YES Bank’s Business and Digital Technology Solutions team, a highly critical and visible team within the Bank led a detailed, rationalized and analytical approach focused on identifying value generating potential within its operations.
The Optimization efforts were focused on structural enterprise-wide changes that will yield sustainable cost savings and enable to transform technology operating model, with a focus on cost categories tailored to specific challenges at various levels. YES Bank’s Technology team achieved 7.2 crores savings in the current year and identified an additional 12.5 crores of savings for the next financial year (2020-2021). This session will provide insights on best practices that were followed to:
● Streamline internal processes to identify potential cost saving opportunitie
● Prioritize and planning for investment and execution in the most promising
growth areas of the business
● Build a culture of ownership, strong governance, gain management and
stakeholders buy-in and engagement at all levels of the organization
● Enable IT lead revenue generation opportunities to drive a competitive
advantage
Guest speaker
Anup Purohit
Senior Group President II & Chief Information Officer
Anup Purohit is the Senior Group President & Chief Information Officer leading the Business and Digital Technology Solutions Group at YES BANK. Anup’s major responsibility is to fuse the business & technology strategy together making YES Bank become future ready, NOW. Since joining YES Bank in 2015 Anup has lead YES Bank into many technological journeys impacting Digital & Customer first strategy.
Anup believes that the transformation in Banks depends on the ability for banks to re-engineer the banking business through technology hence YES Bank today has embarked on digital solutions around API Banking, Artificial Intelligence, Machine learning, Blockchain, Chatbots etc. majorly impacting the customer experience maturity and speed to delivery for its clients.
Another key focus for Anup is to make YES Banks technology be open yet secured for all alliance and partner relationships, YES Banks ART methodology (Alliances & Relationships with underlying Technology) primarily focuses on this and helps us to be an agile partner for the digital banking ecosystem.
Before joining YES BANK, Anup worked with RBL Bank as Head – Information Technology responsible for building agile, robust, scalable technology platform & processes to transform the bank as one of India’s Best Emerging Bank. Prior to that, he held IT leadership positions at Barclays Bank and JPMorgan Chase Bank.
Anup holds Bachelor’s degree in Electronic Engineering from Mumbai University. He also has various technical certifications in Microsoft, Cisco and IBM and is a prominent speaker at Tech, Banking & Digital forums.
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Anup believes that the transformation in Banks depends on the ability for banks to re-engineer the banking business through technology hence YES Bank today has embarked on digital solutions around API Banking, Artificial Intelligence, Machine learning, Blockchain, Chatbots etc. majorly impacting the customer experience maturity and speed to delivery for its clients.
Another key focus for Anup is to make YES Banks technology be open yet secured for all alliance and partner relationships, YES Banks ART methodology (Alliances & Relationships with underlying Technology) primarily focuses on this and helps us to be an agile partner for the digital banking ecosystem.
Before joining YES BANK, Anup worked with RBL Bank as Head – Information Technology responsible for building agile, robust, scalable technology platform & processes to transform the bank as one of India’s Best Emerging Bank. Prior to that, he held IT leadership positions at Barclays Bank and JPMorgan Chase Bank.
Anup holds Bachelor’s degree in Electronic Engineering from Mumbai University. He also has various technical certifications in Microsoft, Cisco and IBM and is a prominent speaker at Tech, Banking & Digital forums.
Friday, 15 May, 2020 / 02:15 PM - 02:45 PM IST