# iGTB signals US growth ambitions with transformation strategist and business development hire
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2018-01-15
Category: BUSINESS
Category URL: https://financedigest.com/category/business
Meta Title: Ravi Pandit Appointed EVP & Head of Sales, USA at iGTB
Meta Description: Ravi Pandit joins iGTB from Backbase, bringing two decades of financial services business development experience to drive US market expansion.
URL: https://financedigest.com/igtb-signals-us-growth-ambitions-with-transformation-strategist-and-business-development-hirehtml

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**_Ravi Pandit joins corporate banking technology specialist iGTB from Backbase, where he oversaw a significant increase in their US coverage and scale_**

Intellect Global Transaction Banking ( [iGTB](http://www.igtb.com/)), the corporate banking and technology specialist from Intellect Design Arena Limited, has appointed Ravi Pandit as EVP & Head of Sales, USA. Ravi has almost two decades of experience in financial services business development in North America, and his appointment underlines iGTB’s ambitions to extend its market-leading products across the wider US market.

Ravi will be based in iGTB’s large New Jersey US headquarters and will be responsible for spearheading the company’s further expansion in the US – bringing on board strategic banking clients that are undergoing significant digital transformations in response to fast-changing market conditions.

Commenting on the appointment, **Manish Maakan,** [CEO at iGTB, says:](https://www.financedigest.com/electric-car-maker-lucid-on-track-for-2022-2023-output-targets-ceo-says.html "Electric car maker Lucid on track for 2022, 2023 output targets, CEO says") “Ravi’s appointment is a big win for us. Aside from his success at Backbase, his global consulting experience with Capgemini will inspire confidence among top-tier [bank executives overseeing widespread digital transformations](https://www.financedigest.com/how-to-fulfil-the-digital-transformation-requirement-in-banking.html "How to fulfil the Digital Transformation Requirement in Banking"), and his time at Oracle gives us an invaluable insight into how to win against leading brands to bring our own offering and quality of work to new clients. I’m truly excited at the progress that we can make with Ravi’s appointment.”

Ravi joins iGTB from Backbase USA, where he headed global [business development and strategic partnerships for just over two years](https://www.financedigest.com/2016-the-year-of-technology-financing-the-year-of-business-growth.html "2016 – THE YEAR OF TECHNOLOGY FINANCING, THE YEAR OF BUSINESS GROWTH"). During his time there, he oversaw a quadrupling of the company’s headcount, and a number of key accounts were added, not only in the US and Canada, but also in countries such as Brazil, Mexico, and Colombia.

Ravi’s role prior to Backbase as head of strategy and transformation practice in Financial [Services at Capgemini demonstrates his global advisory experience with large digital](https://www.financedigest.com/maintaining-security-and-compliance-amid-digital-transformation-in-financial-services.html "Maintaining Security and Compliance amid Digital Transformation in Financial Services") transformations, and prior to this he spent more than 14 years at technology giant Oracle, where he was heading sales, business development and product strategy for core banking business in North America.

**Ravi Pandit** comments: “With new initiatives such as real-time [payments forcing US banks to undergo large-scale digitalizations](https://www.financedigest.com/will-central-bank-digital-currencies-deliver-a-more-democratic-payment-industry.html "Will Central Bank Digital Currencies deliver a more democratic payment industry?") while continuing to provide top-level services to clients of all sizes, many US technology vendors simply aren’t offering the necessary technologies or implementing these in a seamless, non-disruptive way. With the transformational contextual banking approach – which asks, “what if your digital solution actually understood, even anticipated, what your business is trying to achieve?” – iGTB has the product range and expertise to balance these requirements, and is positioned perfectly to seize the opportunities the US market has to offer.”

**Maakan** concludes: “iGTB is on a journey. We have a strong track record across Canada, Europe, Middle East and Asia, and now we want to increase our footprint in the US, where there is the space for us to [grow and a great match between what the market](https://www.financedigest.com/dental-implants-and-prosthetics-market-market-to-grow-at-robust-cagr-by-2028.html "Dental Implants and Prosthetics Market Market to Grow at Robust CAGR by 2028") is crying out for and the ground-up API products we offer.”


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