Season 4, Ep.2- Rumi Morales: Reinvention as a Necessity of Recovery

Rumi Morales has seemingly done it all . . . she has worked at traditional financial institutions, advised blockchain startups, and at one point was even a lounge singer! She knows so much about the power of reinventing oneself. Rumi has adopted this unique philosophy of reinvention throughout her career. Over the years she has played the part of a forward-thinking innovator at century-old traditional organizations, while also venture investing in artificial intelligence, deep learning, predictive analytics, and quantum computing. Institutional Investor said Rumi was one of the “most powerful dealmakers in financial technology” two years in a row, and Crain’s recognized her in their esteemed “40 Under 40” list. How did Rumi achieve this success? On this episode Jeff and Rumi talk about the power of reinvention; in financial systems, businesses, and frankly life in general. Rumi shares her thoughts on how institutions can reinvent themselves to better prepare for disruption through innovative technologies. Jeff and Rumi dive deep into some of the lessons that Rumi has learned from surviving various economic crises, and how reinvention becomes particularly necessary following a crisis, as an important step on the path to recovery.

Om Podcasten

Better Innovation is a podcast featuring interviews with innovation thought leaders across all industries. It explores stories of how innovation is reshaping and transforming business in an inextricably digital world. Topics covered in this series include business model innovation, emerging trends, advanced technologies, and fostering an innovation culture inside organizations. Better Innovation is hosted by Jeff Saviano, EY Global Tax Innovation Leader (so expect a dose of tax innovation, too!). EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. The views of third parties set out in this publication are not necessarily the views of the global EY organization or its member firms. Moreover, they should be seen in the context of the time they were made.