Technology Magazine December 2017 | Page 166

Sandeep Chouhan , EVP – Group Head Operations and Technology , describes the ways in which high-level technology has kept the 50-year-old business at the top of its game in the UAE

Mashreq Bank , the market leader in banking innovations in the UAE , is celebrating its 50th Year in 2017 , having begun operations as Bank of Oman in 1967 .

Over the past five decades , Mashreq has been serving residents and businesses in several countries tirelessly , never ceasing in its pursuit to be the most relevant and technologicallyadvanced business it can be .
With a background in mechanical engineering as well as banking , Sandeep Chouhan , EVP – Group Head Operations and Technology , is best-placed to bring his wealth of expertise into Mashreq . He has been with the bank since early 2015 , after holding CIO and COO roles for over 30 years with the likes of Morgan Stanley , Barclays Bank , and Citigroup . In his role , Sandeep leads the global transformation of Mashreq ’ s Operations and Technology across its international footprint .
Chouhan ’ s current responsibilities include the development of business transformation strategies – something of a strong suit for him , as it has become the backbone of his working life .
“ My ability to transform businesses is the key differentiator I have based my career on ,” Chouhan explains . “ My latest role in Mashreq is to lead a digital transformation across its global footprint with a core focus on the Middle East region , a place that is experiencing not just accelerated growth , but hyper growth .”
According to Chouhan , technology-led transformations are the only truly sustainable type
166 December 2017