Nigerian Entrepreneur Oke Afolabi is Accelerating Digitalization of Banks in Nigeria

Oke Afolabi is at the helm of four businesses: tech, showbiz; hospitality, and logistics. For some, that would be too much to juggle, but to the Nigerian, “Impossible is nothing.

The attitude of Nigeria is of a go-getter country. The attitude of, why not have this and why not have the tallest, boldest, loudest?” he says. “That entrepreneurial spirit is in this country’s DNA.”

Oke Afolabi, an Associate member of the Business Continuity Institute UK, is a result-oriented Marketing Professional with a proven record of accomplishment in planning and leading comprehensive marketing strategies in support of business goals and objectives.

In his current role at Global InfoSwift Consulting Limited (GICL) as a co-founder and CEO, he provides strategic direction, articulates corporate vision, mission and strategy as well as values that define the culture of the team.

“Everything is changing and the newer generation are coming up with these great ideas, so banks need to evolve too,” he says of the GICL, he’s helped establish.

“It’s been nice that I can make an impact. I hope that I can leave a legacy, like Martin Luther king Jr. says “never follow where the path may lead rather follow where there is no path and leave a trail “

The company, Global InfoSwift Consulting Limited (GICL), a Lagos based IT company that provides solutions and services to Nigerian financial institutions and beyond.

The firm is also a promoter of Omnichannel Solution with its Cr2 partners which provides digital banking platforms for Nigerian Banks.

CR2, led by Fintan Byrne, is a world-leading vendor within the Digital Banking Platform market, with a market leadership position in Africa.

The platform provides banks with Digital, Self-Service and Payments solutions to grow their business, optimize their customer service cost and deliver an enhanced customer experience.

Headquartered in Ireland, Cr2 enables over 100 banks in 60 countries seamlessly connect and engage with their customers on the most critical banking channels today.

Global Infoswift’s partnership with CR2 is an ongoing successful relationship that has highlighted the importance of the self-service channels in supporting Nigeria’s retail banking growth, with the deployment of CR2’s BankWorld Suite of products.

The partnership enhances the impact and effectiveness of action through combined and more efficient use of resources, it promotes innovation and it is distinguished by a strong commitment displayed by both parties in jointly delivering projects like Access Bank Plc. which is currently one of the biggest Banks in Africa.

“We’re a massive country,” says Oke, adding that more than half of his country’s population are younger than 24.

“We’re growing, and we have this huge, youthful population. What’s going to happen when the country’s economy relies on these people to drive it forward? How will they fund themselves and be aware of their finances?”

In May 2013, Oke was sought after by the Irish Government (Enterprise Ireland) to help facilitate a financial service seminar to inspire businessmen in Ireland to see investment opportunities in Nigeria, His exceptional facilitation style was attested to when the Government led several businessmen to Nigeria on a major trade mission to the country in conjunction with representatives from the Central Bank of Nigeria.

Projects

The ISO 27001 (Information Security Project) project delivered by Afolabi Oke for the Central Bank of Nigeria in particular led to the Governor of the Central Bank of Nigeria at the time, Lamido Sanusi Lamido, mandating all the commercial Banks they regulate to implement the same ISO standards to ensure we have a more secured financial sector.

Oke currently works with the Central Bank to also help audit some of the commercial Banks in compliance to the standard.

In the Nigerian Financial Industry today, Global InfoSwift (GIS) has established herself as a driving force behind the successes achieved by most Banks in the area of their compliance with the CBN IT Standard requirements and other Technology related solutions and services

He is a sought-after speaker and provides mentorship for the youth, start-up seed funding, and entrepreneur development.

The Showbiz side of Oke Afolabi

In fulfilling the UNESCO initiative, which is promoting Global Peace, Unity & dialogue through music, Runway Jazz founded by Oke Afolabi was birthed to include Nigeria as one of the participating 196 countries and to serve as a platform to engage music and art enthusiasts and jazz aficionados, giving stylish expression to art and culture through music and fashion.

The focus on Jazz music really broadens its appeal, particularly in Nigeria and across Africa, and introduces an innovative music/fashion franchise onto the Nigerian entertainment scene.

Runway Jazz engages stakeholders from a broad spectrum of industries, including fashion houses and brands, food & beverage, entertainment, private and public sectors in Nigeria and from its international communities.

He is redefining luxury and African culture in the hospitality industry through The Grandeur

Featured Image: Oke Afolabi

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