Let me begin by thanking the conference organizers for the invitation, and for giving me the opportunity to interact with the distinguished participants. We feel particularly privileged to host this inaugural IMTC Africa Conference in Nairobi. It is equally significant for the East African region, which increasingly is viewed as an attractive destination for business and investments.
This conference therefore provides an excellent opportunity to reflect on the important topics of remittances and crossborder payments, the challenges and opportunities that lie ahead. The beginnings of our banking system is intertwined with remittances and cross border payments.