Hub & Spoken: Data | Analytics | Chief Data Officer | CDO | Data Strategy Diary of a CDO: First Citizens Bank: The evolution of the CDAO role over 6 years with Brian Paull
Apr 11, 2024
Brian Paull, Chief Data & Analytics Officer at First Citizens Bank, shares his insights on the evolving role of the CDAO. He highlights how responsibilities have shifted from reactive to strategic data initiatives over six years. Paull discusses the balance of driving business value while meeting regulatory demands. He also delves into the complexities of aligning AI with business objectives, promoting collaboration, and ensuring successful adoption of data initiatives within organizations. Join for an engaging discussion on the future of data leadership.
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CDO Role Evolution
- The CDO role has evolved through three generations: reactive, infrastructure-focused, and business-value-driven.
- The current generation emphasizes connecting data initiatives to business objectives and customer-centricity.
Balancing Regulatory and Business Needs
- Balance regulatory requirements with strategic business priorities, leveraging regulatory momentum when possible.
- Prioritize business value over blindly following industry trends or achieving higher maturity scores.
Lineage Documentation Without Value
- Brian Paull recalls a situation where lineage documentation was presented as a solution to a regulatory issue.
- However, the documentation lacked practical use and wasn't updated, highlighting a disconnect between task completion and business value.
