At GRC Fincrime Prevention Summit, experts chart new course for Nigeria

In continuation of its public enlightenment and education on the governance risk compliance and financial crimes in Nigeria, The Morgans held its GRC and Fincrime Prevention Summit on 25th of November 2022, at Victoria Island Lagos. This year the summit focused on ‘Managing 3rd Party Ecosystem Risks & Data Sharing Amongst FIs to combat Money Laundering/Terrorist Financing

The summit aimed at helping businesses, especially financial organizations comply with GRC & Financial Crime Prevention regulations by providing them with the necessary information, motivation and recognition on a national and international level.

The opening remark was delivered by the convener of the summit, Dr Folusho Amusa who encouraged the attendees to pay rapt attention to the various sessions of the conference.

Delivering his keynote speech, Kevin Ugwuoke, Executive Director, Fidelity Bank Plc harped on the dangers of fincrime and the resultant effect on Nigerian businesses and financial institutions.

Dr Ehi Eric Esoimeme, Managing Partner E-Four and AAF also provided a roadmap on how 3rd party ecosystem risks and data sharing amongst financial institutions can be combated.

During the summit, a documentary put together by The Morgans titled ‘The Journey of GRC and Financial Crime Prevention in Nigeria’ was showcased. It got various rave reviews from the attendees. In the visuals, experts and stakeholders the Nigerian GRC and Fincrime space harped on the challenges bedevilling in crime in Nigeria and the prospects for the sector. Dr Femi Mosaku Johnson, registrar of Corporate Governance Professionals in Nigeria, Pattison Boleigha President of Compliance Institute of Nigeria and Dr Ehi Eric Esoimeme, Managing Partner E-Four and AAF all shared their wealth of knowledge in the insightful documentary.

One of the high points of the event was the panel session where Womoemi Diriyai(Country Head, Dun and Brad Street), Stephen Olalere(Chief Risk Control and Compliance Accion Microfinance Bank), Nneka Nwaka(Chief Compliance Officer, Interswitch), Bright Anyanwu(ACFCS President Nigeria chapter), Oluwatomi Ojo(Chief Compliance Officer, Heritage Bank Plc) and Morankinyo Animasaun (Co-founder Wimika RMS) shared their expert insights on various issues pertaining to the GRC and Fincrime sector in Nigeria.

The Summit will be a yearly event which will bring together professionals in Risk Compliance and Financial Crime Prevention space to learn from carefully selected experts in the field in order to improve their skills and contribute immensely to their organizations positively.