Bridging Strategy and Execution: Transforming Financial Services Through Trust and Governance

Banking on Information

Naheed Akram, founder of Karakor Consultancy, discusses her journey from banking to transformation consulting, emphasizing the critical role of bridging strategy and execution in financial services. She explores how trust, governance, and cross-functional collaboration will define success in an AI-driven banking future.

Summary:

• Naheed thrives on big-picture, system-level problem solving.
• Karakor Consultancy manages holistic transformation across finance.
• They bridge strategy with execution as both advisors and doers.
• Clients appreciate their momentum and solution-oriented approach.
• The firm excels at early problem identification and progress under pressure.
• Future success in finance will depend on AI trust, governance, and teamwork.
• Cross-functional alignment and strong communication are essential for real results.

Keywords: Financial services transformation, Regulatory compliance, AI governance, Change management, Project delivery, Cross-functional teams, Fintech scaling, Digital banking, Risk management, Strategic execution

Key Takeaways:

• Problem-solving focus: Successful transformation requires consultants who provide solutions rather than just identifying issues, maintaining project momentum through structured delivery
• Holistic transformation approach: Effective change management considers regulation, technology, and operations simultaneously rather than addressing them in silos
• Bridge between strategy and execution: Most transformations fail at the implementation stage, requiring dedicated expertise to translate strategic vision into tangible results
• Trust as competitive advantage: In 2035, financial institutions that build robust governance, explainability, and risk management around AI will outperform those focused solely on speed of adoption
• Cross-functional alignment essential: Success requires IT, compliance, and business teams working in sync from project inception rather than adding compliance as an afterthought
• Data quality foundation: AI implementations in financial services must prioritize data governance and quality from the start to avoid future liabilities and ensure reliable decision-making
• Execution readiness over tools: The smartest leaders focus on building organizational capability to implement and scale solutions rather than just acquiring new technology

Chapters

00:00 Introduction to Naheed Akram and His Journey

02:44 The Role of Consultancy in Transformation

08:16 Future of Banking and AI Integration

12:07 Preparing for the Future of Financial Services