Wednesday, July 20, 2016
View ShowroomCape Town, South Africa & London, UK– ATMIA has today announced that Andrew Dean has been appointed to manage ATMIA India, the newest chapter of the association, as it prepares to celebrate its 20th anniversary.
Dean has been successfully heading up the association’s activities in Africa and will continue to do so while at the same time extending his expertise in developing markets to drive member participation and value in India.
India and Africa both require unique banking solutions and a range of diverse, cost-effective approaches to serve retail banking clients. Importantly, these two territories represent a combined population of over 2.3bn people, which is over 30% of the global population. Both territories hold significant potential for formal financial services. In addition, ATM growth rates show promise with India and Africa both experiencing growth rates of over 20% off a base of less than 20 ATMs per 100 000 adults in India and less than 10 ATMs per 100 000 in sub-Saharan Africa, compared to a world average of over 43 per 100 000 adults.
For the association and its member activities, ATMIA India and ATMIA Africa present a valuable opportunity to explore best-practice approaches to balancing branch, ATM, agent, mobile and other channels, in both urban and rural domains, and in territories with low ATM penetration.
“In India, there’s a strong opportunity for a global banking association to support industry-level conversations that promote collaboration and knowledge sharing in the ATM industry,” commented Mike Lee, CEO of ATMIA.
“India has a large and diverse banking sector with more than 20 banks operating over 2,000 ATMs each,” Dean explained, “There’s been growth of over 7% in the number of ATMs in just the past nine months.”
Dean’s newly expanded role will be to extend ATMIA’s support to existing members, while promoting conversations on retail banking strategies, ATMs and self-service devices in India. Any companies that are stakeholders in the ATM and retail banking industry in India, or that offer services to these industries in India, are encouraged to make contact to discuss how ATMIA can support their interest in best practices, training, interest group discussions and advocacy.
About ATMIA
The ATM Industry Association, established in 1997, is a non-profit global trade association with over 6,000 members in 66 countries.
As an independent, non-profit trade association, our mission is: to promote ATM convenience, growth and usage worldwide; to protect the ATM industry's assets, interests, good name and public trust; and to provide education, best practices, political voice and networking opportunities for member organizations.
Enquiries should be directed to Mike Lee [email protected] or Andrew Dean [email protected]