FinTech Magazine January 2024 | Page 165

We speak with Jonathan Chan , Head of Global Innovation at Julius Baer , who is helping the private bank to realise value from innovation
JULIUS BAER
We speak with Jonathan Chan , Head of Global Innovation at Julius Baer , who is helping the private bank to realise value from innovation

Jonathan Chan is Head of Global Innovation for Julius Baer – a position he has held since June this year , following a twoyear stint as Head of Launchpad Asia . A graduate of Singapore Management University , Jon is a seasoned corporate innovation practitioner who recently led transformation and innovation initiatives at insurance company AXA , and agriculture company Cargill .

His appointment is in line with the bank ’ s broader view of Asia as its second home market and a key source of growth in the last decade .
Innovation in banking is not new ; multiple bank innovation labs with bold growth ambitions have come and gone . These lessons are not lost on Chan , who has set up the Global Innovation team to prove that a successful innovation model is still possible in banking .
His team boasts a dedicated full-stack capability , giving them full control of the innovation process , mixed with a blend of experience and youthful hunger . Jon ’ s team is able to take innovation projects through a pipeline starting from actively scanning opportunities on the horizon with impact on wealth management , to a robust innovation methodology of taking projects through the grind of ideation , validation and incubation which puts the ideas through real-world testing .
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