The 2022 edition of the annual Stanbic Staff Hackathon to boost employees’ creativity and encourage innovation, came off last week at the SBIncubator, Silver Star Towers in Accra.
Held under
the theme, “Accelerating Internal Innovation through Cross-Functional
Collaboration’, the two-day creativity-driven competition provided a collaborative
platform for staff of the bank to showcase talent, think creatively, and
generate new ideas that would hopefully translate into successful banking products
and services.
The
Chief Executive Officer of the bank, Kwamina Asomaning in his opening remarks,
commended the team for putting together the programme and emphasized the
importance of delivering client focused solutions in this era of
digitalization.
He said,
“Thank you so much to the organizers for putting together this exciting event.
At Stanbic Bank we always say that we are client led and this means that we put
our clients at the heart of everything that we do. Being focused on client
solutions requires us to have the ability to solve problems because if clients
are looking to us for solutions, then we need to be good at solving problems
especially as technology continues to evolve. Our hope is to become an
organization that is solution-driven; by learning, by doing. Having different
approaches to learning is important and one of those approaches is the Staff
Hackathon.”
Participants
of the Hackathon were divided into five (5) teams and tasked to develop a
solution for the bank in 48hrs. Team Titans, emerged winners after the period
with a solution titled; Consumer Finance
Solution, which seeks to create a financial system where Stanbic Bank can
extend credit to households and individuals to buy household essentials through
hire purchase.
Jessica
Amoafo, a Credit and Risk Analyst at Stanbic Bank, a member of the winning team
shared her excitement at their victory.
“I am glad to have participated in this
interactive programme. Well done to all my other teammates and all the other
teams for the hard work we put into this. I am excited to work with the Digital
and Innovation team to bring our idea from production to market.”
Team
Titans received a cash prize of GHS 10,000 and a mentorship opportunity to
bring their winning idea to fulfillment. First and Second Runners Up, Team Stanbic
Mall and Team Rangers received GHS8,000.00 and GHS5,000.00 respectively, for
their ‘Mall’ and ‘Farmers’ Choice ideas.
The
Stanbic Staff Hackathon is part of the banks Blue Innovation agenda to promote
innovation and digital banking within the banking space. The 2 day event was
infused with a training program on a ‘Design Thinking’ to equip them with
problem solving skills, as well as a panel discussion led by Foster Awintiti,
Manager Youth Banking and Incubator under the topic, ‘The Role of Innovation
and Data in Achieving Modern Day Banking’.
