Viathan Group CFO: “Banks that don’t embrace fintech will be replaced”
Viathan Group is an emerging energy player in the power and gas sector in Nigeria but in financing circles, the company is perhaps best known for its innovative 2018 infrastructure bond issuance – when it pioneered a new structure for the country’s capital markets. Babajide Ibironke, the Group’s CFO, talks to Bonds & Loans about the company’s growth ambitions and funding strategy, overcoming the perpetual dysfunction of Nigeria’s power sector, and discusses why ESG and fintech are unavoidable trends that finance professionals and financial institutions must embrace – or face obsolescence and extinction.
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