Roundtables

Balancing budget with digitisation

Tried and trusted financial approaches or industry standards during the pandemic were put to the test and found wanting. The pandemic has irreversibly changed the global financial landscape.

12 August 2021

Microsoft and Brainstorm magazine brought together a panel of industry executives for a robust discussion on financial management for a fast-changing financial world. This encompassed optimising large-scale financial operations and protecting revenue from cyber threats. The virtual roundtable was chaired by Nomonde White-Ndlovu, Absa Group’s head of governance and reporting: Digital innovation and technology.

Her first question was directed to Pranesh Mahado, technology chief operating officer for Absa, asking how the pandemic has motivated the move to digitisation. He said that while Absa had already been on a digitisation drive, due to the pandemic, the bank had accelerated its response and investment in digitisation.

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