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06 December 2016
London
Reporter Drew Nicol

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Deutsche Bank increases innovation prowess

Deutsche Bank has bolstered its innovation team with the appointment of a new head of innovation and CTO.

Elly Hardwick will become head of innovation, while Philip Milne has joined as CTO for innovation.

Hardwick will join Deutsche Bank in early December to lead the bank’s innovation activities and manage the Deutsche Bank Labs globally.

Previously, Hardwick was CEO of Credit Benchmark, as well as global head of strategy, investment and advisory at Thomson Reuters.

Milne joined Deutsche Bank in early November and will act as an interface between Deutsche Bank Labs and the bank’s wider technology organisation.

Prior to joining Deutsche Bank, Milne was CEO and founder of a virtual reality start-up in Silicon Valley. He was also part of the original creative team behind the Android platform at Google and the Java platform at Sun Microsystems.

Hardwick will be based in London while Milne will be based in Palo Alto.

Both will report to JP Rangaswami, chief data officer, head of strategy and innovation for the chief operating office.

“Close collaboration with the innovation community is a priority for Deutsche Bank,” said Kim Hammonds, a member of the management board for Deutsche Bank and group COO.

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