First Bank Nigeria has expressed its commitment to the development of business continuity and resilience toward boosting production and economic growth.
It’s Chief Financial Officer, Mr. Patrick Iyamabo, made the assertion on Wednesday at the bank’s maiden edition of the Vendor Engagement Session with the theme: “Building Resilience in Our Vendors’ Businesses”.
Mr. Patrick Iyamabo said the changing landscape in the operating environment makes it imperative to ensure long-term strategic partnership for sustainability in the banking and business industry.
He said that First Bank was well-positioned and committed to investing in diverse businesses to drive sustainable growth and create shared success.
“We do not see you as vendors, but as critical partners to drive our strategic growth and competitive plans,” he said.
According to him, when vendors achieve success, the diverse communities served by the bank experience tangible and sustained economic benefits.
Further speaking Mrs Damilola Adisa, the Group Head, Procurement, First Bank, said that investing in continued development of businesses would drive a meaningful and long-term impact on businesses.
Adisa said that the bank’s goal was to keep vendors in business by expanding its procurement process in the next 12 months, while entrenching more transparency and efficiency in the process.
“We will assist them with advice and structure that would assist them to build resilient and trans-generational businesses,” she said.
Adisa acknowledged that vendors had indeed developed innovative and game-changing solutions to drive the bank’s operation and competitiveness.
She said that the bank was committed to long-term partnership and collaboration with its vendor and would streamline every stage of the procurement process.