Dubai’s Emirates NBD appoints CIO and CDO in digital push

The bank is spending Dhs1bn on an IT transformation initiative



Dubai’s largest bank Emirates NBD has appointed chief digital and information officers as part of wider digital push.

The bank said on Tuesday that Miguel Rio Tinto would lead its information technology division as CIO and Evans Munyuki would lead its newly established digital office as CDO.

It also announced the creation of a digital council with representatives from its executive team including group CEO Shayne Nelson and COO Abdulla Qassem.

Tinto joins from consultancy firm McKinsey’s Iberia officer where he was partner responsible for IT and digital transformation. He was previously COO and CIO of Novo Banco SA.

The new CIO will lead Emirates NBD’s Dhs1bn ($272.2m) IT transformation initiative and plans for a private cloud platform.

Munyuki was most recently CDO and CIO at German fintech firm MyBucks and has held previous positions at Barclays Africa and IBM.

He will lead the bank’s digital product development and its use of technology including big data and artificial intelligence.

“As we continue to accelerate our technology transformation, I am very pleased to have Miguel and Evans join our team. These exceptionally talented and proven leaders have the vision, experience and depth of knowledge necessary to help lead our bank into the digital future through an integrated strategy, leveraging world-class IT innovation and capabilities,” said Qassem.

Last month, Emirates NBD revealed plans to use connected payment cards. In 2017 it also launched its own e-commerce platform and a digital banking service targeting millenials as lenders in the country seek expansion through online channels rather than traditional brick and mortar branches.

Read: Dubai’s Emirates NBD targets millennials with digital banking service Liv.

Read: Dubai bank Emirates NBD launches e-commerce platform

Read: UAE’s Emirates NBD to roll out connected payment cards