ChamsAccess Repositions, Expands Technology Solution

Chams Plc

ChamsAccess Limited, a subsidiary of Chams Plc, has announced expansion of its capacity to deliver innovative technology solutions to banks, non-bank financial institutions and corporations in Nigeria.
Announcing the expansion plan in Lagos, the technology firm said it commenced business as a strategic business unit within Chams Plc, and has witnessed rapid growth into an autonomous business in less than a decade.

To further drive its growth and expansion, the firm also announced the appointment of a new Managing Director, Funke AlomoOluwa.
AlomoOluwa’s focus, according to the company is to expand and consolidate its leadership of the financial technology market in sales, deployment and maintenance of Automated teller Machines (ATM), financial card solutions and printers, Point of Sale terminal (PoS), as well as Access Control Terminals and self-service interactive kiosk to banks, non-bank financial institutions and corporations.

The new MD also has the mandate to assist financial services clients of ChamsAccess to benefit from the firm’s expertise and longstanding partnership with global financial technology solution providers that include DataCard Corporation, KingTeller and Bitel.

"As banks strive to align their Pan-Nigerian operations with the cashless initiative of the Central Bank of Nigeria (CBN), which is part of national payments system reforms, they are facing many significant challenges. Most importantly, as they stabilise operations in alignment with the CBN policy, it is imperative for banks to invest in solutions that will strengthen their e-business and promote e-channels benchmarked against global banking standards," AlomoOluwa said.
She added: "Achieving all of this while running a bank on a day-to-day basis puts enormous pressure on executive and management teams and this is where ChamsAccess has such a significant role to play.”
She disclosed that ChamsAccess is well-equipped to offer innovative solutions supported with technical capacity to meet the challenges facing banking, non-banking financial institution and corporations in the areas of financial technology, card solutions and printers, as well as access control terminal deployments.
Excited by the potential of the Nigerian technology market, AlomoOluwa believes that her firm is playing a key role in unlocking value, as well as in facilitating broad-based growth and development of the technology sector.

AlomoOluwa brings a wealth of strategic management experience in payments system, financial technology, and financial administration into her new role. Prior to her appointment, she was General Manager, ChamsCity, a strategic business unit of Chams Plc, with investment in digital malls equipped to drive online transactions, biometric data capture, e-learning and e-testing as well as large-scale data management and call centre facilities. AlomoOluwa is an Alumnus of the Lagos Business School Executive MBA programme, and holds a degree in Computer Science and Economics from the Obafemi Awolowo University, Ile-Ife. She is also an associate of the Institute of Chartered Accountants of Nigeria (ICAN).