Arab Finance: Mashreq Bank Egypt has appointed Mohamed Talaat as Head of Retail Banking, the bank stated in an emailed press release.
Talaat will be in charge of boosting the overall profitability of retail banking as well as the implementation of the retail banking strategy and digital transformation strategies in Egypt.
Furthermore, he will be responsible for the execution of all strategic retail initiatives, including setting customers’ agenda and designing their experience, developing infrastructure, enhancing the services offered to customers, and scaling up sales, transactions, applied technology, and credit.
“Mashreq’s efforts for the coming phase. With his extensive background in the banking industry, we are confident in his ability to achieve Mashreq - Egypt’s objectives in retail banking,” the bank’s CEO Amr El Bahey commented.
It is worth mentioning that Talaat has over 20 years of experience in the fields of business, credit risks, and finance, in addition to a considerable background in digital transformation in banking.