Traditional banks are facing unprecedented disruption from challenger
banks today. So why aren't more of them launching challenger banks of
their own? Well, two high-profile examples - JP Morgan's Finn and RBS's
Bo - were launched with much fanfare, but both shuttered after less than
a year. In light of this, the success of TMRW digital bank by UOB,
launched in Thailand in 2019 and Indonesia in 2020, is astonishing. Dr
Dennis Khoo, who created TMRW, shares with us the thinking behind the
design of this revolutionary undertaking. At every step of the way, he
and his team went against established paradigms and bucked conventional
wisdom to build ASEAN's first digital bank. Filled with visionary
analysis and on-the-ground guidance, Driving Digital Transformation
demonstrates how this success can be replicated across all industries.
For any leader or organisation starting on a major digital initiative,
this book is a must-read. "What makes this playbook particularly
valuable is that it is written by Dennis Khoo, one of the sharpest minds
in the industry." - Mary Huen, CEO, Standard Chartered Hong Kong