FinTech Magazine June 2019 | Page 82

ALTERNA

WITH A 110-YEAR HISTORY , ALTERNA HAS MOVED WITH THE TIMES TO TAKE ON BIG BANKING PLAYERS – CEO ROBERT PATERSON EXPLAINS HOW IT STILL RETAINS ITS COMMUNITY VALUES

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D escribing himself as a ‘ career banker ’, Rob Paterson has been in financial services for almost 30 years . From building a bank in Vietnam to working for names such as JPMorgan Chase and CIBC , his latest role is President and CEO at a Canadian Credit Union that is developing a truly digital experience from the foundations of a century old legacy . Founded in 1908 , Alterna Savings offers services across a network of 35 branches in Ontario – not counting its digital offering , Alterna Bank , which is available nationwide . Alterna , Paterson believes , can be David taking on Goliath in the banking world , all thanks to digital transformation and disruption of the status quo .

“ I ’ ve grown up around the world ,” Paterson comments . “ I ’ ve always been looking at technology and the evolution of banking on a universal and global scale . At Alterna , it ’ s helped me take on this organization that ’ s 110 years old and use my knowledge and relationships around the world to start looking at the next 110 years . In the last three
JUNE 2019