Samuel Odhiambo,Managing Director NCBA Bancassurance Intermediary Ltd
NCBA Bank held a top-level forum with more than 100 commercial banking customers under the theme “Future-Proofing Business Amid Emerging Risks,” the idea was to give business people strategies to work the changing risk environment.
The conference explored these issues from all angles, cybersecurity, climate change, fraud, and employee liability were some of the things that could cause business extinction directly or indirectly, mentioned in the discussion.
The Communications Authority of Kenya noted 4.5 billion cyberthreats in the year 2025, thus stressing the need for strong cybersecurity systems. Usually, a cyber breach will result in a heavy loss of businesses that may run into millions of shillings which in turn will lower business activities and customer trust.
At the same time, climate shocks are expected to lower Kenya’s GDP by 3 to 5 per cent per year, which would affect agriculture, trade, and infrastructure, besides other sectors.
Samuel Odhiambo, Managing Director of NCBA Bancassurance Intermediary Ltd, highlighted that the bank’s role is not just about money: “Our customers do not just want the money.
We make it possible for them to mitigate risks and leverage on the green economy, thus becoming their real business partners, and as such, living up to our promise,” he said.
Through the use of both banking and insurance products consumers avail themselves of greater safety and are able to command and capture steady progress which in turn enable us to keep our promise of actually being their business partner,” the forum attracted
The forum convened participants attending the forum from mid-to-large manufacturing, agribusiness, ICT, trade, and real estate companies who came to interact on how to thrive even in strict conditions. They were discussing business resilience and growth strategies.
The discussion was also dominated by the range of smart concepts of NCBA that were brought into the spotlight of the Go Insure digital platform which makes the management of the policy very efficient and the Cyber Edge Insurance which is mostly su
Multipliers of likes-minded business and thought-leader community from Kenya and beyond travelled to Nairobi to connect, learn and share insights on resilience and growth strategy as well as emerging risk mplemented to protect against any intrusion on business data resulting from hacking or encryption by attackers
One of those products is the cover for fraud and management risk incidents and employee benefits like comprehensive packages for rejuvenating the security of the workforce and loyalty.
This occasion not only reaffirmed NCBA’s movement towards developing more client engagements but it was also a distinguishing factor wherein the bank stands out as a reliable financial partner by providing real solutions viable in protecting businesses from further risks.