Mr. Edward Effah, Founder of Fidelity Bank, has urged young entrepreneurs to build businesses with a vision that goes beyond organizational success and addresses societal challenges. Speaking at an Orange Summit organized by Fidelity Bank in Accra, Mr Effah emphasized the importance of entrepreneurs having a broader calling to address socio-economic challenges within the nation.
He advised entrepreneurs to develop visions that make the world a better place, highlighting the example of Fidelity Bank's commitment to Ghana's socio-economic progress alongside its vision of becoming a world-class bank. Mr. Effah stressed the significance of actively participating in initiatives that contribute to societal betterment, such as financing power projects and promoting inclusive banking.
According to Mr. Effah, a robust vision should cater to the interests of all stakeholders, ensuring sustainable growth and stability. He emphasized the power of a purpose-driven vision in attracting stakeholders and fostering a sense of shared responsibility within the organization.
In addition to visionary leadership, Mr. Effah underscored the value of becoming a thought leader within one's industry, urging entrepreneurs to invest in thorough research and continuous learning. Drawing from Fidelity Bank's experience, he highlighted the importance of studying successful counterparts worldwide to navigate industries effectively.
The Orange Summit, part of Fidelity Bank's Young Entrepreneurs Fund initiative, provides access to concessionary funds and non-financial services to young entrepreneurs. The initiative includes ESG training and capacity building, aiming to develop robust environmental and social management systems among businesses.
The event featured speakers from relevant organizations such as the Ghana Revenue Authority and the African Continental Free Trade Area, demonstrating Fidelity Bank's commitment to nurturing visionary leaders and fostering socio-economic development within Ghana.
In an official statement issued to the Ghana News Agency, Fidelity Bank reiterated its commitment to empowering young entrepreneurs to realize their aspirations and contribute meaningfully to society through financial support and knowledge-sharing platforms like the Orange Summit.
