Cyril Mohapatra
About Cyril Mohapatra
Cyril Mohapatra serves as the Senior Vice President and Head of Digital at IndusInd Bank, where he has worked since 2022. He has extensive experience in digital banking and transformation, having held various leadership roles in prominent financial institutions.
Work at IndusInd Bank
Cyril Mohapatra serves as the Senior Vice President and Head of Digital - SDG at IndusInd Bank since 2022. In this role, he has played a significant part in the introduction and implementation of multifunction kiosks and recyclers as part of the Digital Banking Units initiative. He is responsible for overseeing vendor management for all partners associated with the digital business. Additionally, he leads the development of digital solutions by collaborating with fintech companies to enhance the bank's offerings. Mohapatra also drives initiatives from the Government of India, RBI, and IBA for setting up Digital Banking Units, managing the process from conceptualization to operationalization.
Education and Expertise
Cyril Mohapatra has a solid educational background in finance and computer programming. He earned a Masters Diploma in Business Administration from Symbiosis Centre for Distance Learning, studying from 2003 to 2005. Prior to that, he completed a Diploma in Computer Management at KC College, Mumbai, from 1997 to 1998. He also holds a Bachelor's degree in Commerce from Tolani College of Commerce, where he studied from 1993 to 1999. This diverse educational foundation supports his expertise in digital banking and financial services.
Background
Cyril Mohapatra has extensive experience in the banking and financial services sector, having worked in various capacities across multiple institutions. His career began at ICICI Bank, where he served as an Officer in ATM Operations from 2000 to 2003. He has held significant roles at YES BANK, including Group Executive Vice President and Vice President of the Transaction Banking Group, from 2010 to 2018. He also worked at Euronet Worldwide as Head of ATM Cash Management and Reconciliation from 2005 to 2008, and at Kotak Mahindra Bank as Deputy Manager of Direct Banking from 2003 to 2005.
Achievements
Cyril Mohapatra has made notable contributions to digital banking initiatives throughout his career. At IndusInd Bank, he launched the Indus Merchant App, designed specifically for SME customers, which enhanced digital engagement and service delivery. He has also been responsible for setting up and managing the Quality Engineering Framework at the bank, which includes the introduction of testing automation throughout the Software Development Life Cycle. His leadership in digital transformation projects has significantly impacted the institutions he has worked with.