Took over the position of CIO at HDFC in 2008.
Anil Jaggia, former CIO at HDFC Bank, and a technology veteran has joined Cloud4C – a CtrlS company, as a strategic adviser for the banking practice.
He will work closely with the organisation’s leadership team with a key focus on enabling large banking transformation projects on Cloud, DevOps, Automation, and aid banks in their digital transformation journey. And brings along over 30 years of rich experience across a wide spectrum of financial services, business and IT strategies.
In 2008, Jaggia took over as CIO of HDFC Bank and played a key role in digital transformation of the bank and led it to an enviable leadership position.
Some of the key initiatives taken by him at HDFC Bank were around core transformation, data warehouse, Analytics, Digital Banking, Business Continuity, along with additional responsibility to lead a Coordination Council for Financial Inclusion (FI) and Sustainable Livelihood Banking (SLB). Before joining HDFC Bank, he was chief operating officer of Centurion Bank of Punjab Limited, for four years.
Jaggia has also worked for over 18 years with Citibank at Chicago, New York, Singapore, Mumbai and Kolkata.
“The world of banking is now strategically moving from physical banking to contact-less banking,” said Joggia. “The future is where everything will communicate through internet of things to find and engage customers powered by artificial intelligence, machine learning, social technologies, analytics and efficient storage and computing technologies.”
According to Joggia, digital banking is the future as banking products and services will be delivered through mobile apps, processed through API, and delivered through all internet channels making virtual banking a reality. Digital Banking worldwide market is projected to reach US$500 billion by 2027 with a digital user base of four billion.
Cloud4C has a presence in 50 locations across 25 countries plans to serve 25,000 banks worldwide through its banking community cloud and other new age banking technology solutions combined with its intelligent cloud managed services. The company today serves 60 of the Fortune 500 global multinationals and 20+ banks globally compliant with regulations such as GDPR in Europe RBI guidelines in India among others.