Business

Ramaswamy Easwaran appointed as new CEO of DafriBank

Mr. Ramaswamy Easwaran has been appointed as the new chief executive officer of Africa’s pioneer digital Banking outlet DafriBank .

DafriBank Limited has subsidiaries in Nigeria and a presence in 23 countries.

The group is in the process of constructing a mega headquarters in Marina, Lagos, and plans to migrate from digital-only operation to commercial banking by 2023.

“We are pleased to announce Mr. Ramaswamy Easwaran as DafriBank’s new Chief Executive Officer with effect from September 1, 2020. Easwaran’s experience in banking, solid knowledge and background places him in an excellent position to lead the growth and sustainability of DafriBank,” the bank said in a statement.

Easwaran is an award-winning versatile banker with a career that spans over 18 years, having worked for some blue-chip banks like HSBC, ABN Amro, BNP Paribas, IndusInd Bank. He had multiple roles across verticals, some of which include: product management, rolling out products in the payments and corporate banking channels, end to end product management right from initiation till maturity and decline.

He also worked in multiple large-scale projects and provided successful implementation, operations, solutions delivery and structuring deals, business management, which involved data analytics and presentation to the management team on strategy, business development, and external bench-marking. Commenting on the appointment, DafriGroup PLC Chairman Mr. Xolane Ndhlovu said: “Following rigorous and extensive search process, we are pleased to have appointed someone of Easwaran calibre, experience and ability to fill the important position. Easwaran strong knowledge of Digital Banking and successful background in financial services put him in an excellent position to lead the growth and sustainability of DafriBank.

Easwaran holds multiple academic degrees, including Bachelors in Accountancy with the major studies, including Accounting, Economics, Taxation, and Audit.

He holds ACMA degree awarded by the Institute of Cost Accountants of India (ICAI). Additional qualifications include Scrum Foundation Certificate (SFC) from ScrumStudy. He also holds certifications in Blockchain Technology, Data Analytics, and Artificial intelligence

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