Retail Banking “Ripe for Disruption”, says Former Banking Chief
LONDON, June 18, 2013 /PRNewswire/ –
“The rate of change and innovation in retail banking and financial services in this
country and across the world is at the tipping point thanks to consumer demand for digital
change in their lives” Deanna Oppenheimer, CEO, CameoWorks and former Vice Chair of Global
Retail Banking for Barclays said today at a conference in London.
Speaking at the Anthemis Innovation Playground conference, Ms Oppenheimer announced
that she would be advising Anthemis Group as a Venture Partner, a leading digitally native
company focused on re-inventing financial services through technology. Her partnership
with Anthemis will help to scale companies that are bringing rapid technological and
social changes to the financial services industry.
Far from taking a combative approach, Ms Oppenheimer reiterated her belief that the
route to reform for the financial services sector lies in collaboration between the
establishment and these new innovative companies. “Companies with scale are often
challenged by launching new ideas, companies with new ideas often struggle to achieve
scale. There is a natural fit between young entrepreneurial companies with disruptive
ideas and their more established counterparts. Anthemis fosters this critical and crucial
collaboration and I’m pleased to be applying my 30 years of experience in the industry to
their fresh approach.
“The customer experience in financial services and retailing is facing its most
fundamental change in this century. Recent technological advances and social changes, now
at the fingertips of the majority via smartphones, have given rise to a new kind of
consumer, one that is much more connected and demanding. Young, consumer centric, service
and experience-lead startups like Fidor Bank in Germany and Betterment in the US are
re-defining the customer’s experience in banking; it will not be long before that kind of
disruption reaches all parts of the world.”
Nadeem Shaikh, Founder, Anthemis Group and Managing Director, Anthemis Edge said,
“Deanna brings unparalleled breadth of experience and deep knowledge of banking services,
complementing our core team’s expertise, to help us deliver even better insights and value
to our clients and group companies (within the Financial Services industries). We’re
delighted to be working with her”.
Photographs of Deanna are available here -
About Deanna Oppenheimer
Recognised globally as one of the decade’s most influential leaders in financial
services, Deanna Oppenheimer is an acclaimed turnaround strategist known for her ability
to transform entrenched institutions into customer-centric champions. Deanna currently
serves as a non-executive director for Tesco PLC, Tesco Bank, NCR Corporation, and the AXA
Group, and is also a frequent speaker at national and international forums. As CEO of
CameoWorks, a boutique retail and financial services advisory firm, Deanna connects global
companies with American west coast innovation.
Previously, Deanna held c-level positions at national and international financial
institutions. She most recently served as Vice Chair, Global Retail Banking at Barclays,
where she was also CEO of UK and Western Europe Retail Banking.
Anthemis Group [http://www.anthemis.com/#/home ] is a young, dynamic growth company
focused on re-inventing
financial services for the 21st century. We are distributed,
networked and emergent; an approach we believe is optimally aligned with the economic,
cultural and competitive environment of the Information Age.
People, networks and ecosystems are the foundations upon which Anthemis is built: we
are a technology and talent collective specializing in the design, implementation and
financing of innovative business models and concepts in payments, banking, wealth
management, capital markets and insurance.
We work with a diverse group of customers and partners – from start-ups and venture
capital firms to corporates, financial institutions and private equity firms – catalyzing
and accelerating positive and disruptive change across the financial industry.
Fidor bank – https://www.fidor.de
Betterment – https://www.betterment.com
SOURCE Anthemis Group