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DEVELOPMENT BANK OF NIGERIA CEO SAYS DELIBRATION AT THE WORLD BANK SESSION ARE APT, AND CORE

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By Niķ Ogbulie in Bangkok

Dr. Tony Okpanachi, Managing Director/CEO, Development Bank of Nigeria (DBN) , has said in Bangkok, Thailand , today that the on-going World Bank Meetings is living up to its bidding, as very strategic issues have been on the front burner since the last five days the mundial kicked off in the ancient Far Eastern Asian country, known for its rich culture and trade.

Speaking to Moneyreport immediately after a session on Investing in AI for impact, “How venture Capital Startups are driving innovations across Emergingç Markets”, Okpanachi noted that the topics at the conference and the core themes are apt in all the development finance institutions do today in the entire financial reengineering process for the reduction of poverty which is one primary target of the sub sector.

He noted that the Nigerian entrepreneur is able to showcase its opportunities in the various new innovations from the so many events taking place.

Okpanachi also noted that a look at the progress in various developments and reforms were to enable them undertake series of bilateral conversations which can produce results that can impact lives of many Nigerians.

The session noted that “AI is not the story.
The story is what the people do with it. Technology matters, but what matters most is what problem it solves. If you apply AI reasonably, you can see a good result in your emerging market activities.

Okpanachi, who was at the Nigerian Investment Forum’ a day before, told Moneyreport that collaborations are key in their focus at the meeting , which targets progressive engagement for the Nigerian economy.

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