About DIGI


DIGI plans to bring a whole new experience for the retail customers as well as financial institutions for digital onboarding of the customers and in the process achieve compliance. DIGI was the brainchild of Mr Abhishek Jajoo, who is serial entrepreneur with exposures in Consulting, Manufacturing, and IT industry. He currently runs a boutique consulting firm and is the Founder & Managing Partner/ CEO of the firm i.e. AJMS Global Consulting, a recognized Super-brand in UAE with presence across 6 countries. He along with his team made DIGI a reality.


DIGI compliance validation

DIGI has been created keeping in mind the requirements
of three major stakeholders.

Central Banks/Regulators

Central Banks/Regulators

Customers

Customers

Financial Institutions

Financial Institutions

Abhishek Jajoo

Abhishek Jajoo

Founder And Chairman

Issa Al Sayed

Issa Al Sayed

Executive Director

Satish Menon

P Satish Menon

Chief Executive Officer

Mission

To create strong value proposition for the financial sector in the digitalization of customer life cycle management.

Vision

To become the leading digital solution provider within the boundaries of the local compliance framework.

Advisory Board Members

Suresh Kumar

Suresh Kumar

Chairman – Board Advisory Committee

Peter Boland

Peter Boland

Board Advisory Committee

Vivek Sethia

Vivek Sethia

Board Advisor

Raza Bhojani

Raza Bhojani

Board Advisor

Sheetal Bhardwaj

Sheetal Bhardwaj

Board Advisor

Mirza Al Marzooq

Mirza Al Marzooq

Board Advisor

Ahmad Fadly

Ahmad Fadly

Board Advisor

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Abhishek Jajoo (Founder And Chairman)


Mr. Abhishek is a serial entrepreneur who comes with experience in REGTECH, Risk Management & Compliance. He has been passionate about fintech and have been advising various fintech firms across the world. He is currently the Founding Partner & CEO of AJMS Global, a niche consulting firm focusing in area of tax, risk & compliance.


Under his leadership, AJMS has grown leaps and bounds and is now presently serving clients in more than 5 countries with head office being UAE. He is also the Co-founder and Partner of TRUACT, a complete solution for IFRS 17 for Insurance Sector. Prior to this, he has worked with various leading Banks, investment companies, FIs, RE Funds etc. in the GCC region, both as an Engagement Partner and as part of the group, and have successfully led various projects to meet client satisfaction. Over the years, he has gained expertise in the areas of REGTECH, strategy, AML, CDD/EDD, KYC Remediation, Compliance, Risk Management, ICAAP & Stress Testing, Corporate Governance etc.


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Issa Al Sayed (Executive Director )


Issa Al Sayed is a banking professional with over 17 years of experience in banking, credit, compliance and investment banking. He has held various senior executive positions during his professional career including CEO of Al Samil Investment, Head of Compliance, AML & Fraud in Reem Finance were he was one of the pillars of Reem Finance since his joining in 2008 and contributed significantly. He left his footprint in Consumer Banking Department, Credit Department, CAD, OPS & IT (Core Banking Solution Development).


Al Sayed currently is the Founder of Badael Financial Solutions, a Financial Brokerage and Consultancy company with a portfolio of 70+ million worth of investment and a partner in several IT platform companies serving the GCC market.


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Muhammad Azam (CO-Founder & CTO)


Mr. Muhammad Azam is an technology entrepreneur with over 20 years of experience in successfully developing and deploying core solutions including accounting, compliance, AML etc. for financial sector. He is passionate about RPA led processes and use of ML/AI in the compliance environment.


Under his leadership, AJMS has grown leaps and bounds and is now presently serving clients in more than 5 countries with head office being UAE. He is also the Co-founder and Partner of TRUACT, a complete solution for IFRS 17 for Insurance Sector. Prior to this, he has worked with various leading Banks, investment companies, FIs, RE Funds etc. in the GCC region, both as an Engagement Partner and as part of the group, and have successfully led various projects to meet client satisfaction. Over the years, he has gained expertise in the areas of REGTECH, strategy, AML, CDD/EDD, KYC Remediation, Compliance, Risk Management, ICAAP & Stress Testing, Corporate Governance etc.


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P Satish Menon (Chief Executive Officer )


Satish is a seasoned banking professional with over 30 years of experience in Retail Banking, Corporate Finance, remittances and related fields in Banks, FI and Exchange House. He brings with him compliance and banking knowledge to the company.


