diff --git a/examples/bank-accounting/Cargo.toml b/examples/bank-accounting/Cargo.toml
index d4c85ae5..e1fd53e0 100644
--- a/examples/bank-accounting/Cargo.toml
+++ b/examples/bank-accounting/Cargo.toml
@@ -15,7 +15,8 @@ eventually = { path = "../../eventually", features = [
 eventually-macros = { path = "../../eventually-macros" }
 eventually-postgres = { path = "../../eventually-postgres" }
 opentelemetry = "0.21.0"
-opentelemetry-jaeger = "0.20.0"
+opentelemetry-otlp = "0.14.0"
+opentelemetry_sdk = { version = "0.21.2", features = ["rt-tokio"] }
 prost = "0.12.3"
 rust_decimal = "1.34.3"
 sqlx = { version = "0.7.3", features = ["runtime-tokio-rustls", "postgres"] }
diff --git a/examples/bank-accounting/src/tracing.rs b/examples/bank-accounting/src/tracing.rs
index 987148f8..681e5313 100644
--- a/examples/bank-accounting/src/tracing.rs
+++ b/examples/bank-accounting/src/tracing.rs
@@ -1,12 +1,21 @@
 use anyhow::anyhow;
+use opentelemetry::KeyValue;
+use opentelemetry_sdk::{trace, Resource};
 use tracing_subscriber::prelude::*;
 use tracing_subscriber::EnvFilter;
 
-pub fn initialize(service_name: &str) -> anyhow::Result<()> {
-    let tracer = opentelemetry_jaeger::new_agent_pipeline()
-        .with_service_name(service_name)
-        .install_simple()
-        .map_err(|e| anyhow!("failed to initialize jaeger tracer: {}", e))?;
+pub fn initialize(service_name: &'static str) -> anyhow::Result<()> {
+    let tracer = opentelemetry_otlp::new_pipeline()
+        .tracing()
+        .with_exporter(opentelemetry_otlp::new_exporter().tonic())
+        .with_trace_config(
+            opentelemetry_sdk::trace::config()
+                .with_sampler(trace::Sampler::AlwaysOn)
+                .with_id_generator(trace::RandomIdGenerator::default())
+                .with_resource(Resource::new([KeyValue::new("service.name", service_name)])),
+        )
+        .install_batch(opentelemetry_sdk::runtime::Tokio)
+        .map_err(|e| anyhow!("failed to initialize OTLP tracer: {}", e))?;
 
     let filter_layer = EnvFilter::try_from_default_env()
         .or_else(|_| EnvFilter::try_new("info"))