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UniCredit appoints new head of digital to replace Jingle after two years
Global Banking & Finance Review®
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MILAN (Reuters) – UniCredit has named Ali Khan, a cloud specialist who joins from consultancy PwC, as its new head of digital and information, replacing Jingle Pang, the Italian bank said on Tuesday.
MILAN (Reuters) – UniCredit has named Ali Khan, a cloud specialist who joins from consultancy PwC, as its new head of digital and information, replacing Jingle Pang, the Italian bank said on Tuesday.
Jingle joined UniCredit in July 2021, a few months after the arrival of new Chief Executive Andrea Orcel. She had played a key role in the digital transformation of Chinese insurer Ping An.
A year later however, UniCredit hired former Monte dei Paschi di Siena and Nexi executive Giovanni Damiani as head of digital excellence to act as a deputy to Jingle.
“Khan’s knowledge of UniCredit’s current technology and deep expertise in cloud and data will be critical in delivering the next step of the digital and data transformation,” UniCredit said in a note, adding the changes would be effective at the end of September.
Banks around the world face a major challenge in having to shift their core IT infrastructure, which is made extremely complex by several layers of legacy systems that built up over the years, on to the cloud.
(Reporting by Valentina Za; Editing by Keith Weir)
Digital transformation refers to the integration of digital technology into all areas of a business, fundamentally changing how it operates and delivers value to customers.
Cloud technology allows users to access and store data and applications over the internet instead of on local servers or personal computers.
A head of digital is a senior executive responsible for overseeing a company's digital strategy, including technology implementation and digital marketing efforts.
A digital transformation strategy is a plan that outlines how an organization will leverage digital technologies to improve processes, enhance customer experiences, and drive business growth.
Legacy systems are outdated computing systems or applications that are still in use, often posing challenges for integration with newer technologies.
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