Emirates NBD drives digital strategy with senior tech appointments
Emirates NBD has also revealed the creation of a Digital Council
Emirates NBD has appointed two senior technology heads to drive its digital transformation strategy.
Miguel Rio Tinto has been appointed chief information officer (CIO) to lead the Group's Information Technology division, and Evans Munyuki has been appointed as chief digital officer (CDO) to lead the Group's newly established Digital Office.
Tinto and Munyuki both have strong reputations for leading high-impact technology transformations in financial institutions across developed and emerging markets.
As CIO, Tinto will spearhead Emirates NBD's AED 1bn IT transformation. This four-year initiative aims to build IT capabilities including significant architecture, infrastructure, operating model and platform upgrades. The bank has also announced plans to launch its own private cloud platform.
Tinto's prior role was with McKinsey & Company's Iberia office where he was a partner responsible for major IT and digital transformations for financial institutions across Europe, Latin America and the Middle East. Previously, Tinto was both COO and CIO for Novo Banco SA, one of Iberia's largest financial institutions.
As CDO, Munyuki will lead Emirates NBD's Digital Office mandated to accelerate the bank's end-to-end digital capabilities, aligned with its broader strategic priorities. This includes all digital user experience and product development initiatives, as well as artificial intelligence, analytics, fintech and corporate partnerships, API business models, innovation, and Research & Development.
Munyuki undertook multiple CDO, CIO and P&L business leadership roles across a combination of traditional financial and technology companies such as Barclays Africa and IBM (USA and Africa).
Additionally Emirates NBD has revealed the creation of a Digital Council, comprising representatives from Emirates NBD Group's executive team, led by group executive officer, Shayne Nelson and group chief operating officer, Abdulla Qassem, to oversee the Digital office, as well as plans to drive the future of banking and payments in the UAE.