TB

Tim Bowen

Chief Executive Officer

Overview



Tim Bowen is the Chief Executive Officer (CEO) of Mutual Vision, a technology company headquartered in Wilmslow, Cheshire, UK. Mutual Vision specializes in providing core banking systems and front-end solutions, predominantly for small to mid-size financial institutions. Tim Bowen took on the role of CEO in November 2023, following his predecessor and stepping into a strategic leadership role during a transformative period for the company.

Professional Background



Tim Bowen has a comprehensive career in the financial services sector, with over 22 years of extensive experience. Before his current role at Mutual Vision, Tim served as the CEO of Penrith Building Society and held several leadership positions within Lloyds TSB. Throughout his career, Tim has developed a profound understanding of the mutual sector and its unique needs, particularly in the context of the digital transformation of financial services. This experience has equipped him with the necessary insights to drive Mutual Vision's strategy forward.

Achievements and Key Responsibilities



Digital Transformation Leadership:
  • Tim Bowen is spearheading a core transformation project at Mutual Vision, aiming to evolve the company's core banking systems to be truly cloud-native. His leadership focuses on making digitization affordable and accessible for smaller financial institutions, promoting equality in the fintech landscape.


Customer-Centric Approach:
  • Under Tim's guidance, Mutual Vision remains committed to involving customers in decision-making processes to ensure that their digital strategies are effectively aligned with market demands. This approach is designed to help customers deliver superior experiences to their end-users.


Strategic Collaborations:
  • Established an effective partnership with Mambu, enhancing Mutual Vision's ability to offer innovative digital solutions to its clientele.

  • Fostered collaborative relationships with League Data in Canada, aiming to leverage cross-continental expertise and opportunities.

  • Initiated integration plans with Sikoia, a London-based fintech, to improve workflow efficiencies and user experiences for brokers and borrowers.

  • Announced a collaboration with obconnect, a Confirmation of Payee provider, to meet upcoming regulatory requirements efficiently.


Professional Interests and Vision



Tim Bowen's strategic interests lie in addressing the digitization challenges faced by financial institutions, especially smaller and medium-sized enterprises. He is dedicated to overcoming cost barriers to ensure these institutions can adopt and benefit from cutting-edge digital solutions. Tim's vision for Mutual Vision includes becoming a significant force for good through technological innovation while maintaining alignment with the mutual ethos and culture.

Contact Details




  • Email: [info@mutualvision.co.uk](mailto:info@mutualvision.co.uk)


Upcoming Engagements



Tim Bowen is scheduled to speak at the BSA Conference 2024, presenting on "Digital core transformation for the Canadian mutual – an end to end learning journey" on May 9, 2024, from 13:25 to 14:30 in Exchange Room 10. This engagement highlights his commitment to sharing knowledge and fostering innovative practices within the industry.

Conclusion



Tim Bowen's leadership at Mutual Vision is marked by a strong focus on customer-centric digital transformation and strategic collaboration. His extensive background in financial services and commitment to ensuring affordable and effective digitization solutions position him as a crucial player in the fintech sector. Mutual Vision's progress under Tim's leadership is poised to be significant in shaping the future of digital banking for small to mid-size institutions.