Innovation Talk with Standard Bank

In a recent conversation with Sriranga, Khomotso Molabe, Group CIO, Personal and Private Banking at Standard Bank Group, discussed the top drivers shaping the African banking fraternity. He addressed how the young population’s needs and aspirations are influencing banking and the realization of their dreams. Additionally, he elaborated on the usage of mobile technology. KK also discussed SB’s technology infrastructure and how it supports growth across the continent in terms of customer engagement and operations. He highlighted why SB focuses on both human and digital transactions. Furthermore, KK shared SB’s key focus areas for the near future and the long term.

“Cloud transformation is actually a cultural transformation in an organization. It’s about changing the way an entire organization operates.”

KK delved into the next and best practices of cloud transformation, emphasizing that it is not just another project but a cultural shift. He detailed better approaches for cloud transformation, including public, private, and hybrid models.