Innovation Is Not Just About Tech, Says Bank Leumi Exec

Every industry needs innovation and it is not all about tech, said Shmulik Arbel, head of the corporate and commercial division at Bank Leumi, one of Israel’s two largest banks.

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Arbel spoke at Calcalist’s WeTechBerlin conference, held at the Hilton Berlin, Tuesday. The two-day event is held in collaboration with real estate company Aroundtown Property Holdings PLC, Israel’s Bank Leumi, its digital banking subsidiary LeumiTech Ltd., accounting firm KPMG, and the European investment fund Target Global.

Innovation requires connections between people, technologies, and industries, he said, adding that he finds it essential to bridge the gap between traditional industry and tech.