He has been involved in Business Process Management and in setting up techno savvy products in past assignments.



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Suresh Kumar (Chairman – Board Advisory Committee)


Mr. Suresh Kumar is a seasoned professional with over 45 years of experience in banking, project finance, treasury, private equity, mutual funds and investment banking. He has held various senior executive positions during his professional career span including CEO & Board, ExCo member in the Emirates Group/ Emirates NBD Group (1985-2012); Founder and CEO-Emirates Merchant Bank and Emirates Financial Services PSC; Founder and Chairman- Emirates Funds LLC, Emirates Banks Austria Investments Limited and Tricolour Investments Limited; Chairman- Federal Bank Limited, IDBI Federal Life Insurance Company, Fedbank Financial Services, ICICI International and Global PE Funds.


Currently, he is an independent Director with ICICI Lombard General Insurance Company, ICICI Prudential AMC Limited, Aster DM Healthcare Limited, Emirates REIT at DIFC and also part of the board advisory for various educational institutes like TIPS Global and SP Jain in Dubai.


He has been winner of prestigious awards Father of Investment Funds and GCC Capital Market (1997), Hind Ratan Award (2012) and Annual Award from Indian Economic Society (2014). He possesses various educational qualifications including: Economics (Honors), Sydenham College, Mumbai, India; Rotary International Scholarship, California, USA; Lord Aldington Banking Research Fellowship (U.K., Belgium, and Germany); Fellow of Indian Institute of Bankers; Stanford University & London Business School, Investment Management Programme, Colum. Over the years, he has gained expertise in the areas of REGTECH, strategy, AML, CDD/EDD, KYC Remediation, Compliance, Risk Management, ICAAP & Stress Testing, Corporate Governance etc.


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Peter Boland (Board Advisory )


Mr. Peter Boland is the group head of internal audit & risk at Henley & Partners. He is an international banker with over 40 years of multi-disciplinary experience, including 30 years with HSBC Group, where he undertook senior leadership roles across regulatory compliance, internal audit, corporate banking, institutional banking and transaction banking. Peter has been based in Dubai since 2005 when he was appointed Regional Head of Internal Audit for the Middle East and North Africa.


Peter has worked globally with HSBC in a variety of client facing and also control roles in India, Hong Kong, New York and Bahrain. Post retiring with HSBC, he has worked with the Central Bank of United Arab Emirates in a Banking Supervisory role and since 2016, for Henley & Partners, the global leader in the rapidly expanding field of residence and citizenship planning as the Head of Risk and Internal Audit.


His education qualifications include a Bachelor of Arts and Bachelor of Law from Monash University, Australia; An Associate of the Chartered Institute of Bankers of the United Kingdom; Advanced Management Programme from INSEAD. His technical prowess in accounting and experience in banking and technology puts him in a unique position to bring about the right technology in the financial sector.


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Vivek Sethia (Board Advisory )


Based in Dallas, Texas, Mr. Vivek Sethia is a serial entrepreneur and a founding member at Beyontec Group with over 25 years of experience having held multiple roles in business development, operations management, sales and marketing, and general management. Vivek is a full-time operating partner and heads the global strategy business development practice at Beyontec. Apart from this primary role, he is also involved in channel development, managing strategic alliances and in shaping Beyontec Group's product, process, customer focus, and overall financial growth of the company. He has also managed several acquisitions, incubated several new ventures and created new revenue streams for Beyontec.


Prior to starting Beyontec, Vivek was the Insurance Practice Head for the North America region at a leading software company based out of New Jersey, USA. Within the organization he is known for his ability to convert corporate vision into strategic intent, and motivating teams to achieve it. He has created and managed the insurance practice with an average 80% Year-on-Year growth, meeting the corporate vision and financial objectives of the company.


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Raza Bhojani (Board Advisory )


Mr. Raza Bhojani is an experienced finance professional with more than 15 years of experience in the advisory and banking sector across the Middle East and Asia. He is a qualified Chartered Accountant from Pakistan, a fellow member of the Association of Chartered Certified Accountants from the UK and a member of the Certified Practicing Accountant, Australia.


