Mashreq, one of the leading financial institutions in the MENA region, has appointed Tushar Vikram as its new Country Head and CEO of India, starting June 2024. In his new role, Tushar Vikram will lead the Bank’s operations in India, driving the strategic direction and growth in the country.
Tushar Vikram is a seasoned business banker with a career spanning three decades. Prior to joining Mashreq, Tushar served as the Group Head of Investment Banking for HDFC Bank, where he led the Project Finance, Equity, Debt Capital Markets and M&A.
Prior to that, Tushar spent 27 years with Citibank in various roles, covering Commercial Bank, Investment and Structured Finance, Digitization, Credit Processes, and Risk Management.
Commenting on the appointment, Tarek El Nahas, Group Head of International Banking, Mashreq, said: “It is with great pleasure we welcome Tushar Vikram to the Mashreq family. His track record of successfully managing large-scale financial portfolios and deep experience in banking underscores his capability to effectively steer Mashreq’s growth and further strengthen our position as a key player in the Indian market. We look forward to his leadership in propelling our strategic vision and delivering exceptional value to our clients.”
Tushar Vikram, Country Head and CEO India, Mashreq said: “I am excited to join the team at Mashreq and have the opportunity to spearhead the bank’s growth efforts in India. This marks an exciting new phase in my career, and I am eager to contribute to Mashreq’s impressive legacy as a challenger bank. I look forward to working with the talented team at Mashreq, leveraging the bank’s global network to deliver innovative financial solutions. This role presents a valuable opportunity to capitalize on my experience and build further its reputation for delivering truly world-class banking experiences for its clients.”
Tushar holds a bachelor’s degree in commerce from Delhi University and is a qualified Chartered Accountant. With a robust background in investment banking, corporate finance, and strategic financial management, he brings a wealth of expertise in navigating complex financial landscapes and driving sustainable growth strategies.