Why every bank wants a robo advisor | Ned Phillips, Bambu

Searching for Mana with Lloyd Wahed

Searching for Mana dives deep into WealthTech this week as Ned Phillips (Founder and CEO of Bambu, co-host of the WealthTech UnWrapped podcast) sits down with Lloyd to talk robo-advisors, sales and so much more.

After starting out as a London insurance salesman in the early 1990s, Ned found success in the east as Etrade’s Managing Director for Asia. Since then, he’s become a leader in the global WealthTech space, providing solutions to HSBC, Standard Chartered, Franklin Templeton and more. And he’s only just getting started.

On the podcast, Ned tells Lloyd about the skyrocketing demand for robos amongst banks and why he wants the name ‘Bambu’ to be synonymous with WealthTech. He also explains why he never hires anyone who’s rude to a waiter, why salesmen should always work as a team of two, why a positive attitude is everything, and how FinTech is poised to be a pillar of the Singaporean economy,

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Check out Ned’s podcast, WealthTech UnWrapped

Episode Highlights:

03:20: Ned introduces us to Bambu and explains why he wants to rule the world of WealthTech

11:55: Big demand from banks: why so many companies are seeking out robo advisors

20:05: Turning Bambu into THE global WealthTech company

22:30: How Ned determined his career path

27:31: Ned’s superpowers: competitive spirit and relentless positivity

35:30: Why Ned prioritises attitude above skills when hiring

40:10: Lloyd’s advice for job interviews: “Be disgustingly well prepared”

46:15: Be the solution: Ned’s tips for being a great leader

50:25: How fintech could become the fourth pillar of Singapore’s economy