Saxena will be tasked with building an innovation ecosystem for India’s banking and financial services industry as the CTO of Reserve Bank Innovation Hub
Global Deputy CTO of State Bank of India, Amit Saxena joins RBI Innovation Hub as the CTO today.
The Reserve Bank, on 6 August 2020 to promote innovation across the financial sector by leveraging on technology and creating an environment that would facilitate and foster innovation, had announced that it would set up Reserve Bank Innovation Hub (RBIH).
To focus on promoting access to financial services and products, the RBIH shall create an ecosystem. To coordinate efforts for the exchange of ideas and development of prototypes related to financial innovations, the Hub will collaborate with financial sector institutions, the technology industry, and academic institutions. To promote Fin-tech research and facilitate engagement with innovators and start-ups, it would develop internal infrastructure.
Saxena will be tasked with building an innovation ecosystem for India’s banking and financial services industry as the CTO of Reserve Bank Innovation Hub. Saxena, in his new position, will be based in Bangalore and will report to Shyam Srinivasan, MD & CEO of RBI.
In IT Strategy formation, Application development, Stakeholder Management, and product development, Saxena has more than 22 years of experience. In driving digital initiatives and innovations in customer-centric journeys, Saxena played a leading role at SBI as the Global Deputy CTO. Saxena worked for companies like Syntel, HCL technologies, TechMahindra, and Quark before joining SBI.
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