AfrAsia Bank announces appointment of new Head of ICT Security

AfrAsia Bank continues to invest in Cyber Security and in this context has announced today the appointment of Narayan Samant who join its leadership team as Head of ICT Security and Transformation

In this newly created role, he will scale the Information and Cyber Security governance as the Bank.  In a time of dynamic changes in web and mobile world, his mission will be to ensure that AfrAsia Bank continues to embrace the most appropriate strategic and operational approaches for enhanced security for its customers as the bank embraces Fintech ecosystems and brings new offerings to its customers.

Narayan has over 25 years’ experience in the technology space, and prior to his appointment, he has held key leadership position as Chief Technology Officer for large franchises at both DBS India and Development Credit Bank India. He has worked for various multinational banks throughout his career, focusing on enabling business through agile product processers, building robust networks and security infrastructure, real-time disaster recovery & business continuity as well as a rolling out state of the art applications to enhance customer experience. He successfully executed the business / branches expansion, capacity building & transformation plan while implementing the first “DIGIBANK” in Asia. In addition, he was closely engaged with the “best breed of banking” regulators and monetary authorities in various countries like India, Singapore, Hong Kong and Dubai picking up the most stringent regulatory compliance, essential for strengthening the information security & cyber security for core DBS countries.

“Focusing on protecting customers is fundamental, particularly at a time when increasing digitalization and connectivity have increased cyber risks. Cybersecurity is a challenge that needs to be understood, respected and kept up-to-date at all times and I am confident that Narayan’s experience and expertise will further reinforce our objective of buttressing our security systems, hence further protecting our customers,” said Vijit Yadav, Chief Operating Officer at AfrAsia Bank.

As AfrAsia Bank pursues its digital roadmap and takes advantage of mobile, cloud and leading-edge technology solutions, Cyber Security plays a strategic role in providing the cover in order to conduct business efficiently and securely.  The appointment of Narayan demonstrates AfrAsia Bank ongoing commitment to enforce security policy and strengthen cyber resilience.

“I am extremely thrilled to be part of this exciting digital transformation journey that the Bank has embarked upon and look forward to work with the tremendously passionate team while ensuring the highest standards of cyber security and give the customer a highly secure environment to Bank “ said Narayan Samant.