Mr. Liadi Ayoku, Group Executive Director, United Bank for Africa (UBA) has advocated for the overhaul of the training curriculum in financial institutions across Africa to reflect the current technological realities.
According to Ayoku, the step would reflect the modern business expectations and ensure the relevance of graduates to Africa’s economic growth and aspiration.
The UBA boss recently made the recommendation while delivering a keynote address during the annual lecture of the Faculty of Management Sciences of the Lagos State University (LASU), Ojo, with the title. ‘The future of finance: Technology at play’.
Ayoku explained that finance graduates and professionals must be aware that it was no longer business as usual following the fast-changing technological landscape.
“I am not certain if the finance and accounting graduates of today are familiar with modern financial software packages, including global accounting and finacial reporting standards.
“Have they imbibed the ready-to-market soft skills like leadership, communication, commercial acumen, flexibility/openness to change and strategic vision? If not, I will like to propose an overhaul of the curriculum to accommodate these,” Ayoku noted.
He further explained that with technology replacing basic financing, the finance professional that would excel in the future must be quick to retool and adapt to changes.
The chairman of the event, who is the Executive Secretary, Institute of Entrepreneurship, Dr. Rotimi Oladele, commended the UBA boss for delivering a profound paper worthy of equipping account graduates for a future driven by technology.