Habib Bank Limited (HBL) has declared the appointment of Dr. Michael Maier as Chief Technology Officer (CTO) with effect from 01 February 2022. An official statement said that the German national CTO, Dr. Maier has vast expertise in creating and operating Digital Banking, Payments, tec-Stacks, and IT systems in financial services, with substantial cross-sectoral and client-centric thinking, merged with analytical and strategic skills.
HBL Hires a New German National CTO to Overcome their Downtime Issues
In his new role at HBL, the German national CTO, Dr. Maier will be working towards enhancing the technical procedure for the bank and continuing to build a robust technological infrastructure, after the recent downtime issues faced by the bank. He will further examine how to further execute new technologies within the bank to acquire the right economies of scale and support HBL’s Digital Agenda.
The new German national CTO, Dr. Maier will be reporting to Sagheer Mufti, HBL’s Chief Operating Officer. Dr. Maier holds a Ph.D. from the Institute of Marketing, LMU Munich. He has vast experience of over 25 years working with several European Banks, including a leading Digital Bank. He has also supplied advisory services during his career and has been on the Board of Directors of various corps.
Dr. Maier Was Previously Employed as the CEO of Fidor Solutions AG
He joins HBL from Fidor Solutions AG (which has been incorporated into Sopra Banking Software since the end of 2021 after a successful acquisition and integration), where he was CEO from April 2019 until now. HBL has relieved Dr. Aamir Matin from his prior role and offered him to become the bank’s Senior Advisor for the Core Banking change initiative and assist build a Center of Expertise in Islamabad to source and deploy tech-savvy skills for the bank.
Source: Pro Pakistani