Prof Parimala Rao
Banking & Financial Services, Digital Technology
With over 25 years of experience, Ms Parimala Rao is an accomplished expert in banking technology. She joined the Union Bank of India as a Probationary Officer in the retail and corporate banking sectors. After completing a diploma in Computer Management, she joined the bank’s newly established IT division, where she was appointed to lead the pilot project on Total Branch Automation. The project was a success, and Ms Rao took over as Head of the Zonal IT Division in Bengaluru. She then transitioned from banking to IT, gaining expertise on all aspects of banking technology management. As Vice President, FIS India, she headed the banking division, supervising the end-to-end IT requirements de novo of small finance banks such as Bandhan Bank, ESAF, Fincare, Suryoday and NESFB.
Ms Rao is widely recognised for her extensive knowledge and expertise in banking product management and the setting up and maintenance of digital technology applications in the banking sector.