Mashreq appoints industry stalwart to lead Business Banking & NEOBiz propositions

Dubai, UAE: Mashreq Bank, just one of the main fiscal institutions in the UAE, has appointed Rajeev Chalisgaonkar as its new Head of Business enterprise Banking and NEOBiz – a comprehensive-provider digital financial institution completely for smaller and medium enterprises (SMEs), commence-ups and youthful business people.

Rajeev, who offers over 29 yrs of Company, SME and Retail Banking knowledge throughout Asia, Europe, the Middle East and Africa, will support outline the go-to-industry tactic and construct on the all round delivery and expertise for Business enterprise Banking customers. He will intently operate with other small business segments to capitalize on advancement prospects as well as support push a solid price proposition as a result of cross promote and strategic partnerships to even further bolster the Mashreq SME ecosystems and in convert enrich the featuring for our SME shoppers.  

Widely acknowledged as a considered leader in the SME banking and fintech marketplace, Rajeev has extensive encounter in the electronic transformation of company lending, improvement of new lending styles based mostly on substitute details, and forging partnerships with substantial data-pushed entities for business expansion.

Fernando Morillo, Group Head of Retail Banking at Mashreq, explained: “The banking landscape in which we work nowadays is rapidly switching and dynamic, but in the recent local climate it also will come with unpredictable market place disorders. Our prospects depend on our unrivalled awareness and knowledge to aid negotiate a crystal clear route through any turbulence. In Rajeev we have a stalwart of the market, whose huge expertise, specially in working with electronic transformation, SMEs and fintechs, will enable push our small business banking and NEOBiz proposition to new levels.”

Rajeev Chalisgaonkar, Head of Business enterprise Banking and NEOBiz: is a metallurgical engineer and retains an MBA from IIM Calcutta, explained: “It is a excellent honor to sign up for 1 of the oldest and still a single of the most ahead-thinking banking institutions in the UAE. SMEs are actively playing a pivotal function in shaping economies across the location and Mashreq Financial institution is at the forefront of aiding them achieve their likely. I seem ahead to doing the job with the management of the bank to build on the excellent work that has previously been carried out, ensuring that our valued company buyers keep on to acquire the very best assistance and solutions.”

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About Mashreq

One of the UAE’s best performing financial institutions for five many years, Mashreq is a foremost economic establishment with an increasing footprint throughout the Middle East. We have international workplaces in Europe, Asia, Africa and the US, and a sturdy presence in the monetary capitals of the world.

As the oldest financial institution in the UAE, our journey can be traced back to humble beginnings in 1967, followed by durations of rapid expansion and strategic enlargement. All through our historical past, Mashreq has differentiated itself by revolutionary new-to-marketplace ideas and launching distinctive products and solutions and services. 

Our revolutionary approach sets us certainly apart, it also carries on to get us many awards and accolades throughout all fields which include electronic banking, the most latest were: Sector Chief by Euromoney Income Administration Study  in UAE for Corporates and in the Center East and Africa for the Fiscal Establishments , Sector Chief by Trade Finance Study in the UAE and Center East, Center East Ideal Digital Lender by Euromoney Regional Awards for Excellence, the Most Impressive Buyer/Corporate Digital Financial institution in the UAE and Most effective Lender in the UAE by World’s Very best Lender Awards by Global Finance, Most Revolutionary Bank in the Center East by EMEA Finance and lots of other individuals.

For media enquiries, please speak to:
Rana Al Borno                                                    
Public Relations, Mashreq                                    
E-mail: [email protected]