BusinessDay 22 Aug 2018

14
BUSINESS DAY
COMPANIES & MARKETS
C002D5556
Wednesday 22 August 2018
Experts at Stanbic IBTC
Bank forum canvases right
model for human capital
development
HOPE MOSES-ASHIKE
In a rapidly changing
world, more so in the
digital space, finding the
right models to anchor
human capital development
will remain a paramount
determinant of corporate success.
This thinking underscores
the Workplace Banking Seminar’
organized by Stanbic IBTC
Bank Plc, a member of Stanbic
IBTC Holdings PLC, in Lagos.
The seminar, with the
theme ‘The Future of Work and
the Role of Human Capital’, attracted
participants from both
the public and private sectors,
including Human Resources
Managers, Financial Service
Institutions, Insurers, Fintechs,
Government Agencies, Regulators,
Private Equity and Venture
Capital firms, amongst other
players from diverse fields.
In his opening comments,
Chief Executive, Stanbic IBTC
Bank PLC, Demola Sogunle,
said by settling for a theme that
seeks to unravel the future of
work, the organization aims to
prepare and equip its clientele
for future success. Employee
experience, just like customer
experience, is imperative to
drive corporate success. Therefore,
workers must be sufficiently
motivated, engaged and
empowered, he stated.
This objective underlines
the numerous stakeholder
engagements organized by
the Stanbic IBTC Group to
provide a platform to connect
with clients and avail them with
information to make informed
decisions. As an institution
designed to meet the financial
needs of customers at every
phase in life, Sogunle said the
group would continuously offer
value propositions to move
people and businesses forward.
Guest speaker, Boye Ademola,
noted that the whole
essence of digital application
is to create intrinsic value. Any
technology that does not generate
value is worthless. Besides,
value cannot be created without
commensurate talent.
Ademola, who is Partner &
Lead for Digital Transformation
Technology at KPMG,
stated that the future of work
has three crucial dimensions:
workforce, workspace and
work culture. These three elements
are critical to attract
the millennials, who would
constitute the bulk of the future
workforce. Nigeria for instance,
has over 90 million of its population
under 30 years of age and
as the population increases,
they would naturally trigger
change. Already, the average
age of millennial CEOs is in the
30s. In meeting the demands of
the future, there is the need for
a paradigm shift from today’s
work structure. Critical factors
to drive this change include
focus on value creation, agility,
co-creation, co-option of
millennials and appropriate
operating models.
The ‘Workplace Banking
Seminar’, now in its fourth
edition, comes on the heels of
the Bank’s hugely successful
financial planning sessions for
Enterprises. The seminar hosts
HR Heads drawn from various
sectors and focuses on topical
HR issues with a view to equipping
the audience with vital
skills and knowledge aimed at
impacting Employee/Business
efficiency, productivity, profitability,
continuity, growth and
sustainability.
Nkolika Okoli, head, Personal
Banking, Stanbic IBTC
Bank PLC, said the Bank is
constantly trying to add value,
which goes beyond providing
banking services to its
customers. By looking at the
whole spectrum of financial
literacy drawn from the Stanbic
IBTC Group expertise, Okoli
stated that Stanbic IBTC Personal
Banking business aims
to equip Individuals with the
knowledge required to attain
financial freedom before retirement.
Babatunde Macaulay, executive
director, Personal & Business
Banking, Stanbic IBTC
Bank PLC, who gave the vote
of thanks, said as a member
of the Standard Bank Group,
Africa’s largest bank by assets
and earnings, Stanbic IBTC
will continue to leverage on the
155-year experience, expertise
and strong financial clout of
the mother brand to deliver superior
sustainable shareholder
value by meeting the needs of
its clientele. “Our main goal is
to continue to render best-inclass
service to our customers
who cut right across Nigeria’s
socio-economic spectrum and
play a leading role in supporting
individuals, businesses and
the Nigerian economy,”
Ecobank rewards customers in Xpress
account giveaway Campaign
HOPE MOSES-ASHIKE
Customers of Ecobank
are getting rewarded
for using their Xpress
Account and transacting
at Xpress Points in their
neighbourhoods
Philip Sonibare, the bank’s
head of direct banking said the
offer simply rewards customers
for transacting on their Ecobank
Xpress account. He said
there are also instant gifts for
transacting at Ecobank Xpress
Points across the country.
