TechCentral (main feed)

Absa Group CIO Wilhelm Krige on the big Barclays de-merger


Listen Later

In this episode, Duncan McLeod interviews Absa Group CIO Wilhelm Krige about the mammoth project, now mostly completed, of separating the banking giant's IT systems from former parent Barclays.
The total cost of the separation amounted to R17.5-billion, with Barclays paying R12.6-billion to help fund it. Much of this spend went to the IT project involved in separating the systems of the two banking giants, with a significant amount also earmarked to marketing costs associated with the rebranding to Absa.
In the podcast, Krige talks about the scope of the IT separation, the complexity involved, how the group got it right with only a few hiccups along the way, and how it has positioned Absa for future innovation and growth.
He covers the milestones achieved during the project and what he'd do differently with the benefit of hindsight. He also talks about the involvement of regulators in the project and why they had to be kept regularly updated on the progress.
Lastly, Krige explains the impact of the Covid-19 lockdown, both on this project and on the bank more broadly.
It's fascinating discussion about one of South Africa's biggest-ever IT projects with one of the country's leading CIOs. Don't miss it!
...more
View all episodesView all episodes
Download on the App Store

TechCentral (main feed)By TechCentral


More shows like TechCentral (main feed)

View all
The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

228,756 Listeners

Economist Podcasts by The Economist

Economist Podcasts

4,150 Listeners

Tech Radio Ireland by TechCentral.ie

Tech Radio Ireland

6 Listeners

WorldWide Markets with Simon Brown by JustOneLap.com

WorldWide Markets with Simon Brown

19 Listeners

The Money Show by Radio 702

The Money Show

34 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

8,396 Listeners

The Peter Attia Drive by Peter Attia, MD

The Peter Attia Drive

8,507 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

10,018 Listeners

History of South Africa podcast by Desmond Latham

History of South Africa podcast

116 Listeners

Bruce Whitfield’s Business Week by News24

Bruce Whitfield’s Business Week

1 Listeners