Manama, Bahrain Association of Banks (BAB) has announced creating a Steering Committee comprised of a diverse group of BAB members and partners representatives to support organising its Annual Banking Forum which will be held on October 31 under the patronage of the Central Bank of Bahrain (CBB) themed FinTech: Opportunities and Challenges in Bahrain's banking industry.
The Steering Committee aims to provide logistic support to the upcoming forum, and to ensure that this event will effectively achieve the promising goals and outcomes. The Steering Committee consists of eight members represent the banking sector FinTech and other related areas: Al Baraka Banking Group, Bahrain FinTech Bay, BIBF, BAB, and Finmark Communications, the forum's organiser.
Afrah Ajaj, Members Affairs Manager, BAB said: "this Steering Committee aims to ensure delivering a comprehensive programme of high-profile sessions and interactive platform for expertise and viewpoints exchange".
"We are grateful for the ongoing support of our members and the Steering Committee, and we are confident that this Forum will effectively shed light on the opportunities and challenges being faced by the banks as a result of fast-developing FinTech industry, which go along with our efforts at BAB supporting the banking sector for the sake of uplifting this industry to better levels of excellence in terms of FinTech and its fast-evolving future. With the support of the Steering Committee, we will soon announce further details about the Forum, its agenda and high level speakers." she added.
The Forum expects to attract more than 500 senior representatives from among BAB's 52 members, regulators and executives of monetary funds. High-level keynote speeches and plenary sessions will tackle the rapid development of FinTech and the impact of emerging financial technologies on Bahraini banks and the future of the industry. Sessions will more specifically address FinTech in terms of: Education and Human Capital requirements, Legal and Regulatory considerations, FinTech Adoption and showcasing success stories from this industry.
Source: Bahrain News Agency