London, 24
September 2014
Lafferty Group today announced
the appointment of John Egan, author of The
Future of Banking, as Head of Innovation and Foresight.
In doing so the Group
highlighted an increased focus on disruptive technology and its impact on
retail banking. On taking up the appointment Mr Egan stated his intention
of enhancing Lafferty’s position as a global voice on innovation in
retail finance.
Egan is an economist, award-winning entrepreneur, author and
renowned thought leader focused on foresight and innovation, particularly in
retail banking. His work has highlighted the accelerating pace of change in
this area with reduced barriers to entry and the ‘cherry-picking’
of services by new start-ups and adjacent players.
The former CEO of Sandbox, the global innovation think-tank,
will take up his new role with London-based Lafferty Group on 1st
October. In this position he will use his experience to support Lafferty
clients across the globe.
“John brings energy, experience, and a unique
perspective to our business, and we are thrilled to have him join the
team,” said Lafferty CEO Robert Grealis. “He is an exceptionally
talented executive with an in-depth understanding and vision for the role
innovation can play in the future of retail banking. In making this
appointment we are responding to and anticipating our clients’ needs in a
rapidly changing environment.”
Mr Egan explained how he views the new role. He said
“Lafferty Group is a tremendous organisation with a legacy of cutting
edge financial insight through dependable research, reporting and thought
leadership. I am looking forward to this opportunity to work with the Lafferty
team on extending that authority into the financial innovation and foresight
space”.
About Lafferty Group
Founded in 1981, Lafferty Group is the world's leading provider
of advanced knowledge services for the retail banking and consumer financial
services industry. With particular specialisations in the fields of retail
banking, cards and payments and mobile financial services, the group's
comprehensive services include senior management councils, benchmarking
research databases and studies, thought leadership reports, conferences,
webinars, insights and advisory services. Lafferty Group has a track record of
success and innovation, most recently in 2011 with the launch of the Retail Banking
Academy, the first
organisation dedicated to post-graduate education and professional development
of retail bankers worldwide.
About John Egan
John Egan is an economist, award-winning entrepreneur and
renowned thought leader focused on foresight and innovation, particularly in
retail banking. John has a track record of success in the finance and
engineering sectors. Having worked in Investment banking in the US and Europe,
John and has spent much of the last 4 years working with several of the world's
largest banks on their innovation strategies. He has authored or contributed to
a number of reports and books on the future of retail banking including
"The New Normal - The Future of banking". “Next Generation
Finance” (Harriman House) and “New Ideas, New
Ireland” (Gill & McMillan). He sits on University
College Dublin’s Innovation Academy board of studies and is a faculty member at
the Retail Banking Academy.