Wednesday, 8 July 2020
12pm London | 1pm Johannesburg

Steering Through the Uncertainty Facing African Banks

Corporate needs are evolving in a new reality. Here’s how banks need to re-think their approach.

In partnership with

Why attend

Even before the spread of the virus, some African banks were already facing a negative outlook, due in part to global economic difficulties. Corporate Banks in sub-Saharan Africa now face a new, unfolding environment. An environment where clarity around working capital has become essential to economic restoration especially in some of the largest and fastest growing economies in the region – South Africa, Nigeria, Ethiopia and Angola.

Corporates and their banking partners are at the heart of this recovery.

And while some African countries are better poised for resilience, this has placed a greater impetus on African banks to re-think their capabilities in order to meet their clients’ new, evolving pain points. This, in turn, has exposed critical gaps in banking capabilities – the first of which is a glaring need to ramp up digital capabilities.

Join Oracle Financial Services and other industry leaders, in the second webinar of our Capital Clarity Series, designed to arm banks with the capabilities to meet their clients’ growing pain points.

The key take-aways

Decipher the impact on both African banks and supply chains

Address expectations and preparations for recovery

Examine critical actions that African banks and their Corporate customers need to take

Examine new digital capabilities to drive agility and dynamic insights for better working capital clarity

The webinar panel

Click to view full speaker details

Samantha Springfield, Senior Manager: Market Operations & Analysis Financial Markets Department | South African Reserve Bank

Samantha has spent 18 years in the central banking environment. Her experience ranges from Economic Research; International Economic Relations; and Financial Markets. Samantha spent a period of time in the private sector, as a Fixed Income/Financial Markets Economist. In her time at the SARB, Samantha has been exposed to many policy issues, ranging from monetary policy to financial stability and the management and accumulation of foreign exchange reserves.

Currently Samantha is a Senior Manager, responsible for the Monetary Operations and Analysis Division in the Financial Markets Department at the SARB. In this role, Samantha oversees the domestic market operations, foreign exchange operations and investments and financial market analysis. This area of the SARB is responsible for implementing monetary policy decisions of the Monetary Policy Committee (MPC); participating in the foreign exchange markets; acting as a funding agent for Government and promoting the effective functioning of the domestic financial markets.

Prior to her role in Financial Markets, Samantha was the Senior Specialist and later Senior Manager in the International Economic Relations and Policy Department, overseeing the SARB work in the G20; BRICS; and International Financial Institutions.

Samantha has a Masters degree in Economics from Rhodes University, Grahamstown, South Africa.

Vinod Madhavan, Group Head: Trade | STANDARD BANK

Vinod Madhavan is currently Group Head: Trade, Standard Bank. In this role he is responsible for delivery of Trade across the Group, in a manner allowing Standard Bank to show up as an integrated financial services organization, wherever they are based and whichever client segment they are servicing. Standard Bank franchise (spanning 20 markets in Africa) offers trade and supply chain finance services and solutions, to clients in Institutional, Corporate, Commercial, Business and Enterprise client segments.

With c. 25 years’ experience in commercial banking, Madhavan has worked with corporations and financial institutions to address their transaction banking and working capital financing needs in Africa, Asia and the Middle East. Before joining Standard Bank in Jan 2014, he worked for Standard Chartered, Citibank and Deutsche Bank. Madhavan’s career has spanned roles in operations, product management, sales and business head positions operating from Singapore, India and South Africa.

He is passionate about driving SEE (Social, Economic and Environmental) outcomes, esp., by driving thought leadership in the space of Trade and working capital financing, leveraging Standard Bank’s legitimacy in Africa. He is a member of the Advisory Board of ICC (International Chamber of Commerce) Banking Commission. ICC Banking Commission is the world’s essential rule-making body for banking industry, having gained reputation globally, for being the most authoritative voice in Trade Finance. He is currently the Vice-Chair of BAFT-Global Trade Industry Council.

Vinod Madhavan holds a Bachelor degree in Engineering from the Indian Institute of Technology (IIT) Madras, India, and did his post-graduate studies in business management at the Indian Institute of Management (IIM) Ahmedabad, India.

