Dubai, UAE,: Mashreq Bank, one of the leading financial institutions in the UAE, has appointed Vikas Thapar as its new Head of Business Banking and NEOBiz - the bank’s exclusive digital banking platform for SMEs.
In his role, Vikas will manage the bank’s Business Banking segment and NEOBiz propositions, including defining go-to-market strategy and improving the overall delivery and experience for the business banking customers. As part of his responsibilities, Vikas will closely work with other business segments to capitalize on growth opportunities as well as help drive a strong value proposition through cross sell and strategic partnerships.
Vikas brings with him more than 25 years of experience in the banking sector. Most recently he was the Senior Client Lead, MENA financial services for American digital consulting company, Publicis Sapient. Prior to that, Vikas served as EVP and Head of Business Banking at First Abu Dhabi Bank (FAB), where he led the bank’s digital transformation efforts including its digital onboarding proposition for SMEs. His prior experience also includes serving as the Executive Vice President & Head Business Banking at Emirates NBD, as well as senior leadership positions at Citigroup in India and Indonesia.
Subroto Som, Senior Executive Vice President and Group Head of Retail Banking at Mashreq Bank, said: “This appointment comes at a time of great change in the banking sector, in which the customer experience has become key and digital channels are of the utmost importance. Now more than ever, businesses require fast and convenient access to financing, as well as timely information that leads to informed decisions. This is particularly true as we emerge from COVID-19 and continue the road to economic recovery.
With his wealth of experience in business banking and digital transformation, we are confident that Vikas can bring his years of knowledge to benefit both Mashreq and its stakeholders, particularly in the SME banking segment,” added Som.
Vikas Thapar said: “It is an honor to be able to step into this new role at Mashreq. As we move forward over the course of 2021 and into 2022, customer centric business banking will be key, particularly for small and medium-sized enterprises, who have long been the backbone of the UAE economy. Under the leadership of the bank, I’ll be working to ensure that Mashreq provides the best possible service and innovative products to our valued business customers.”
This message contains information which may be confidential and privileged. Unless you are the intended recipient (or authorized to receive this message for the intended recipient), you may not use, copy, disseminate or disclose to anyone the message or any information contained in the message. If you have received the message in error, please advise the sender by reply e-mail, and delete the message. Thank you very much.
© Press Release 2021
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
