Scotiabank Gives $3 Million to Create the Scotiabank Digital Banking Lab at Ivey Business School, Western University
LONDON, ON - March 31, 2016 /CNW/ - Today Brian Porter, President and CEO of Scotiabank, spoke to Ivey students, at Western University, about driving the Bank's digital strategy and announced $3 million in funding to create the Scotiabank Digital Banking Lab at the Ivey Business School.
Porter made the announcement, during his keynote address, as part of the J.C. Taylor Distinguished Lecture in Finance. The funding is part of a collaborative partnership between Scotiabank and the Ivey Business School, focused on digital banking, which will help generate thought leadership and develop future talent in the digital space.
Key elements of the partnership
Quotes
"In this day and age, it's impossible to separate our digital strategy from the Bank's overall strategy. Digitizing our customer interfaces, our distribution channels and our internal processes are all critical to delivering on our overall vision to provide a consistently excellent customer experience. We are proud to partner with Ivey to create the Scotiabank Digital Banking Lab and look forward to seeing the outcomes from this exciting new collaboration."
- Brian Porter, President and CEO, Scotiabank
"I'm excited to launch a partnership with Scotiabank, an organization with a reputation as a global leader in emerging digital business issues. Our partnership will help to shape the future of finance and banking, advance academic and practitioner research and provide exciting learning experiences for Ivey students. I would like to thank Scotiabank for their leadership and support and together I'm confident we can drive home-grown Canadian innovation to address the challenges facing the finance sector."
- Robert Kennedy, Dean, Ivey Business School
Scotiabank's digitization
About Scotiabank
Scotiabank is Canada's international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and parts of Asia-Pacific. We are dedicated to helping our 23 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 89,000 employees and assets of $920 billion (as at January 31, 2016), Scotiabank trades on the Toronto (
About the Ivey Business School, Western University
The Ivey Business School (www.ivey.ca) at Western University is Canada's leading provider of relevant, innovative and comprehensive business education. Drawing on extensive research and business experience, Ivey faculty provide the best classroom experience, equipping graduates with the skills and capabilities they need to tackle the leadership challenges in today's complex business world. Ivey offers world-renowned undergraduate and graduate degree programs as well as Executive Development at campuses in London (Ontario), Toronto and Hong Kong.