Huawei hosts summit on how digital transformation can beat COVID-19

Huawei Enterprise Business Group (EBG) will host the Huawei Southern Africa FSI Summit online 2020 on May 29th, from 10.00am – 12.00pm, with the theme of “Accelerating Digital Transformation, Enable Business Growth Again”.

The online summit will include presentations from President of Huawei Southern Africa Region, Chen Lei, and Chen Kun Te, Huawei Chief Digital Transformation Officer.Speaking on Huawei’ experience in working with corporate leaders on their digital transformation, Mr Lei said “The world is still battling against the Coronavirus. The pandemic not only threatens the humanity but the global economy. This transformation is happening when the banking sector is shifting from phase 3.0 to 4.0, where Banking is Everywhere, Never at a Bank. ”

Brett King, Author of Bank 4.0, will also speak on “How Mobile will Lead Banks out of COVID-19”. C-suite executives from the African and Chinese banking sector also presenting include Joshua Oigara Group CEO & MD, KCB Bank Group, Chair of the Kenya Bankers Association (KBA) and Xia Zhiyuan Director of Big Data & AI lab, ICBC, China.

The COVID-19 pandemic is a global black swan which has severely impacted the global economy. The banking sector is also undergoing challenges from sharply declined economic activities, decreased deposits and loans, as well as higher unemployment rates and non-performing loan ratios.

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