Industry : FINANCIAL SERVICES
Company : Nedbank
Position : Divisional executive
Phone : 011 500 4911
Web : www.nedbank.co.za
Career and educational highlights
Now a veteran of the South African IT industry, Bruce MacLaren entered the IT market as a programmer/analyst in Zimbabwe in the early 1970s. He moved to IBM South Africa in 1975, where he spent 22 years in various technical, sales, sales management and senior management positions before ending his time there as head of IBM SA’s financial services. He has since filled the positions of group sales director for Omnilink (a consortium of Dimension Data, Old Mutual and Nedbank), Smarthold, and Computer Configurations Holdings (CCH). MacLaren moved to Nedbank in 2001 and was appointed to the GT Exco in 2004. He moved into his current position in December 2008.
As the Nedbank Group Technology (GT) divisional executive, MacLaren reports to the Nedbank CIO, Fred Swanepoel. With a few months to go to his retirement, he has assumed the mantle of executive – Special Projects, and is looking after Nedbank’s Mobile Banking initiatives from a technology point of view, and mentoring and coaching identified high-fiiers. He is also assigned to manage key identified special projects to ensure successful business alignment.
The next big thing in IT
The challenge remains to ensure that there is closer collaboration and alignment between the business and IT, says MacLaren. While this sounds simple, it is increasingly complex to achieve in financial services with the massive competitive landscape, new entrants, more stringent regulatory requirements, higher shareholder expectations, demanding customers and a rate of change that is unprecedented. The Nedbank-desired approach is to ‘Simplify, Rationalise and Standardise’ to remove complexity, increase agility, and drive value into the organisation. That is the challenge – do more for less, with better quality and increased speed! 90
Last update: June 2011
Published: Brainstorm CIO Directory 2011