Deutsche Bank’s personnel moves keep coming – this time one of its foremost technology executives has jumped ship. Nick Doddy, the lender’s European Managing Director of Group Technology and Operation (GTO) Strategy and Innovation, has left to join rival Barclays as Managing Director.
Mr. Doddy served as one of Deutsche Bank’s leading technology mavens, helping push a series of advanced innovations for the global lender. These were in areas such as thumbprint technology and facial recognition, among others, developed in Deutsche Bank labs in Berlin, New York, London, and Silicon Valley.
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The move comes at an interesting time for Deutsche Bank as many global lenders have opted to take a more digitalized approach to their banking. Many of these groups have already installed fintech labs, working groups, and other personnel to help integrate a variety of technology into their existing operations as traditional banking as we know it looks to modernize.
Mr. Doddy’s role was precisely this, helping spearhead this effort for Deutsche Bank, experimenting with such utilities as artificial intelligence, cloud technology, and advanced cybersecurity measures. He will join Barclays as Managing Director of Business Architecture.
He worked in his most recent technology role at Deutsche Bank for the past three years since 2014, having previously worked as its Global Head of Foreign Exchange. He actually worked at Barclays previously, in a series of technology roles between 2007 and 2010. Additional roles include stints at JPMorgan dating back to 2003, according to information made public on his Linkedin profile.