THE 19TH EAST AFRICAN BANKING SCHOOL

//THE 19TH EAST AFRICAN BANKING SCHOOL
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The Tanzania Institute of Bankers is pleased to announce that it will host the 19th East African Banking School from 12th – 16th August, 2019 in Arusha, Tanzania.

About the School

THE EAST AFRICAN BANKING SCHOOL is a Regional Conference organized jointly by Institutes of Bankers in Kenya, Tanzania and Uganda.

The banking school serves as a forum where bankers from the region, through presentation of researched papers by Top Bankers and other invited Speakers, dialogue on a range of issues that impact on their careers and the financial services environment in general.

The opportunity to be derived from such a forum for learning, interaction and networking with colleagues and experts from across the region and beyond is invaluable. It provides important personal and business contacts and a rare opportunity for valuable exchange of views in both a professional and social perspective.

The School’s Objectives

The major objective of the School is to raise the level of knowledge, competence, professionalism, integrity and confidence among the participants by:

  1. Bringing together employees, employers, regulators, policy makers and experts within the financial services to bridge the communication gap, promote co-operation, interaction and networking, exchange ideas and seek solutions to similar challenges within respective economic and banking sectors in a regional context.
  2. Updating their knowledge on the principles and practice of modern banking and finance.
  3. Making them aware of and appreciate the wider issues with which they have to deal with and equip them with the knowledge and skills appropriate to cope with their increased responsibilities.
  4. Enhancing their confidence through taking part in case studies and discussion groups, with special reference to business strategy and personal development. v. Helping them to meet the current challenges facing banking and financial services.
  5. Contributing to the development of highly skilled, professional and competent bankers in the region.

Main Theme: “The role of Ethics in the Digital Era of Financial Services”

Sub themes / topics discussed:

  • Digital transformation – the effects on performance for financial institutions
  • Lessons from Recent Tech Scandals and their applicability to the Digitization of financial services / role of oversight & regulation in the development of Fin techs.
  • Identifying and managing individual roles in a team
  • Role of organizational culture in managing innovation
  • New developments in Cyber crime / online fraud and other cyber security risks
  • Operational risk Vs putting the Customer first
  • Evolution of Ethics and its role in financial institutions
  • Role and importance of Corporate Governance in safeguarding Ethics.
  • Integrating the core values of financial services into Artificial Intelligence
  • Consumer Protection for financial service customers: A bench mark comparison among AAIOB Members States.

Key lessons learnt:

  • Digitization is the new driver of Banking just like in every other sector. I leant that the world’s most vital resource is “data” and not “Oil”. However it should be noted that not all technological innovations have worked out and financial institutions have to learn from the failed experiences.
  • Financial Institutions have to develop high Caliber leaders with capacity to inspire, motivate high performance teams to achieve organizational goals.(It is said that Culture eats strategy for breakfast and people being the greatest resource in any company have to go through a cultural transformation).
  • Learnt importance of ethics in Corporate Governance (focus on professionals who embody the values of prudence, transparency and integrity)
  • Leant about new Developments in Cyber crime / Online Fraud and measures being taken by Institutions to curb the vice. Question for all us: How well are we prepared to deal with it as UIBFS & its associated risks?
  • Effect of downsizing / outsourcing to cut costs but may impact on customer service quality. There is need to strike a balance..
  • Artificial Intelligence (future of Banking). Learnt to ensure that software coding is incorporated in organizational values and that these values are openly declared to customers.

NB: 19th EABS had a Master class conducted by Ms Tara Kenyon (Kentara Analytics) who provided the delegates with the basics of Credit Risk Modeling (cost effective tools to successfully measure financial risks and manage risks in Organizations)

Proposed Topics for the 20th EABS (2020)

  • Fin techs as a key driver of Financial inclusion
  • Emerging risks in the era of Financial inclusion
  • Data analytics and adoption in the financial sector
  • The future of Banking in the Digital Era
  • Legal frameworks in Financial Institutions

These are some of presentations presented by different individuals

ARTIFICIAL INTELLIGENCE BY GREGORY ALMEIDA

CONSUMER PROTECTION FOR FINANCIAL SERVICE CUSTOMERS by USMAN ISIAKA

CORPORATE CULTURE AND INNOVATIONS BY PETER KALANGWA

EVOLUTION OF ETHICS AND ITS ROLES IN FINANCIAL SYSTEM  BY Dr. IRENE ISAKA

FINANCIAL CONSUMER PROTECTION

NEW DEVELOPMENT IN CYBER CRIME ONLINE FRAUD AND CYBER RISK

OPERATIONAL EFFICIENCY BY Mr. JOSEPH

 

 

 

 

New Courses

Contact Info

Plot 10 Buganda Road, P.O Box 4986, Kampala, Uganda

Phone: (+256) 414-233628

Fax: (+256) 414-234259

Web: UIBFS

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