Parallex Bank hosted the Association of Chief Compliance Officers of Banks in Nigeria (ACCOBIN), charging them to prepare for challenging in the regulatory environment.
Matthew Okojie, Parallex Bank’s executive compliance officer (ECO), in his keynoted address spoke extensively on “The Impact of Regulatory Changes on Business Strategy: A Nigerian Bank’s Perspective, highlighting the important role of compliance officers to the smooth running of the banking industry.
Okojie emphasized that regulatory change has evolved from a background risk to a central driver of banking strategy in Nigeria.