Emirates NBD appoints chief digital officer, seeks fintech partnerships
Evans Munyuki, Emirates NBD
Emirates NBD has recruited a chief digital officer (CDO), Evans Munyuki, who is on the lookout for partnerships with fintech and tech firms.
Munyuki moved from MyBucks (a fintech firm focused on microfinance, lending and insurance), where he was chief digital and information officer for just over a year.
Prior to that, he held a number of senior positions at Barclays Africa Group for five years.
In a LinkedIn post, Munyuki says he is interested in getting in touch with fintech or tech companies “with innovative products or services which greatly improve customer experience, digital adoption, digital channels, social media access, active digital customers, digital attraction, digital sales, digital share of wallet, digital KPIs, digital collections, security, leverage of AI, bots, gamification, blockchain, wearables, robotics, IoT, data, messaging, data science, predictive digital sales, new products, new (digital) business models, revenue-generating experiences, revenue-generating products, revenue-generating partnerships, API business models, A/B testing, monetisation of the same, millennial customer journey templates, digital learning, etc, specifically in retail banking, business banking, corporate banking, investment banking, wealth, treasury, FX, insurance, lending etc”.
So pretty much every fintech out there.
He is asking interested firms to send “the what and the how” of growing customers, customer satisfaction, digital sales, digitally active customers, revenue, efficiencies and customer servicing.
“I will only respond to relevant, pertinent and promising submissions,” he adds.
“In this case, I am not looking for ideas… ideas are a dime a dozen. We all have idea pipelines ten miles long,” he explains.
“In this era, success comes not from the abundance of ideas, but rather their successive execution with speed to market. All smart people know that you cannot accelerate speed to market alone and build everything on your own… partnerships are key.
“I am inviting dialogue only with potential partners with market-ready solutions and accelerator assets which can be licensed or bought.”
Dear Munyuki,
I read the article in Banking Technology regarding your interest in forging partnerships with Fintechs.
I am leading the Business Development effort in EMEA and North America for an Australian Fintech called identitii.
identitii’s solutions address many of the common challenges associated with the document-intensive operations of the banking and financial services industry – typically relating to transaction & correspondent banking, trade document management and client payables & receivables. We specialise in addressing a number of these key day to day business challenges which are generally compounded by lack of access to high quality, reliable, traceable and authenticated information which is required to better effect cross-border payments between banks and their correspondents.
identitii allows financial institutions to exchange rich information between other banks or between their own branches with minimal change to legacy systems. identitii’s token technology uses a distributed ledger to enable information sharing before and after financial messages have been sent. Tokens travel within traditional settlement messages including SWIFT, ACH and RTGS and also over emerging settlement technologies. identitii allows banks to move away from Know Your Customer level information to Know Your Transaction detail, with rich information about each and every transaction.
Our core product, Serra, is a permissioned, append-only, federated database built for the financial industry. Leveraging the best parts of DLT, relational and graph databases, it enables the secure and auditable exchange of information. Serra allows financial institutions to exchange rich payment information with their correspondent banks, attach regulatory documents to cross-border payments, and share invoices with their customers, amongst many other use cases where data integrity and auditable provenance is critical.
We would happy to discuss how our solutions are adding value and delivering benefit to our bank clients and also would be keen to explore partnering opportunities with Emirates NBD.
Best Regards,
Matthew Burns