Investor Pointe names chief innovation officer

Investor Pointe announced the appointment of a chief innovation officer to lead the firm’s innovation and product strategy. The role will guide development of digital products and coordinate technology and product teams across the company.

The executive will be tasked with identifying opportunities to streamline client experience, accelerate time to market for new features and manage pilot projects. The position will also set priorities for research and development and work to scale successful initiatives across the organization.

The company said the officer will evaluate emerging technologies and run cross-functional innovation programs. The role includes sourcing strategic partnerships with technology providers and fintech firms to expand Investor Pointe’s service offerings.

The announcement did not include the officer’s name, start date or any financial details related to the hire. Investor Pointe indicated it will provide additional information about the executive’s background and immediate priorities in coming weeks.

The appointment follows a trend among financial firms to create senior innovation roles as they increase investment in digital tools, data analytics and partnership models. Investor Pointe plans to integrate the new role into its existing leadership structure and expects the officer to help accelerate delivery of new client services and expand the firm’s product lineup over the next 12 to 18 months.