The Future Focused CXOs Podcast | Episode 14 |Allan Rayson, Chief Information Officer, Encore

The Future Focused CXOs Podcast

Discover the winning strategies top CXOs use to drive growth in their companies, even in the toughest of times! Join us on this must-listen podcast as we learn from the best in the business world. Highlights: 1. Introduction: Allan Rayson, the Chief Information Officer of Encore Bank, discussed his role in technology and innovation for the bank based in the Southeastern part of the United States. Encore Bank is a rapidly growing commercial bank. 2. Building a Personal Brand: Allan emphasized the importance of building a personal brand. He shared that it's not easy, and it requires hard work, strategies, and authenticity. He has used his personal brand to explore interests in music, film production, and content creation. 3. Balancing Security and User Experience: The interview delved into the challenge of balancing data security with a good user experience in the banking industry. Allan highlighted the difficulty in achieving this balance and the need for robust safeguards, even if they may disrupt user experience to some extent. 4. Future of Fintech: Allan discussed the future of fintech and how technology adoption and customer expectations are shaping the industry. He emphasized the importance of staying relevant and focusing on innovation to meet evolving customer needs. 5. Career Challenge and Risk-Taking: Allan shared a pivotal career moment when he left a high-paying job to launch a startup, taking significant personal and financial risks. He encouraged taking risks and learning from both successes and failures. 6. Diversity in Revenues: Allan drew a parallel between his approach to personal risk-taking and lending principles, highlighting the importance of diversity in revenue streams and avoiding over-concentration. 7. Advice for Aspiring Professionals: Allan's advice for aspiring professionals was to remain humble, recognizing that they don't know everything. He stressed the importance of learning from both successes and mistakes and trusting one's instincts.