Technology Key To Maintain Global Competitiveness – Atanda

The managing director of Remita Payment Services Limited (RPSL), Deremi Atanda, has urged businesses and stakeholders to adopt technology as a key driver for enhancing governance in the 21st century and to attain global competitiveness.

‘Deremi, in his paper presentation at the 2023 Chartered Institute of Directors (CIoD) Nigeria Fellows Night and investiture ceremony, which took place in Lagos asserted that business leaders can avoid corporate governance failures by leveraging technology for coordination, communication and collaboration.

“In the contemporary business landscape, technology isn’t merely an accessory, it is a pivotal force for organisations striving to maintain global competitiveness. Attaining top-tier corporate governance standards necessitates wholeheartedly embracing technology and undergoing a comprehensive digital transformation across all sectors. This commitment is not only timely but also imperative for organisations aspiring to be at the forefront of progress.” He remarked.

Corporate Governance plays a vital role in the lifecycle of any organisation and when done right protects stakeholders such as the employees, investors, customers, regulators, etc, boosts investor confidence and fosters business sustainability. Citing an inference from other colossal corporations who have fallen at the Achilles heel of poor corporate governance, Deremi expounded on how Remita had helped and continues to assist various organisations in improving their corporate governance structure and thus yielding positive fruits, such as reducing fraud, increasing efficiency, or ensuring compliance.

Speaking to the event’s theme: “Leveraging Technology for Enhanced 21st Century Governance” the managing director of Remita praised Nigeria’s advancements in contributing to global development through technology and emphasised the necessity to embrace a more technology-driven mindset across all sectors.