Banking giant HDFC Bank has appointed Ramesh Lakshminarayanan as Chief Information Officer. According to reports, Lakshminarayanan will be responsible for elevating HDFC Bank’s technological transformation journey through technology strategy, strengthening foundational technology, enhancing the digital capabilities and harnessing new-age AI/ML technology solutions.
An industry veteran with over 25 years of experience, Lakshminarayanan has held multiple leadership positions with leading BFSI organizations such as CRISIL, Citibank, ABN AMRO Bank, and Kotak Mahindra Group.
Lakshminarayanan joins HDFC from CRISIL, where he served as Chief Technology and Information Officer for three years and was responsible for the transformation of CRISIL’s businesses by leveraging technology, data and analytics. Prior to CRISIL, he had co-founded a big data and analytics start-up, Pragmatix Services, which eventually was acquired by CRISIL in 2017.
Commenting on his new role, Lakshminarayanan said, “I hope to utilize my experience and understanding of technology, new digital platforms, data and analytics to ensure that the bank maintains its pole position in leveraging technology.”
Prior to joining HDFC, Lakshminarayanan served as Chief Technology and Information Officer at CRISIL for three years and was responsible for the transformation of CRISIL’s businesses by leveraging technology, data and analytics.
Before this, Lakshminarayanan co-founded a big data and analytics start-up, Pragmatix Services, which eventually was acquired by CRISIL in 2017.
Speaking on the appointment, Bhavesh Zaveri, Country Head – Operations and Technology, HDFC Bank said, “We are delighted to have Ramesh join us,”
He further added, “Ramesh brings an interesting blend of professional expertise as well as an entrepreneurial acumen, acquired while running a start-up. I am confident his impeccable credentials will benefit us immensely in our quest to harness technology to enhance customer experience, acquire efficiencies and move towards the next level of growth.”
Lakshminarayanan holds a Bachelor’s degree in Physics from Mumbai University and an MBA from the University of Pune.