Parag brings more than twenty years of experience in senior customer facing roles across transaction banking and lending. Parag joins iGTB from Misys, where he headed the business solutions group for transaction banking covering Asia Pacific, China, Japan, Australia and New Zealand. Prior to this he spent over a decade at Fundtech, where he was responsible for leading global sales and pre-sales of the cash management products. Parag will be based in Singapore and will report to Reid Warren, EVP and Head of APAC.

Manish Maakan, CEO of iGTB, commented: “We are very excited to have Parag on-board with us at iGTB. We are confident that his extensive experience leading digital banking solutions, sales, strategy and development will be a valuable asset to the APAC team. He brings a deep understanding and enthusiasm for transaction banking and innovation alike, which are essential for addressing client needs in the current market.”

Commenting on his appointment, Parag Ekbote said “As Asian corporations expand both domestically and regionally, they increasingly rely on banks to manage their working capital needs – while banks, on the other hand, strive to position themselves as the “go-to” bank for their clients. I look forward to building on iGTB’s impressive momentum in the market and leveraging its truly comprehensive platform to help banks service their customers needs better and, in-turn, grow their transaction banking revenues.”