Business Talk – Sanlam Fintech CIO Pivendren Naik on AI and the evolution of fintech in South Africa
In this Business Talk with Michael Avery interview, Sanlam Fintech CIO for Money Movement, Pivendren Naik, unpacks how Africa’s fintech industry is evolving, and unpacks the new skill requirements that are emerging.
Naik boasts over a decade of experience in technology and finance, having held positions at numerous notable companies.
He became a Windows Platform Developer at RogueCode in 2013 and then an Azure Cloud Developer for immedia in 2016.
Naik joined Derivco in 2017, where he served in multiple engineering roles over three years, including working in Operations Development, Framework Adoption, and Migrations.
Following his time spent at Derivco, he worked at Stitch for almost three years, where he would eventually rise to the position of Money Movement Lead.
Naik was appointed as the CIO of Money Movement at Sanlam Fintech in 2024 and leverages his expertise in financial technology and cloud solutions to execute his duties.
The interview
In this Business Talk interview, Naik outlines how the new wave of fintech may change Africa and how, over the last five years, the talent requirements at Fintech companies have evolved.
He then discusses the new roles that have emerged from these changes in the fintech sector.
Naik notes what skills he believes will become essential in the next decade as fintech and AI continue to evolve, and explains how the education system needs to change to accommodate these new requirements.
He also discusses the scaling of African-based fintech projects over the last few years, suggesting whether they have kept up with consumer and industry requirements.
Naik concludes by sharing what he thinks the African fintech landscape will look like in five years if the skills gap is closed.
Watch the interview with Pivendren Naik below.
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