“The Bank of England’s (BoE) recently appointed CIO, John Finch, has said that he doesn’t believe that the organisation needs a chief digital officer (CDO) to drive a digital transformation.
Speaking at Gartner’s Symposium in Barcelona this week, Finch detailed his vision for the BoE to become a ‘digital social enterprise’, but said that this will be achieved by ensuring that the entire senior executive team is technology savvy.
‘I think the chief digital officer is made up of a number of different people all at once – I think every chief executive has to have a bit of CDO in them, they need to understand how technology is transforming their business. A lot of businesses have a chief strategy officer, they clearly need to understand how this electronic digital thing is affecting their business. And I think the CIO has a role to play in this,’ he said.”
