A common theme among innovation teams at banks is the need for “executive air cover” — a C-level sponsor for that new, uncertain initiative with a questionable ROI. The CEOs below run banks that are leading the way in the innovation sector. Their bets are so big that the CEOs themselves must play a direct role in getting the new products and services off their feet, and even more importantly, guide and direct the culture of the banks that allows such innovations to grow. We salute the 10 Most Innovative CEOs in Banking in the U.S. 1. Richard K. Davis, US Bank. For some reason, US Bank still has the reputation of being a boring, conservative, Midwestern bank. That may even work to its advantage when investors look askance at its larger rivals paying fines and making settlements running to nine, ten, even eleven figures. But the truth is that US Bank is anything but dull, and the bets it has made on mobile banking under CEO Richard K. Davis will pay off down the line for its investors and its customers. In “photo banking,” the bank is the nation’s clear leader, launching mobile photo bill pay, mobile account opening, and [...]
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