Rolly "RB" N. Bañez, Bayad's deputy chief information security officer and head of cyber security governance, was recently recognized with the Cybersecurity Practitioner of the Year Award in the 2024 World Financial Innovation Series.
Organized by Tradepass, a renowned international business networking platform, the World Financial Innovation Series was held on August 13-14 at the Marriott Hotel. It brought together over 600 tech and business experts nationwide from leading banks, insurance, and microfinance institutions.
Bañez's Cybersecurity Practitioner of the Year Award highlights his exceptional leadership in establishing a robust and advanced cybersecurity framework in his organization, Bayad (previously Bayad Center), while amplifying a culture of cybersecurity awareness in the fintech industry.
Bayad is the pioneer brand in the outsourced bill payment collection service in the Philippines. It aggregates a multitude of billers into a robust system that leading establishments and electronic money institutions across the country are now using.
Bañez shared, "With the increasing sophistication in the fintech landscape, we at Bayad must implement advanced cybersecurity measures, ensuring that everyone has access to reliable financial services."
"I am both honored and humbled to receive the Cybersecurity Practitioner of the Year Award. This recognition is genuinely a testament to Bayad's unwavering commitment and the collective effort of our team in establishing digital trust as we help spur the country's digital transformation journey," Bañez said.
Bayad president and CEO Lawrence Y. Ferrer added, "Through RB Bañez's dedication and cybersecurity leadership, Bayad has intensified our digitalization efforts. The Cybersecurity Practitioner of the Year Award inspires us to implement further solutions that will elevate the financial experience in the Philippines, ensuring that every transaction coursed through Bayad is reliable and secured."
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