Innovation at Standard Bank
Standard Bank is nominated in the Transformative Innovator of the Year category at the Qorus-Infosys Finacle Banking Innovation Awards 2024. We asked the bank to present its strategy and actions in terms of innovation.
Standard Bank is nominated in the Transformative Innovator of the Year category at the Qorus-Infosys Finacle Banking Innovation Awards 2024. We asked the bank to present its strategy and actions in terms of innovation.
Why do you consider your company a Global Transformative Innovator?
Our purpose is Africa is our home we drive her growth. Standard Bank Personal and Private Banking (PPB) believes that innovation to drive growth needs to be at the core of our daily work. This is why we have federated our structure into cross functional, autonomous teams that focus on client's needs (building and running solutions). These teams are empowered and supported to listen to customers, make decisions quickly, come up with new solutions for clients and implement these. This model enables innovation at speed and scale unlike other providers. We have iterated on this model over the period of 5 years, and it is showing excellent results as evidenced by our highly growing client base across the continent.
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