UAE Business: Mashreq appoints industry stalwart to lead Business Banking – Gulf Digital News

UAE Business: Mashreq appoints industry stalwart to lead Business Banking – Gulf Digital News

Mashreq Bank, one of the leading financial institutions in the UAE, has appointed Rajeev Chalisgaonkar as its new Head of Business Banking and NEOBiz, a full-service digital bank.

Chalisgaonkar, who boasts over 29 years of Corporate, SME and Retail Banking experience across Asia, Europe, the Middle East and Africa, will help define the go-to-market strategy and build on the overall delivery and experience for Business Banking customers.

He will closely work with other business segments to capitalise on growth opportunities as well as help drive a strong value proposition through cross sell and strategic partnerships to further strengthen the Mashreq SME ecosystems and in turn enhance the offering for our SME customers.

Thought leader

Widely acknowledged as a thought leader in the SME banking and fintech industry, Chalisgaonkar has extensive experience in the digital transformation of business lending, development of new lending models based on alternative data, and forging partnerships with large data-driven entities for business expansion.

Fernando Morillo, Group Head of Retail Banking at Mashreq, said: “The banking landscape in which we operate today is fast changing and dynamic, but in the current climate it also comes with unpredictable market conditions. Our customers rely on our unrivalled knowledge and expertise to help negotiate a