Agents of Change: Danny Dagher, CIO at Bank Audi, on Predicting the Future

January 19, 2016
Agents of Change: Danny Dagher, CIO at Bank Audi, on Predicting the Future

VMware’s Agents of Change initiative celebrates smart CIOs that are catalysts for change, harnessing the transformative power of technology to change the way their business operates.

“If a CIO does not consider himself as a change agent, then he’s in the wrong job.” This is the no-nonsense view of Danny Dagher, CIO of Bank Audi, a leading commercial bank in Lebanon and one of the fastest growing banks in the region.

Dagher believes that if CIOs want to truly embrace this role, then they must also become the change predictor in their business.  “The CIO leads the team that understands emerging technology trends. The CIO should consider how these trends are impacting different industries. Then they can predict how technology is going to shape the industry their business is operating in, and how they can adapt to remain one step of ahead of the competition.”

According to Dagher, many of the bank’s competitors are lagging in the shift to digital. “Most of the players in our industry, in my opinion, hide behind regulatory and compliance requirements, in order to not adopt technology.  But of course, that change will come. Already we are seeing new small and agile entrants whose businesses are built on the innovative use of technology.”

Look out for our next Agents of Change post.

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