Daniel Awe, Appointed New Head, Africa Fintech Foundry
The Management of Access bank recently announced the appointment of Daniel Awe as the new Head of Africa Fintech Foundry, an Access Bank initiative for growth in Africa’s financial and technological startups. He succeeds Olusegun Adeniyi, Former Head, Africa Fintech Foundry. According to the Management of Access Bank PLC, Daniel Awe’s appointment is in line with the bank’s vision to advance technological innovations in the African banking sector.
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Speaking on the appointment, the Group Managing Director of Access Bank PLC, Herbert Wigwe stated, “We are excited about Daniel’s appointment as we strongly believe that he is the right person to lead Nigeria’s next wave of financial technology disruption. Since its inception, the Africa Fintech Foundry has
created opportunities for African innovators and entrepreneurs to thrive. Daniel’s track record ensures that this developmental pattern will be strengthened.”
Daniel Awe is a technology and customer experience transformation expert with over 14 years’ experience in innovating and creating cutting edge e-payment platforms in the financial sector.
Daniel’s background includes knowledge in enterprise capability, solution architecture, leadership, management, and experience in identifying and managing innovative opportunities in technology. Prior to his appointment, he had served as a Payment Solution architect at Access bank PLC, where he
directed the Channels Solution Delivery Group.
Daniel worked as an integral part of the team that led the bank’s digital banking transformation. He also coordinated the architecture and delivery of the bank’s transition from a multichannel platform to the first single-channel platform in Nigeria.
The functions of the new Head, Africa Fintech Foundry, will include: initiating new opportunities, providing incubation support, expanding the business capacity of startups, initiating innovations in African startups, and serving as a growth accelerator.
Originally a corporate bank, Access bank has acquired personal and business banking platforms from Nigeria’s international commercial bank since 2012. The merging of Access Bank and Diamond in April 2019 earned it one of the largest banks in Africa. It has initiated different innovations in the financial and
the technological sector, one of which is the Africa Fintech Foundry.
Africa Fintech Foundry(AFF) is an Access Bank initiative that seeks to nurture, fund, and accelerate the growth of Fintech startups in Africa, through its mentorship and accelerator programs. It also aims to challenge, guide, and progressively demonstrate leadership in the areas of innovation, financial
technology and entrepreneurship.
AFF has led and delivered market-relevant solutions and has organized digital conferences to foster innovation and thought leadership. It has also specialized in fast-tracking the growth and maturity of startups by enabling greater access to financial services to the financial excluded across Africa.
AFF creates new opportunities for African innovators and entrepreneurs by providing incubation support to startups. It aids the business capacity of startups, support business development, and further
facilitate access to capital, markets, customers, and global innovation partners. Their core value is to enable emerging digital technology innovators in Africa to meet and exceed their potential for the commercial benefit of stakeholders.
AFF will record more innovations and supports to startups as Daniel takes his position as the new Head.
We congratulate Daniel Awe on his appointment.