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ADB's innovation sandbox is helping it become a more digitally-capable bank ZDNet

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The Asian Development Bank (ADB) was formed with the aim of fostering economic growth in some of the poorest regions in the world. With that as its charter, ADB's CIO from the organisation's office of information systems and technology, Shirin Hamid, said it's difficult to compare ADB to the likes of other banks when talking about digital transformation. "DBS for example in Singapore has basically positioned itself as a digital bank, but as a development bank, where our partners and what we deliver is on the ground with countries that are from different landscapes -- we have middle income and the least developing countries -- are they ready for a bank like us to be a digital bank?," she said, speaking at Gartner IT Symposium/Xpo on the Gold Coast last week. You can download all of the articles in this special report in one PDF (free registration required). Hamid said she recently had a conversation with ADB's vice president of finance and risk management centred on determining if ADB was ready to be a digital bank.

  Country: Asia > Singapore (0.25)
  Industry: Banking & Finance (0.56)