TIMES December 2019
P. 83

Event




             Bangladesh                                                        Maimun      Bindra, Digital

                                                                                    By
                                                                                           Transformation &
             Fintech                                                           Mustafa     BlockChain Expert, Author
                                                                                           of the Tech Whisperer
                                                                                           stating his keynote on
                                                                                           “Blockchain &
             Summit 2019                                                                   Cryptocurrency”, Shilin Wu,
                                                                                           Global Business Manager of
                                                                                           Zoloz Solution Architect,
                                                                                           Ant Financial Services
                                                                                           Group and Lauren Liang,
                                                                                           Head of Strategic
              Shaping                                                                      Partnerships – Innovation,
              the                                                                          LumenLab, MetLife
              Future of                                                                    Innovation Centre. Jaspreet
              Finance                                                                      Bindra captivated the
              for                                                                          audience by demystifying
              People                                                                       blockchain technologies but
                                                                                           mentioned that they were
                                                                                           not a here-and-now
                                                                                           technology yet.
                                                                                           Nevertheless, companies
                                                                                           should invest in to benefit
                                                                                           in the coming years.
                                                                                           Some of the eminent panel
                                                                                           members of the summit
                                                                                           were: Md. Abul Kalam
                                                                                           Azad, Principal Coordinator,
                                                                                           Sustainable Development
             The first Bangladesh      and failure with present   Financial Services Industry   Goals, (SDG) Affairs, Prime
             Fintech Summit 2019 was   and aspiring fintech      Leader, Deloitte South Asia   Minister’s Office,
             held on November 23,      companies. Additionally, it   stated,”Fintechs have   Government of the People’s
             2019, to bolster the growth   provided a space for   changed how financial    Republic of Bangladesh,
             of the Fintech Industry in   entrepreneurs to initiate   services are structured,   Anubrata Chakrabarti,
             the country. The promoters   policy dialogue for the right   provisioned and consumed,   Partner Deloitte Touche,
             of the event, the         policy framework for future   they have laid the    Tohmatsu, India LLP, Rahel
             Bangladesh Fintech Forum   fintech companies to thrive   foundation for future   Ahmed, Managing Director
             believes that fintech will be   sustainably. Overall this   disruption and set the pace   and CEO, Prime Bank
             one of the key industries   initiative envisioned to   with which incumbent   Limited, Mashrur Arefin,
             that will play a role in the   nurture the fintech   financial institutions need   Managing Director & CEO,
             development of Bangladesh   ecosystem so that the   to respond to customer    City Bank Limited, Md.
             towards its goal and thus   nation reap the full benefits   expectations.” Shariful   Arfan Ali, President &
             the Fintech Summit 2019   of Global Fintech         Islam, Founder & Managing   Managing Director, Bank
             will act as a catalyst in that   momentum.          Director of Bangladesh    Asia Limited, Ali Reza
             space. The day-long event   4 keynote sessions were the   Brand Forum reaffirmed   Iftekhar, Managing Director
             was organized by          primary highlights of this   this by adding, ”Fintech   & CEO, Eastern Bank
             Bangladesh Brand Forum    conference with two       and financial innovation   Limited had a lively
             and was attended by more   additional 2 Insight     will play a pivotal role in   discourse on Banking in the
             than 300 financial        Sessions and 5 Panel      pursuing inclusive and    Digital Age where issues
             professionals across the   Discussions involving    sustainable progress for   such as trade-offs between
             country.                  international and local   Bangladesh.”              regulatory guidelines and
             The theme for the summit   industry leaders. Moreover,   The 4 international keynote   bank high overheads came
             was ‘Shaping the Future of   the itinerary included 1   speakers for the summit   to light. The other sessions
             Finance for People’ with the   Insight Session, 1 Case   were: Sanjoy Datta,   discussed fintech trends,
             goal to provide           Study presentation and two   Financial Services Industry   future of payments, digital
             collaborative space to    Breakout Sessions. In the   Leader, Deloitte South Asia   lending, financial inclusion,
             fintech companies to      opening speech of the     who spoke on the ‘Global   digital identity, and ideal
             exchange learning, success,   summit Sanjoy Datta,   Fintech Trends’, Jaspreet   regulation issues.

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