Executives require more than just strategic vision to excel in today’s financial services industry.
The global financial crisis has brought increasing scrutiny from regulators and investors across the world.
Combined with digital disruption, new technologies, and a high profile conduct agenda, financial institutions face a number of challenges to continued growth.
Today’s boards and executives need to foster a culture of transparency and reduced risk, whilst leveraging new technologies to improve operational efficiency and cut costs.
The financial services industry in South Africa is highly competitive and as technically sophisticated as any in the world.
Backed by sound regulatory and legal framework, the financial services sector is rapidly growing and is home to both local and international institutions. The industry is one of the largest contributors to the South African economy. Looking further afield, with the growth of other African economies, the financial services industry is rapidly expanding. Financial institutions moving into these markets are working hard to find new and innovative ways to attract customers in each region. The rapid penetration of mobile technology has aided the growth of the industry.