Bank of India (BOI) names banking technology veteran Yusuf Roopawalla as Chief Technology Officer (CTO).
Roopawalla previously worked for the British international bank Standard Chartered, for almost 30 years. He resigned from Standard Chartered Bank earlier this month, where he had been Chief Information Officer (CIO) for India and South Asia since July 2019.
Roopawalla joined Standard Chartered Bank in April 1993 as an IT analyst and ascended through the ranks to become CIO. He was in charge of corporate partnerships and the Bank’s technology infrastructure competence. He also supported business activities across all business segments and made a substantial contribution to the company’s growth and profit.
Roopawalla will lead BOI’s technology decisions, develop a roadmap, and collaborate with other decision makers to optimise various IT services and investments in order to improve ROI and efficiency.
“I am excited to announce that I have joined Bank of India from 18th July 2023 as Chief Technology Officer (CTO), where I will be taking on new challenges and embracing great opportunities. I continue being in Mumbai and am looking forward to contributing to the success and growth of Bank of India,” Roopawalla said in a LinkedIn post.
Prior to joining Standard Chartered Bank, he worked as a research analyst and visiting scientist at the Centre for Development of Advanced Computing (CDAC), an Indian autonomous scientific society under the Ministry of Electronics and Information Technology.
Roopawalla has extensive expertise directing technology teams and developing strategy for banking, project and programme governance, the payment sector, and systems. In addition to merger and acquisition (M&A) technology integration, he leads technology teams that create and deploy trading systems, banking technology regulatory and risk management, core banking system management, electronic trading platforms, and process engineering and re-engineering.