Emirates NBD has appointed a new CIO to spearhead the bank's planned AED1 billion digital transformation effort and established a 'Digital Office' led by a freshly-minted chief digital officer.
The new appointees, Miguel Rio Tinto as CIO and Evans Munyuki as CDO, are seasoned technology executives with a strong track-record in top banking roles.
Rio Tinto joins Emirates NBD from McKinsey & Company’s Iberia Office where he was a partner responsible for major IT and digital transformations for financial institutions across Europe, Latin America and the Middle East. Previously, he acted as both COO and CIO for Novo Banco SA, one of Iberia’s largest financial institutions.
Munyuki has past experience in multiple CDO, CIO and P&L business leadership roles across a combination of traditional financial and technology companies such as Barclays Africa and IBM. Evans was also recently CDO and CIO of MyBucks, a rapid growth, German-listed fintech operating across 14 African and European markets.
Emirates NBD is currently undertaking a four-year transformation initiative which entails a complete rebuild of its architecture, infrastructure, operating model and significant platform upgrades. The bank has also announced plans to launch its own private Cloud platform as a regional first.
Alongside the new appointments, the bank also announced the creation of a Digital Council, comprising representatives from Emirates NBD group’s executive team, led by CEO Shayne Nelson and group chief operating officer (COO), Abdulla Qassem, to oversee the Digital Office and its mandate to accelerate the bank’s end-to-end digital capabilities.