In this episode of the CIO Confessions podcast, host Gert Jan van Halem sits down with Adam Banks, former CIO/CTO of Visa and AP Moller Maersk. Adam has great experience leading IT in large global companies and startups and serving on the board of eight diverse businesses.

Adam shares his unique perspective on digital transformation, emphasising that it's about generating new revenue streams by leveraging customer intimacy and building new capabilities rather than simply improving existing IT systems.

5 Lessons You Will Learn From This Episode

• Digital transformation is about generating new revenue, not just improving IT.
• CIOs need to understand the business deeply and communicate the value of technology in business terms.
• Developing strong EQ and people skills is mandatory to lead effectively.
• Balance management and leadership styles are crucial.
• Embrace enterprise architecture as a strategic tool.