UAE’s Mashreq Bank appoints Tushar Vikram as new India head
UAE-based Mashreq Bank has appointed former Citibank India exec Tushar Vikram as the new country head and CEO of Mashreq India.
Mashreq India’s new CEO Tushar Vikram (Image: LinkedIn)
Announced via a post on LinkedIn, Vikram will be responsible for leading the bank’s operations and “strategic direction” in India to drive its growth in the country.
The bank has been operating in India since 1980, providing products and services for corporate clients and financial institutions to help them “successfully navigate the complexities of international trade with confidence”.
Vikram brings over 28 years of banking experience to his new role, most recently acting as the group head of investment banking at Mumbai-headquartered HDFC Bank.
However, the bulk of Vikram’s career has been with Citibank India, where he spent 27 years. He began as a risk manager and progressed through various leadership roles, including director of corporate banking for North India before ultimately being promoted to head of commercial banking for India.
Over the past 18 months, Mashreq Bank has been actively enhancing its digital banking capabilities. Last year, the bank partnered with i2c, a US payment and banking services provider, for its digital payment solutions. More recently, it was revealed that the bank is set to replace its legacy core systems with Oracle’s Flexcube core banking platform.
