All hands are on Fidelity Bank’s digital exchange platform as the Bank finalized the second edition of its Think and Pitch plan last weekend. Think of Pitch as a full-fledged industry competition between employees, regardless of their rank or category, to create a new idea for a digital product, put these ideas before juries for its opportunity not just to win amazing prizes, but to work to bring ideas to reality.
This year’s competition was themed – The Quest, and staff members were encouraged to collaborate in groups of 3 to pitch their ideas. Teams from across the nation sent in 2-minute videos to pitch their ideas. A first-level panel consisting entirely of staff across various levels was set up to shortlist 5 ideas. Panel members had one thing in common – a passion for digital solutions.
The top 5 finalists emerged from the judging process:
1. Team Savvy pitched a voice command product to reduce the incidence of fraud
2. Team Gen Z’s pitch was for the customization of account numbers
3. Team Cobalt Wallet pitched an innovative peer-to-peer payment solution
4. Team EcoNeo pitched a digital alternative to traditional banking methods
5. Team Pacesetters pitched a product that would convert airtime to cash.
All five finalists were invited to present their ideas in a live virtual event in front of the Bank and a jury made up of members of staff who have consistently championed digital transformation within the Bank. It was a tough call for the judges but in the end, Team EcoNeo’s idea emerged as a winning pitch, followed by Team Savvy and Team Cobalt Wallet.
In the words of the winners of this competition, Team Econeo, “It is truly an honour to be one of the progenies, born on the platform you conceived. A platform that has, and will continue to curate the dreams and aspirations of the staff of this great institution”.
According to Nneka Onyeali-Ikpe, the Managing Director of Fidelity Bank Plc, “Over the next few weeks, the latter will join in bringing these ideas to life with support from a team of products”. Staff participation is often the mainstay of the Workforce Transformation column displayed by the Chief Executive Officer.
At Fidelity Bank, we recognize our staff as the most important asset in our transformation journey and will continue to motivate them to be active participants