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CIOs & CTOs: NEW AVATARS

Banking Frontiers

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September 2020

The roles and responsibilities of CIOs & CTOs have transformed dramatically. From a life of pure technology focus spent in airconditioned rooms, they now inhabit a hyper-complex landscape comprising business, risk, compliance, security, collaboration, business continuity, WFH and much more. Banking Frontiers presents their new avatar in this 7-part cover story:

CIOs & CTOs: NEW AVATARS

Many thanks to our participants for their wholesome contribution:

A. Shiju Rawther, CIO, Poonawalla Finance

Subhojit Roy, CIO, SBI Mutual Funds

Chaitanya Wagh, CTO, JM Financial,

Ramesh Mallya, Head of Technology - India, DBS India

Dheepak Rajoo, Sr VP - IT, RBL Bank

Practically all the financial services institutions across the world are in the process of technology transformation with digital becoming the pivot for operations. It is a major challenge for CTOs and CIOs as technologies are changing fast, cost pressures are ever increasing, and responses are required to be quicker than ever, especially in a challenging landscape of cybercrime. And add to these is the pressure that covid had brought in in every perceivable field (like for example, WFH). Most of the financial institutions are well aware of the imperative for action and have embarked on a planning for the transformation. But the journey is not going to be smooth.

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