Deutsche Bank Boosts Innovation Team with Two New Heads

Elly Hardwick and Philip Milne have joined the German lender in two key innovation roles.

Deutsche Bank has strengthened its innovation team with two new appointments, according to a company statement today. Elly Hardwick will become Head of Innovation and Philip Milne has been appointed as Chief Technology Officer (CTO) for Innovation.

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Hardwick is due to join imminently and will lead the bank’s innovation activities as well as managing the Deutsche Bank Labs globally. She will work closely with fintech firms and the bank’s business divisions to drive the adoption of new technology solutions.

A fintech entrepreneur and the former CEO of Credit Benchmark, Hardwick was previously Global Head of Strategy, Investment and Advisory at Thomson Reuters. Prior to that, she worked for Morgan Stanley.

These appointments will help accelerate the adoption of emerging technologies.

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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 worked extensively across the financial and technology sectors in London and California, most recently as founder and CEO of a virtual reality start-up in Silicon Valley.

He was also a member of the founding teams that created the Android platform at Google and the Java platform at Sun Microsystems. Earlier in his career, he served as the Global CTO at Dresdner Kleinwort.

Hardwick will be based in London and Milne in Palo Alto. Both will report to JP Rangaswami, Chief Data Officer, Head of Strategy and Innovation for the Chief Operating Office.

Commenting on the latest appointments, Kim Hammonds, Member of the Management Board for Deutsche Bank and Group Chief Operating Officer, said: “Close collaboration with the innovation community is a priority for Deutsche Bank. These appointments will help accelerate the adoption of emerging technologies to enhance our service to clients and internal processes.”

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