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HDFC Bank unveils organisational changes to power future growth


HDFC Bank unveils organisational changes to power future growth
April 30, 2021
The bank aims to digitally transform to ‘capitalise on opportunities’   -  SHAILESH ANDRADE×
Creates 3 new areas; business verticals, delivery channels, technology/ digital
The country’s largest private sector lender HDFC Bank on Friday unveiled organisational changes under ‘Project Future – Ready’ for its next wave of growth.
“The bank is reorganising itself into three clear areas of Business Verticals, Delivery Channels and Technology/ Digital to further build its execution muscle and be ready for the future,” it said in a statement, adding that the creation of focused business verticals and delivery channels will enable it to capitalise on the opportunities across customer segments in the time to come. ....

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Access Bank Realigns for Growth, Digs Deeper into Global Market


BUSINESS/MONEY
Recently, Access Bank Plc engaged its investors on its ambitious plans to further cement its hold on Nigerian, African and global markets at a period when other Nigerian players are still grappling with the challenges of COVID-19 on business and economy. In this report, Festus Akanbi examines the plans laid before investors and finance industry operators
It is indeed a tough time for all the sectors of the economy globally. In Nigeria, it is tougher for service providers, who have to endure the growing customers’ frustration amidst a biting economic recession. And for the Nigerian banks, and other providers of essential customer-driven products and services, the pressure is in many folds, no thanks to the devastating effects of COVID-19 which are forcing government and private sector operators to keep adjusting their plans and processes. ....

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