Binit Jha

Binit Jha runs data and AI at IDBI Bank, a mandate he took on in January 2025 after sixteen years in global markets data roles. His brief covers the full stack of a modernising public-sector-rooted bank: enterprise data governance and policy, migration of the bank's enterprise data warehouse to AWS, a Centre of Excellence for AI, ML and GenAI, and insourcing of software development capability. The early scoreboard reflects the push — IDBI Bank closed FY 2024–25 as IBA's Best Technology Bank of the Year runner-up and Best Fintech & DPI Adoption runner-up in the medium banks category. Jha has also become a visible voice on perpetual KYC and India's CKYC registry, arguing that event-driven compliance and reusable digital identity will define the next phase of BFSI data architecture.

What separates Jha from most banking CDOs is where he learned the trade. Before IDBI, he spent two and a half years as Executive Director at Morgan Stanley, where he built a Data Strats Centre of Excellence and a Data-as-a-Service framework that monetised internal datasets for external clients. Five years as Director at UBS saw him stand up the firm's data science and automation practice, an AIOps capability, and a Cloudera-based federated data lake serving multiple divisions. Add nine years at Bank of America and a start at Lehman Brothers, and Jha brings a Wall Street data discipline — lineage, certification, quality KPIs, monetisation — into an Indian bank balance sheet. That transfer of operating standards, from global capital markets to domestic banking, is precisely the play his IDBI tenure is testing at scale.