Mashreq names Tushar Vikram as Country Head and CEO of India

Tushar Vikram
Tushar Vikram

Mashreq, a leading financial institution in the MENA region, has announced the appointment of Tushar Vikram as its new Country Head and CEO of India, effective June 2024.

Tushar Vikram, a seasoned business banker with a career spanning three decades, will helm Mashreq’s operations in India, driving the strategic direction and growth for the bank in the country.

Before joining Mashreq, Tushar served as the Group Head of Investment Banking for HDFC Bank, where he led key divisions including Project Finance, Equity, Debt Capital Markets, and Mergers & Acquisitions (M&A). His extensive experience also includes 27 years at Citibank, where he held various roles in Commercial Bank, Investment and Structured Finance, Digitization, Credit Processes, and Risk Management.

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Tushar’s robust background in investment banking, corporate finance, and strategic financial management equips him with the expertise to navigate complex financial landscapes and drive sustainable growth strategies. He holds a bachelor’s degree in commerce from Delhi University and is a qualified Chartered Accountant.

“Tushar’s track record of successfully managing large-scale financial portfolios and deep experience in banking underscores his capability to effectively steer Mashreq’s growth and further strengthen our position as a key player in the Indian market. We look forward to his leadership in propelling our strategic vision and delivering exceptional value to our clients,” said Tarek El Nahas, Group Head of International Banking, Mashreq.

“I look forward to working with the talented team at Mashreq, leveraging the bank’s global network to deliver innovative financial solutions. This role presents a valuable opportunity to capitalize on my experience and build further its reputation for delivering truly world-class banking experiences for its clients,” said Tushar.

Tushar Vikram’s appointment marks a significant step for Mashreq as it continues to expand its footprint and enhance its service offerings in India, reinforcing its commitment to delivering excellence in banking and financial services.

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