Deutsche Bank has boosted its FinTech interests with two new appointments to its innovation department.
Elly Hardwick will take the role of head of innovation while Philip Milne has been appointed as chief technology officer (CTO) for innovation.
Hardwick will take up her role in early December to lead the bank’s innovation activities and manage the Deutsche Bank labs globally. She will work closely with FinTech companies and the bank’s business divisions to drive the adoption of new technology developments.
A FinTech entrepreneur and former CEO of Credit Benchmark, an independent source of consensus credit risk information, she was previously global head of strategy, investment and advisory at Thomson Reuters.
Prior to that, Hardwick also had a spell at Morgan Stanley.
Milne joined Deutsche Bank in early November and will act as an interface between the Deutsche Bank labs and the bank’s wider technology organisation.
He has previously worked in both the financial and technology sectors in London and California, most recently as CEO and founder of a virtual reality start-up in Silicon Valley.
Hardwick will be based in London and Milne in California. Both will report to JP Rangaswami, chief data officer, head of strategy and innovation for the chief operating office.
“Close collaboration with the innovation community is a priority for Deutsche Bank,” said Kim Hammonds, member of the management board for Deutsche Bank and group chief operating officer.
“These appointments will help accelerate the adoption of emerging technologies to enhance our service to clients and internal processes.”