Season 1 Episode 3

David Woolnough from EY discusses digital transformation in the financial sector

26 April 2022 · 20:51 min

David Woolnough is a Partner at EY and has held this position for over two years. At EY, he focuses on digital, banking, technology, and Microsoft solutions, and his skills in these areas are already being felt across EY’s African region. Prior to this, Woolnough worked in the retail and business… areas of the banking sector for over 12 years, including several years at Nedbank. In this interview, Woolnough meets with Michael Avery on the Business Talk show to discuss digital transformation, especially in the financial sector. He talks about how the role of the Chief Information Officer is changing due to digital transformation and remote working. Woolnough then talks about the challenges businesses are facing in balancing the demands of technology-driven business transformation while simultaneously keeping the lights on. He also highlights that the financial services sector is placing an increased focus on building up trust with clients through security compliance. Woolnough concludes by suggesting several key areas for businesses to focus on over the next few years, such as improving efficiencies. Show more