Diamond Bank gets forum Member Adviser appointment at WorldEconomic Forum

Diamond Bank plc on Monday has announced it appointment as a Forum Member Adviser to the World Economic Forum (“WEF”). The new appointment of one of the Nugerian lender makes the bank becomes the first Nigerian company and only the second African company to join the prestigious forum

The Forumaims to shape global, regional and industry agendas to deliver WEF’s mission of improving thestate of the world. Diamond is the first Nigerian company and only the second African company to become a WorldEconomic Forum Adviser.

Membership is on an invitation only basis and is extended only to themost dynamic businesses who are using tech-driven disruption to drive growth. CEO of Diamond, Uzoma Dozie, will also attend the WEF Annual Meeting in Davos to discuss anumber of key themes including: promoting financial inclusion, particularly amongst women;Nigeria’s emerging technology-enabled entrepreneurial culture and Lagos as a hub forinnovation; and the role of digital, technology and data in transforming banking.

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Mr Dozie is scheduled to speak on a panel at an interactive workshop session entitled A SharedVision for Financial Inclusion at 1530 on Wednesday 24 January at the Congress Centre, Jakobshorn.

Commenting on the appointment and his attendance at the World Economic Forum’s Annual Meeting, Diamond Bank’s CEO Uzoma Dozie said: “I am delighted that Diamond Bank was invited to join as a Forum Member Adviser of the WorldEconomic Forum, as it is testament to our status as one of Nigeria’s leading innovators. I amalso thrilled to be attending this year’s Annual Meeting in Davos, where I will be presenting myviews on the three key areas of financial inclusion, Nigeria’s positive outlook and the future ofbanking.

“In particular, I will be sharing Diamond Bank’s experience in the financial inclusion space whereour Beta Proposition and Diamond Yello Account have made significant inroads in bringingpreviously un(der)banked people into the financial system. It will also be an opportunity to highlight the transformative role of technology and data in enhancing financial inclusion in acountry of 180 million people where nearly half do not have a bank account.

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“I will also be passionately championing the success of increasing numbers of technology-enabled entrepreneurs and the culture of innovation that is taking hold in Nigeria, particularlyLagos. This innovation is leading to a new wave of business leaders that are shaping theNigeria of tomorrow, as well as helping fuel economic growth today.
“Despite historic challenges, I will also use the World Economic Forum Annual Meeting as aplatform to promote Nigeria’s excellent fundamentals and its recent progress.”

As a pioneer in the banking sector and beyond, Diamond is an industry leader in promotingfinancial inclusion, supporting entrepreneurs and digital transformation. Key initiatives include Building Entrepreneurs Today (BET), a capacity building and business education initiative,designed to empower entrepreneurs, and Diamond Woman, a dedicated lifestyle proposition forwomen of all ages.

Diamond is the only Nigerian bank selected to partner with UK’s Department for International Development on their financial inclusion programme. Diamond also has a partnership with Women’s World Banking – backed by the Bill & Melinda Gates Foundation – with Mr Dozie onits board.

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