 The President of the Council of the Chartered Institute of Bankers of Nigeria, CIB and Ken O'Para has called for an evolutionary change in doing business in the country. Aparah said this at the 15th Annual Banking and Finance Conference in Abuja, a correspondent in Abuja, Emanuel Ehejene, filed in this report. Present at the conference are the representatives of the President and Minister of Finance, Projects and National Planning, Zainab Hamad, Representative of Speaker, Femig Bejabiamila, Governor of the CBN, Bankers and Order Invited Guest. The theme for this year's conference is repositioning the financial services industry for an evolving global contest. Chairman of the Council, Dr. Ken O'Para, in his opening remarks, said there is the need for the financial services industry to evolve new ways and strategy to deal with changes caused by unforeseen natural disasters like the COVID-19 and climate change. What mechanism are in place to address the issue of cybercrime associated with advancement of new technology? Of what advance are banks, services and product to the future of banking? What is the role of ethics and professionalism in evolving economy? The President, who was represented by the Minister of Finance Zainab Hamad, helped on the need to address the problems associated with climate change as it recommended the abolition of corrosion lighting in Nigeria by 2030. The theme for this year's conference is repositioning the financial services sector for an evolving global context is most apt in view of the need to constantly adapt to internationally acceptable best practices to improve the efficiency and effectiveness in the sector in playing its primary role upon the financial assets, financial intermediation, as well as capital formation. Other speakers at the event uploaded the banking sector for the progress it made in the last five, six years, which have led to awareness and interest in investment in the country. Our systems and processes have made it exceptionally easy for our elites to bank globally and for global elites to bank in Nigeria. Let me put it in a different way. An investor in Norway will find it easier to use a Nigerian bank than a farmer in Ninghi, local government or poultry state. Working for TGI and some of our rural operations have come to realize that as we embrace a global system, we have somewhat abandoned many of our local compatriots. These factors are combining to dampen consumption and investment and contain government expenditures with implication for the banking activities. The time is right for the sector to re-strategize for better repositioning. There is no game saying that the financial services sector plays a critical role in facilitating economic activities in a modern system. The event is expected to continue tomorrow with wide range issues, tabled for discussion on ways to improve the banking sector to watch the ever-evolving world. Hello, hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.