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Friday 20 September 2019


Deutsche hires BoE IT boss for cloud platform

Written by Hannah McGrath

Deutsche Bank has hired the Bank of England’s former IT chief to lead its cloud platform operations.

The investment bank yesterday confirmed that Deeptastree Mitra would join the Global Transaction Banking (GTB) chief digital office as its head of cloud platforms for data solutions.

In her previous role, Mitra was responsible for delivering the technology behind the Bank of England’s new central bank and payment settlement solutions.

In an email sent to Deutsche Bank staff yesterday, Thomas Nielsen, digital head of global transaction banking, said the newly created role would see Mitra lead the implementation of public cloud technology for advanced data and analytics and artificial intelligence. She would be responsible for bridging the central GTB data solutions team and its digital incubator.

In prior roles, Mitra was head of data analytics and modelling at the Bank of England and led a data strategy project that transformed the way the bank viewed, process and consumed data alongside a role shaping its chief data office.

She has also worked a head of big data and data science at British Has and has previously worked as chief technology officer for a start-up, as well as for large consultants including Accenture and TCS.

The move comes as Deutsche Bank looks to accelerate the digitisation of its transaction banking operatins. Chief executive Christian Sewing has spoken of his desire to growth the digital side of the bank’s operations, with its GTB division bringing in more than a quarter of investment banking revenue every year.

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