Mashreq announced the appointment of Vivek Batra as the new Global Head of Transaction Banking. In his role, Vivek will assume full responsibility for Global Transaction Banking across Mashreq Group, driving innovative strategies to solidify GTB's position as a cornerstone of the Group's overarching vision for growth and market leadership. Vivek brings to his new role a wealth of experience in senior roles across the banking sector, including as Head of Transaction Banking for MUFG's Asia GTB business, Global Sales Head for GTB at DBS.

He has also acted as a Senior Adviser with BCG, helping banks deliver and execute their digital and transaction banking strategies. In his new role, Vivek will have a particular focus on commercializing the capabilities being delivered via the new Mashreq NEO CORP platform covering cash management, collections, documentary trade, and supply chain finance, as well as further developing the business in all international markets. He will also lead the push into new digital banking and industry ecosystems, leveraging the market-leading digital capabilities of Mashreq's new tech stack.

Vivek holds a postgraduate Diploma in Management (MBA equivalent) from the Indian Institute of Management and a Bachelor of Commerce degree from St. Xavier's College, Mumbai University.