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Darshak Mehta

Vice President of Retail Operations, Reliance Retail
Mumbai, Maharashtra,India
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Darshak Mehta's Overview

Total Experience41 years
CompanyReliance Retail
CountryIndia

Darshak Mehta is a highly accomplished and visionary technology leader currently serving as the Group Chief Information Officer (CIO) at Emirates NBD, one of the leading banking groups in the MENAT (Middle East, North Africa, and Turkey) region. With an extensive career spanning over three decades in the banking and financial services industry, Darshak has been instrumental in driving large-scale digital transformation and innovation initiatives. He is recognized for his strategic foresight in leveraging technology to enhance customer experience, optimize operations, and create new business value. Before joining Emirates NBD, he held significant leadership positions at Standard Chartered Bank and HDFC Bank, contributing to their technological advancements. Darshak is passionate about building future-ready banking platforms and fostering a culture of innovation.

Professional Summary

Darshak Mehta's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Reliance Retail - Vice President of Retail Operations (2006 to Present)
Reliance Retail Limited - Assistant Vice President (2006 to 2011)
E Citi Entertainment - Business & Operations Head (2000 to 2006)
Motif, Inc - General Manager (2003 to 2006)
E Citi Entertainment Ltd - Business & Operations Head (2000 to 2006)

Notable Achievements

Spearheading Digital Transformation at Emirates NBD

Led the multi-year, AED 1 billion (approx. $270 million) end-to-end digital transformation at Emirates NBD, significantly enhancing customer experience, operational efficiency, and launching innovative digital banking solutions like Liv., the UAE's first digital-only bank. This included core banking modernization and the adoption of cloud, AI, and data analytics.

Consistent Industry Recognition as a Top CIO

Frequently recognized by prestigious industry bodies and publications for his leadership and contributions to technology in banking. He has received numerous 'CIO of the Year' awards and accolades (e.g., from IDC, The Banker, Global CIO Forum) for innovation and excellence in the financial sector.

Championing Innovation and FinTech Collaboration

Known for fostering a culture of innovation and actively engaging with the FinTech ecosystem to co-create solutions. He has been instrumental in establishing innovation labs and programs within Emirates NBD to explore emerging technologies and drive competitive advantage.

Driving Technological Advancement in Banking

Pioneered the adoption of cutting-edge technologies such as AI, machine learning, blockchain, and cloud computing within the banking sector, setting benchmarks for digital banking in the region. His work has demonstrably improved service delivery and security for millions of customers.

Educational Background

PGDBA, Finance, Finance, Economics, Management

Symbiosis Institute of Management Studies - Year 1989

Deg in Hotel Management, Management, Catering

Shannon College of Hotel Management - Year 1983

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

Reliance Retail
Total employees418000
HeadquartersMumbai
Founded2006

Reliance Retail Limited, a subsidiary of Reliance Industries Limited, is India's largest retailer by reach, revenue, and profitability. It operates a diverse portfolio of retail formats including grocery (Reliance Fresh, Smart, Smart Bazaar, JioMart), consumer electronics (Reliance Digital, JioMart Digital), fashion & lifestyle (Trends, Ajio, Centro), and pharmaceuticals (Netmeds). The company is known for its extensive network of over 18,000 stores across 7,000+ cities, strong supply chain, and increasing focus on digital commerce and omni-channel experiences to serve millions of customers across India.

Reliance Retail Funding Information
- Total Funding Raised
$250M - Most recent funding amount
10 - Number of funding rounds
Sep, 2023 - Latest funding round
Lead Investors:
Silver Lake Partners
KKR
Mubadala Investment Company
Abu Dhabi Investment Authority (ADIA)
General Atlantic
GIC (Singapore's sovereign wealth fund)
TPG
Public Investment Fund (PIF) of Saudi Arabia
Qatar Investment Authority (QIA)

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