Nilesh Mhatre, CIO
Professional Overview
Nilesh Mhatre is an accomplished Chief Information Officer (CIO) with over 30 years of experience in the banking and financial services industry. As the CIO at Bank of America, he oversees the strategic planning, implementation, and optimization of the bank's information technology systems and infrastructure, driving digital transformation and operational efficiency across the organization.
Experience Summary
Current Role
Nilesh has served as the CIO at Bank of America since November 2018. In this role, he is responsible for aligning the bank's technology roadmap with its business objectives, leading a team of IT professionals, and ensuring the seamless integration of cutting-edge technologies to enhance customer experience and operational performance. Under his leadership, the bank has successfully implemented several large-scale IT projects, including the migration to a cloud-based infrastructure and the deployment of advanced data analytics and automation capabilities.
Career Progression
Prior to his current role, Nilesh held the position of CIO, India at HSBC for over 17 years, where he was instrumental in modernizing the bank's IT systems and driving digital innovation across its operations in the country. He also served as a Senior IT Manager at Bank Muscat and an IT Manager at Sandoz International, India, earlier in his career, gaining extensive experience in managing complex technology projects and leading high-performing teams.
Academic Background
Nilesh holds a Bachelor's degree in Computer Science from the University of Mumbai and a Master's degree in Information Technology from the Indian Institute of Technology (IIT), Bombay. He has also completed several executive leadership programs at prestigious institutions, further strengthening his strategic and managerial capabilities.
Areas of Expertise
- IT strategy and digital transformation
- IT infrastructure management and optimization
- Project management and program delivery
- Data analytics and business intelligence
- Cybersecurity and risk management
- Cloud computing and emerging technologies
- Team leadership and talent development
Professional Impact
Under Nilesh's leadership, Bank of America has significantly enhanced its technology capabilities, improving operational efficiency, customer experience, and data-driven decision-making. He has been recognized for his contributions to the industry, receiving several awards and accolades, including the 'CIO of the Year' award from the Indian CIO Association in 2017.
Conclusion
Nilesh Mhatre is a seasoned CIO with a proven track record of driving transformative change and delivering measurable business impact through the strategic and innovative use of information technology. With his deep industry expertise, strong leadership skills, and commitment to delivering excellence, he is poised to continue guiding Bank of America's technology-driven growth and success in the years to come.
