FinTech Magazine - March 2021 | Page 20

Sterling Bank is accelerating its digital innovations to further strengthen its links across key sectors to drive Nigeria ’ s economic growth
STERLING BANK PLC

At the HEART of Digital Banking in Nigeria

Sterling Bank is accelerating its digital innovations to further strengthen its links across key sectors to drive Nigeria ’ s economic growth

WRITTEN BY : DOMINIC ELLIS
PRODUCED BY : MICHAEL BANYARD

With the majority of its arrows pointing refreshingly upwards , Nigeria ’ s Sterling Bank had a strong 2020 with key metrics showing deposits up 17.4 percent , and both EPS and Profit After Tax recording 15 percent growth .

After talking online to Olayinka Oni , who doubles up as Chief Information Officer and Chief Digital Officer , it ’ s not hard to see why the figures are heading in the right direction . He barely pauses with my questions , demonstrating a clear knowledge not only of every facet of the business but perhaps more crucially in these uncertain times , where the fully mobile , cloud-based bank is heading . Previously he was CTO at Microsoft Nigeria , who is now one of Sterling ’ s key partners .
Underpinning Sterling ’ s commercial foundations is a simple acronym , HEART , enabling all managers and employees to keep a firm eye on its five key sectors – Healthcare ; Education ; Agriculture ; Renewables and Transportation – and beneath these are eight pivotal secondary
20 March 2021