Event Date/Time: Nov 18, 2006
End Date/Time: Nov 19, 2006
Any serious discussion of the future of the banking and finance industry eventually raises a basic question: will future customers still need banks? The answer, it turns out, depends on the banks and the CEOs who lead them. With technology and non-bank businesses providing new options for safeguarding and managing their finances, customers will continue to depend on banks only as long as banks can provide service and value that cannot be found anywhere else. There are already signs that customers are questioning the ability of regional banks to look out for their financial well-being. Banking and Finance Leading CEO Summit discusses the need to rethink what, where and how CEOs and other decision makers should serve an increasingly informed and demanding Middle East customer. At the same time, various industry developments, including consolidation, regulation, industry specialization, changing workforce needs and new technologies are putting additional pressure on regional banks’ operating models and raising questions about traditional strategies for growth and value creation.