Responding to media questions
in Lagos, he explained
that the “Xpress Account Giveaway
rewards customers who
have opened an Xpress account
via the Ecobank Mobile
app or USSD code- *326#. Our
checks show that many customers
have opened Xpress
account in the last few weeks as
a result of the reward scheme.
Opening the account is simple,
without documentation or any
need to visit the bank”.
Sonibare emphasized that
“with the Xpress account,
one can buy airtime, transfer
money to any bank account
in the country, deposit and
withdraw cash at any Xpress
Agent Point, do cardless withdrawals
(XpressCash) at either
an Ecobank ATM or Xpress
point location, as well as pay
regular bills.”
On the dynamics of the
promo, Sonibare said, “the
reward is in two categoriescash
back and instant prizes
at Xpress points. To be eligible
for the cash back, customers
need to make 3 transactions a
week (cumulative minimum
of N3, 000) to get cash back
of N500 at the start of the following
week. Customers who
visit any of our Xpress points
to carry out transactions will
also receive instant free gifts
provided the transaction value
is up to N2, 000”
He affirmed that customers
could win as often as they
transact as long as they meet
the minimum requirements
to qualify.
Quickteller rewards 195 customers in
new delight promo
Quickteller, a leading
portal for everyday
payments in Nigeria
has rewarded some
of its esteemed customers at
the Quickteller Delight promo
draws held at the Interswitch
Group head office in Lagos.
Quickteller Delight promo is
a reward initiative deliberately
designed to give back to customers
who have consistently
made essential payments via the
Quickteller website and mobile
app. Staying true to Quickteller’s
value proposition of making
everyday payments easy, a total
of 195 customers emerged as
winners in eight categories via
transparent electronic draws in
line with predefined eligibility
criteria.
The eight promo categories
were: electricity payments,
cable TV subscriptions, fund
transfers, toll payments, broadband
internet payments, betting
wallet funding, domestic flights
payments and airtime recharge.
Prizes won were threemonths
DSTV premium subscription
for 40 winners, threemonths
broadband internet
subscription for 40 winners,
N20,000 e-Tag credit for 20 winners
and N50,000 cash prize for
20 winners. Other prizes were
N80,000 domestic flight tickets
for five winners, N10,000 betting
credit for 40 winners, N19,200
electricity credit (post-paid and
pre-paid) for 10 winners and
N15,000 airtime value over three
months for 20 winners.
Speaking at the draws,
Group Head, Digital Payments
(Product and Marketing Management)
at Interswitch, Adetayo
Teluwo stated that the
promo is an expression of the
company’s appreciation to
the customers. He said: “Our
business revolves around our
customers and we fully understand
they are the centre of our
universe. We really cannot do
much without their consistent
trust and belief in our offerings
by way of patronage and loyalty.
We owe it to our extensive biller
network to continue to grow
their business volumes. Quickteller
Delight is a commitment
on our part to fulfil our ‘everyday
payments made easy’ mandate”.
Maduabuchi Nnaji who
won N50, 000.00 in the promo
said his excitement knew no
bounds when he was contacted
as one of the winners. “When I
was making the transaction via
Interswitch, I didn’t believe I
was going to win. Thank you
very much. I am very happy,”
he said. The draws were conducted
in the presence of representatives
of the National Lottery
Regulatory Commission
(NLRC), Customer Protection
Council (CPC) and the media.
The Quickteller Delight
promo ran from April 16 to July
31, 2018 and offered customers
an opportunity to choose
the category within which they
wanted to be rewarded.
Quickteller, Nigeria’s leading
consumer payments portal
and one of the flagship payment
brands of Interswitch, is a
seamless, digital payments and
commerce platform offering
convenient access to an array of
lifestyle services and utility payments
via channels that matter
to our diverse customers.