A Singapore-based OCBC managing director, who left the firm in May, has resurfaced as a consultant at National Australia Bank (NAB) in Melbourne.
Sabyasachi Banerjee had been with OCBC since September 2011 and was head of operations and technology for global markets, global investment banking, and group functions (including risk, compliance, finance, and human resources), according to his online profile.
Banerjee also led the operations and technology integration during OCBC’s 2014 takeover of Wing Hang Bank in Hong Kong. He was responsible for an “overall spend” of more than $150m.
As banks in Asia Pacific increase their investments in machine learning, wealth platforms and other new projects, they increasingly need project managers and in-house consultants to oversee these major technology overhauls.
Banerjee would appear an ideal candidate for NAB, having spent most of 2011 as a tech consultant at AMP, where he helped to “define the architecture and implementation roadmap” for the Australian investment firm’s merger with AXA Asia Pacific.
Prior to that, he worked for AMP for four years as head of enterprise applications and then head of portfolio and business management.
The firm Banerjee has just left, OCBC, continues to recruit in technology and digital banking. Pranav Seth, head of e-business and business transformation at OCBC, told us in September that he wants to increase headcount in his team by hiring designers, project managers and other digital banking specialists.
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