Standard Chartered today announced the appointment of Mohamed Abdel-Hamid Abdel-Razek as Regional Chief Information Officer (CIO) for Africa and Middle East (AME) and CIO for Islamic Banking. With nearly three decades of experience within Global IT Operations across multinational corporations, Mr. Abdel-Razek will be based in Dubai and responsible for driving the Bank’s current and future technology strategy across the region.
Mr. Abdel-Razek’s appointment is another step in the Bank’s ongoing digital transformation agenda. Standard Chartered has made significant strides in enhancing its digital solutions over the past 18 months, including the roll out of its digital bank across 8 markets in Sub-Saharan Africa, and the recent launch of SC Keyboard, a banking solution which allows customers to access financial services through social media accounts.
Commenting on the appointment, Sunil Kaushal, Regional CEO, Africa and Middle East, said: “We are delighted to welcome Mohamed to the AME Management Team. He is joining at an exciting time for the bank as we accelerate our digital agenda, having rolled out 8 digital banks across sub-Saharan Africa in the space of 15 months. He has an outstanding track record in leading technology projects, and brings a strong reputation as a global technology innovator with experience across a range of industries. With our plans for this region to transform and disrupt with digital, I am confident he will play a crucial role in supporting the Bank’s growth.”
Mr. Abdel-Razek previously headed the Bank’s Global Technology Operations and Collective Intelligence & Command Centre (CnC), based in Malaysia. In his new role, Mr. Abdel-Razek will be responsible for maintaining the bank’s technology landscape across various business segments, assuring Technology Services and Delivery across AME, and contributing to the regional business strategy. He will also play a crucial role in ensuring the regional efforts are aligned with the Group’s Technology and Innovation strategy, with a strong focus on cybersecurity, stability and innovation.