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UAE’s Mashreq Bank appoints Tushar Vikram as new India head

Mashreq Bank Appoints Tushar Vikram as CEO of Mashreq India: Key Points

  1. New Appointment:
    • Tushar Vikram, former Citibank India executive, has been named the new country head and CEO of Mashreq India.
  2. Responsibilities:
    • Vikram will lead the bank’s operations and strategic direction in India to drive its growth.
  3. Mashreq Bank’s History in India:
    • Mashreq Bank has been operating in India since 1980, offering products and services for corporate clients and financial institutions.
  4. Tushar Vikram’s Background:
    • Vikram has over 28 years of banking experience.
    • He was previously the group head of investment banking at HDFC Bank.
    • He spent 27 years at Citibank India, holding various leadership roles including head of commercial banking for India.
  5. Mashreq Bank’s Digital Enhancements:
    • Over the past 18 months, Mashreq Bank has been enhancing its digital banking capabilities.
    • Partnered with i2c for digital payment solutions.
    • Replacing its legacy core systems with Oracle’s Flexcube core banking platform.

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