Binit Jha has been appointed as the Chief Data Officer (CDO) at IDBI Bank, bringing over two decades of extensive experience in data engineering, analytics, innovation, and automation. Based in Mumbai, Maharashtra, Binit will lead the bank’s data management strategy, focusing on governance, quality, and policy enforcement. His expertise in building data-centric organizations and optimizing processes will play a pivotal role in driving IDBI Bank’s digital transformation initiatives.
In his new role, Binit will oversee the development of enterprise-wide data standards, implement data governance frameworks, and establish policies to enhance the bank’s information management capabilities. His responsibilities include creating business performance dashboards, managing vendor relationships, and identifying end-of-life tools to implement modern technologies. By leveraging his experience, Binit is expected to enable data-driven decision-making and optimize operational efficiencies at IDBI Bank.
Prior to joining IDBI Bank, Binit served as Executive Director at Morgan Stanley, where he established a Center of Excellence (CoE) for Data Strategy and led initiatives in data monetization, risk mitigation, and automation. His achievements include creating the Data as a Service (DaS) framework and developing robust data quality models to enhance reliability and scalability. Binit’s contributions have been instrumental in aligning data strategies with business objectives while improving customer accessibility.
Binit also held leadership roles at UBS, where he spearheaded the implementation of data lakes and automation tools, and Bank of America, where he managed digital transformation projects and implemented innovative data solutions. His early career included technical roles at Lehman Brothers, where he gained hands-on experience in application development and data warehousing.
An accomplished leader in human capital management, Binit has also curated successful hiring programs, reduced attrition rates, and mentored high-performing teams at global organizations. His ability to balance technology innovation with talent development has contributed to his success in creating impactful data-driven solutions.
Binit holds a Bachelor of Science degree from Ramjas College, University of Delhi, and a Master of Computer Applications from TERI PG College, Ghazipur. His academic and professional background reflects his commitment to driving technological advancements and building high-performing teams.
As Chief Data Officer, Binit Jha is poised to lead IDBI Bank’s data-driven initiatives, strengthening its data capabilities and fostering innovation to support the bank’s strategic goals. His leadership is expected to enhance the bank’s position in the evolving digital landscape.