Qatari financial institutions, fintech collaborations would lead to customer value advantage, says Seetharaman

Qatari financial institutions, fintech collaborations would lead to customer value advantage, says Seetharaman

The College of Islamic Studies at Hamad Bin Khalifa University recently hosted the ‘6th CEOs and Islamic Finance Leaders Roundtable’ virtually under the theme ‘Digital Transformation Enablers and Prospects – Are Qatari Financial Institutions Ready to Embrace FinTech?’.

The speakers include Dr Emad el-Din Shahin, dean, College of Islamic Studies, Hamad Bin Khalifa University; Yousuf Mohamed al-Jaida, board member and CEO, Qatar Financial Centre (QFC) Authority; Dr Syed Nazim Ali, director of the Research Division and director of the Centre for Islamic Economics and Finance (CIEF); Dr Ahmet Faruk Aysan, professor and programme co-ordinator for Islamic Finance and Economy, College of Islamic Studies, Hamad Bin Khalifa University; and Dr R Seetharaman, CEO of Doha Bank.

Seetharaman said the fourth industrial revolution combines advanced technologies in innovative ways, dramatically reshaping the way people live, work, and relate to one another.

“Various industries are getting redefined; the health sector can be reimagined; the workspace is undergoing changes; robotics and artificial intelligence are going to play important roles and the customer will be more empowered in the digital environment. Banks need to manage the change by redefining their business models and to manage various stakeholders such as customers, regulator and shareholders,” he said.

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