Alkami names former SVB exec Gagan Kanjlia as new chief product officer
US-based digital banking solutions provider Alkami Technology has appointed industry veteran Gagan Kanjlia as its new chief product officer (CPO).
Commenting on the firm’s latest C-suite addition, Alex Shootman, Alkami’s CEO, states that Kanjlia brings an “entrepreneurial mindset with the proven ability to develop, commercialise, and scale market-leading products in the financial sector”.
Kanjlia previously served as CPO at Silicon Valley Bank (SVB), where he oversaw the company’s commercial banking solutions across various product lines, including payments, lending, trade finance, and more.
Over his more than 25-year career in financial services, Kanjlia notably spent 15 years at Capital One, where he held a number of senior leadership positions. He also co-founded and led Capital One Garage, the bank’s internal accelerator and incubator in Dallas.
Speaking on his decision to join Alkami, Kanjlia explains that the firm is “uniquely positioned to help regional and community financial institutions compete against megabanks’ digital capabilities”.
Founded in 2009 and headquartered in Texas, Alkami provides a range of cloud-based digital banking solutions for financial institutions in the US.
Over the past year, the company has signed deals with several new clients, including Massachusetts’ IC Credit Union, Credit Union of Texas, and Colorado-based Elevations Credit Union, which went live with Alkami’s digital business, retail and mobile banking platform in January.