Bayad cybersecurity lead awarded as Cybersecurity Practitioner of the Year in the 2024 World Financial Innovation Series

Rolly “RB” N. Bañez, Bayad Deputy Chief Information Security Officer and Head of Cyber Security Governance has been recognized with Cybersecurity Practitioner of the Year Award in the recently concluded 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, 2024 at the Marriott Hotel, bringing together over 600 tech and business experts from leading banks, insurance, and micro-finance institutions across the country.

Bañez’ Cybersecurity Practitioner of the Year Award highlights his exceptional leadership in establishing 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 bills payment collection service in the Philippines, aggregating a multitude of billers into a robust system that is now being used by leading establishments and electronic money institutions across the country.

Bañez shared “With the increasing sophistication in the fintech landscape, it was essential for us at Bayad to 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 collective effort in establishing digital trust as we help spur the country’s digital transformation journey.”

Bayad President and CEO Lawrence Y. Ferrer added. “Through RB Bañez’ dedication and leadership in cybersecurity, Bayad has intensified our digitalization efforts. The Cybersecurity Practitioner of the Year Award inspires us to further implement solutions that will elevate the financial experience in Philippines, ensuring that each and every transaction coursed through Bayad is reliable and secured.”