Meet the CIO | Investec's Shabhana Thaver: 'It's not just about the tech'

Loading player...
Meet the CIO is presented by Wipro.
---
There is much more to being a chief information officer than being an advocate of the latest technology. In fact, articulating a vision, and architecting it, is critical.
That’s according to Shabhana Thaver, CIO at Investec Specialist Bank, who is the guest in the hot seat in episode 2 of TechCentral’s new interview series, Meet the CIO, which is presented by Wipro.
According to Thaver, technology is changing banking and many other industries in fundamental ways, and CIOs need to play a big role in providing an holistic view to the rest of the C-suite of what those changes mean for their company and for their industry.
“You have to be a risk officer, you have to be a compliance officer, you have to be a CIO, you have to understand the commercials and the revenue side of things… I'm a technologist, I love the fancy new stuff and dabbling and playing with it, but being in in a bank, which is systemic, you have to consider the impact of what you are doing, not just the change and the benefit.”
In the interview, Thaver discusses:
• Her career background in software development, and what led her to Johannesburg from Durban, her hometown, and then to Investec;
• Her career at Investec, leading to her appointment as CIO;
• The role of the CIO in a modern bank like Investec, and how the role of an IT leader differs in a bank compared to other industries;
• What makes a good CIO – and the role the CIO should play in helping establish organisational strategy;
• The big IT projects she is leading at Investec and the impact these will have on the bank;
• Investec’s technology stack and how it compares to other banks in South Africa;
• The likely impact of artificial intelligence – including generative AI – on Investec and its clients, including a look at how the bank is approaching AI;
• How AI will impact the banking industry – as well as what it means for productivity and jobs; and
• How else technology is changing the banking industry
Don’t miss a fascinating interview.
10 Sep 2024 English South Africa Technology · Business

Other recent episodes

TCS | Frogfoot sees bigger fibre deals coming

Frogfoot plans to keep buying smaller fibre network operators in South Africa’s suburbs as the market consolidates, but CEO Shane Chorley stopped short of ruling out a sale of the business. “I’d be ignorant to say that we would ignore any offer,” Chorley said on the latest episode of the…
8 Oct 40 min

Meet the CIO | Vodacom’s Mohamed Sami on the agentic future

Mohamed Sami, group chief information officer at Vodacom, says autonomous AI agents that resolve customer problems without handing them to a human are the next big shift in customer experience – and that it is closer than many think. Speaking on TechCentral’s Meet the CIO podcast series, brought to you…
5 Oct 44 min

TCS | Norrsken22’s Lexi Novitske on how China is winning African tech

Chinese companies have built their position in African technology one layer at a time – first phones and telecoms equipment, then fintech and now the AI models that local start-ups build on. American private capital, meanwhile, is pulling back. Lexi Novitske, general partner at Norrsken22, thinks US investors will regret…
1 Oct 28 min

TCS | Dominic White and Adam Ely on AI agents going rogue

AI agents are no longer a thought experiment for security teams. They are breaking out of test environments, hacking real companies and, according to one of our guests, already going rogue inside large businesses. In this episode of the TechCentral Show, TechCentral deputy editor Fanie van Rooyen talks to Dominic…
29 Sep 1 hr 26 min

TCS | Octotel’s Trevor van Zyl on the fibre merger question

Octotel CEO Trevor van Zyl joins the TechCentral Show to talk about where South Africa’s fibre market goes next – including a potential merger with MetroFibre Networx. Van Zyl told TechCentral that Octotel and MetroFibre Networx are assessing a combination that would create the country’s third-largest fibre network operator, with…
16 Sep 25 min