Thendo Mulaudzi, Head: Transactional Banking – Africa | RAND MERCHANT BANK

Thendo heads up Transactional Banking Africa at Rand Merchant Bank (RMB). RMB is the corporate and investment division of FirstRand Limited, the largest listed financial services group (by market capitalisation) in Africa. The Group is listed on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX).

In this role he drives the Rest of Africa strategy for Transactional Banking. Ensuring that the in-country transactional banking team is sufficiently capacitated to improve its sales momentum discipline and drive a consistent customer experience in Rest of Africa. He also drives sales in South Africa for the benefit of Rest of Africa franchises - overseeing product and channel enablement across Rest of Africa franchises.

Prior to joining RMB Thendo was a Transactional Banking Sales Manager for South Africa based clients at Standard Bank. His previous roles at Standard Bank includes Regional Product Manager – Trade Finance for South and Central Africa Region and prior that he was a Trade Finance Product Manager at Citibank.

He holds a Bachelor of Commerce degree from University of the Witwatersrand, an Honours degree in Bachelor of Commerce from University of South Africa.

Vimal Kumar, Chief Executive Retail & Business Banking and Chief Digital Officer | ABSA

Vimal is the Chief Executive of Retail and Business Banking; Digital and Customer Experience (RBB, Digital &CX) for Absa Regional Operations, at Absa Group Limited overseeing RBB franchises across nine markets: Zambia, Botswana, Ghana, Kenya, Uganda, Mozambique, Tanzania, Mauritius and the Seychelles.

Vimal joined the Group as Head of Lending in 2011 based in Dubai, providing strategic leadership achieving profitable growth in the Consumer Lending and Credit Card businesses. Additionally, he was instrumental in the expansion into new segments and markets for the business

Vimal has over 26 years of experience in Business Banking, Credit Cards, Consumer Loans, Retail Liabilities and Wealth Management and has worked with leading banks including Standard Chartered, ANZ Bank, ABN AMRO in Asia, Middle East and Africa.

He has served as an Advisor on the CEMEA board for VISA, the International Advisory Board of UnionPay International and member of the APMEA Chip Sub Committee of MasterCard International. He speaks on Consumer Banking and Payment for global organisations such as the Lafferty Group, Fleming Group and European Financial Management & Marketing (EFMA).

Loyiso Manjezi, Head of Treasury and Risk | TRAXYS

Ray Moodley, Senior Director, Africa | ORACLE FINANCIAL SERVICES

Ray is the Senior Director of Banking for the Africa and Pakistan regions for Oracle Financial Services. He has worked within the Banking and Financial Services industry across the African continent as well as global markets for more than 20 years. He has been responsible for building teams and revenue for leading banking technology companies namely ACI Worldwide and Temenos within the Financial Services industry and also with other technology firms such as Microsoft and IBM. He has additionally taken global responsibility for scaling up Fintech startups and has tremendous experience leading diverse teams across various geographies within the industry. He is passionate about Fintech and the impact we will continue to have in banking and society at large.

Parag Ekbote, Head Business Development - Corporate Banking for APJMEA | ORACLE FINANCIAL SERVICES

Parag is a proven leader and comes with over 20 years of banking technology experience. He has been responsible for building and rapidly scaling businesses for leading banking technology companies namely, Fundtech, Misys (both part of Finastra) and Intellect Design across APAC, ANZ, EMEA and South Asia markets. Parag comes with a deep domain understanding of the Corporate and Transaction Banking market and has been a regular speaker at industry forums such as SIBOS, The Asian Banker Summit, Euro Finance, and the ICC Summit among others.

He has a good understanding of Transaction Banking, Cash Management, the payments domain in Corporate Banking, and Retail Lending in Consumer Banking.

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This webinar is in partnership with

Oracle Corporate Banking Solutions: Helping Banks Clear a Path to Capital Clarity
A fundamental approach of our Corporate Banking product suite is to equip banks with modern, componentized solutions that enable them to drive better working capital clarity, and in turn build impactful relationships with their Corporate customers.

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