Focus on banking security at 2012 AITEC Conference
09 February 2012, 10:26
Focus on Banking Security, anti-money laundering and banking risk attracts international experts at the 2012 AITEC Banking & Mobile Money Conference.
According to AITEC Africa founder & Chairman, Sean Moroney, this large banking event which brings together bankers from the East Africa and the COMESA region will be honoured with the presence of world’s leading experts in the area of banking security, information security and banking risks.
“Like their international counterparts, African banks downplay the security threats and intrusions that they experience. But recent research by consultants like Deloitte indicate there is a disturbing escalation of incidents that threaten the stability of the region’s banking system,” Moroney emphasized.
To address this trend, which some insiders say is approaching crisis proportions, the sixth annual AITEC Banking & Mobile Money Conference has secured eight leading international banking security experts to provide the region’s bankers with an unprecedented level of intensive knowledge-sharing over the two days of the conference (7-8 March).
Moroney added that the line-up of expertise is the culmination of months of research and communication to find the right speakers and trainers to address what many see as the region’s banking security crisis.
“We have invited experts from the four corners of the world to share their knowledge and experience with bankers from throughout the COMESA region in conference presentations, training workshops and master classes – as well as a customised pre-conference course on counter money laundering strategies. We feel this is an important contribution towards securing the region’s banking system and we hope commercial banks, MFI’s and central banks will take advantage of this valuable learning opportunity.”
Security experts at the conference will include Egypt’s Hesham Hamdy, Chief Risk Officer at Arab International Bank, who will make a keynote presentation on “How to maintain effective risk management in an ever-changing environment”.
At the same time Malysia based Nigel Morris-Cotterill, head of the Anti Money Laundering Network, will deliver a presentation on “How to develop effective strategies to counter money laundering”. He will lead a panel discussion among the region’s bankers and regulators on “Financial crime risk management: Aiming for a unified approach”.
Other notable speakers expected are UK based Almerindo Graziano, a leading data security expert and CEO of Silensec, a security management consulting and training organization, Zimbabwe's Ian Ndlovu, a lecturer in Economics and National Income Accounting, Petr Teply, a Senior Lecturer from Czech Republic, Patrick Cunningham, Executive Director of the ATM Industry Association South Africa and former head of the South African Fraud Prevention Service, amongst others.
In attendance shall be officials from the Central Bank of Uganda and Tanzania and it is hoped that the conference will significantly advance national and regional measures to combat current security threats to the region’s financial services sector.
Disclaimer: News24Kenya encourages freedom of speech and the expression of
diverse views. The views of columnists published on News24 are
therefore their own and do not necessarily represent the views of
Get the latest news by following us on Twitter
Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.