Mashreq Bank names new head of technology to drive transition to digital future – ITP.net

Mashreq Bank names new head of technology to drive transition to digital future – ITP.net

UAE-based Mashreq Bank has appointed Alexander Raiff as its new group head of technology, transformation, and information, the bank announced on Friday.

Alexander is a seasoned technology professional with over 30 years of experience; noteworthy is his role as chief information officer in Abu Dhabi commercial bank from 2012 to 2020. More recently, he has been an advisor & angel investor for digital banking, fintech/regtech & crypto asset platforms. Alexander was also associated with Daimler Financial Services and Mercedes Benz from 2003 to 2012 as CIO across their Offices in Europe, China and Japan.

The appointment comes as the bank gears up for a fully digital future, with just 10 physical branches currently operating in the UAE. Two years ago, there were 34 branches.