Digital Transformation in Banking
Overview
Digital transformation in banking is happening at a breakneck speed, where banks and financial institutions analyse, engage, and satisfy their customers while moving from the traditional to a digital world. As a result, the banking sector has transformed from being product-centric to customer-centric.
According to a LinkedIn Article in February 2023 by Gyan Consulting: “The market size for digital transformation was estimated to be $731.13 billion in 2023, and it is projected to grow at a compound annual growth rate (CAGR) of 26.7% until 2030. This growth is driven by the fact that transformation is essential for business growth.”
With such rapid growth, what are the opportunities for individuals who would like to be part of this transformation? What are the skillsets – and mindsets – necessary to maximise the chances of transitioning to this space?
Come join us for this In-Conversation event where our Career Adviser Lionel Tan will converse with IBF Fellow Kit Boone on his career journey from an engineer background to the cutting edge of digital transformation at UOB. They will review some of the most used technologies utilized by the digital banking sector and how a mid-career individual could embark on this digitalized journey.
Speakers
Hear from our panel of speakers as they share challenges, insights and real life case studies on utilising and leveraging technology, data and networks to address these challenges.
Senior Vice President, Group Technology & Operations UOB IBF Fellow
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