Raza is a passionate finance professional with expertise in financial modelling, technology implementations, business strategy, IFRS implementations, risk management and liquidity management. He led the automation of an IFRS accounting solution for mortgage loans using the Oracle system, for which the company won ‘Best Use of Technology Award’ by Banker Middle East. In 2015, Raza received the ‘Young CFO of the Year’ award by CFO Middle East. With a wealth of experience, Raza believes in automation and digital transformation. His technical prowess in accounting and experience in banking and technology puts him in a unique position to bring about the right technology in the financial sector.


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Sheetal Bhardwaj (Board Advisory )


Ms. Sheetal Bhardwaj is a seasoned Risk & Compliance professional with hands on experience and expertise in managing and leading teams for running successful compliance processes. She is presently working with one of the big four banks in New Zealand and previously worked with various Financial Institutions in the UAE and had regional remit with MENA countries (Qatar, Oman, Kuwait, Bahrain, Algeria, Lebanon, Egypt & Turkey). She is an MBA in Finance and a mathematical science graduate in statistics from University of Delhi.


She is a certified Anti Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE), Certified Compliance Officer (CCO), along with certifications in Compliance & AML from CISI, UK & ICA Manchester Business School, Henley Business School. She is a compliance generalist who has dealt with regulatory audits, thematic reviews and have performed key strategic compliance and risk management leadership roles that have a broad remit and responsibilities for providing oversight and management of all aspects of regulatory compliance and financial crime risk including but not limited to impact analysis of regulatory changes, driving coordination and execution of the various financial crime compliance work streams and assurance, while ensuring alignment with global standards.


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Mirza Al Marzooq (Board Advisory )


Mr. Mirza Al Marzooq is the Managing Partner in AJMS Global-Bahrain, with more than 30 years of experience (including 21 years with KPMG and PWC – two of the largest 4 accountancy firms). He has served a wide range of clients in various sectors including conventional and Islamic banks, investment companies, insurance, governmental entities and services organizations, listed and privately owned business.


Al Marzooq have accumulated significant exposure in audit, business consulting and non-audit assignments including internal audit, process reviews, development and review of procedures manuals, investigative assignments, human resources consulting, etc. He has extensive international experience includes working on assignments in Oman, Qatar, Kuwait, Saudi Arabia, Turkey, Canada, Egypt and many other countries. He joined as an advisor to the board in DIGI to support the global expansion of the team and support digital transformation of Banks & FIs.


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Usman Chaudhary (Board Advisory )


Mr. Usman is a senior executive professional who has been working for several years in United States of America in Digital E-Commerce industry with specialization in web-based application products development.


He is currently appointed as Chief Executive Officer at Bitwords Inc., NY, USA. He holds an MS. E-Commerce from University of Hertfordshire, Hatfield, Hertfordshire, U.K. and MS. Computer Science from AIOU, Islamabad, Pakistan. Prior to joining Bitwords Inc., he was working with Accenture LLP as Digital & E-Commerce Tech/Solution Arch Manager for 5 years, where he served as the bridge between the business team and technical resources during development and implementation to ensure that requirement and dependencies are well understood. During his tenure, he has been associated with various top-notch clients which are The Walt Disney Studio, Hertz Corporation, Zain KSA, AMTRACK (American Rail Company), etc.


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Ahmad Fadly (Board Advisory )


Mr. Ahmad is a seasoned professional who worked for several years in North America and in the Middle East, with a career in the financial services industry that spanned two disciplines: Corporate Banking, and Supervision and Regulation of Financial Institutions.


He is currently appointed as a Director- Governance, Risk & Compliance at AJMS Global Consulting, Dubai, a niche consulting firm focusing in area of Tax, Risk& Compliance. He possesses broad international experience in, and solid understanding of, various banking areas including but not limited to financial reporting, internal audit, corporate, commercial, and consumer lending, farm credit, SMEs, financial analysis, relationship management, banking operations, and regulatory examination & supervision of financial institutions. Alongside examination of financial institutions during his lengthy career with the UAE Central Bank as Senior Manager/Senior Examiner, Ahmad participated in and supervised several projects.


On occasions he was seconded to the Ministry of Justice and appointed as Court Expert in financial crime investigations. Prior to joining the UAE Central Bank, Ahmad worked at the Arab International Bank- Egypt, Drake International- Canada, Bank of Montreal- Canada, and Banca Commerciale Italiana- Canada, in various areas. He holds 2 masters degrees from: London School of Economics & Political Science, in Accounting & Finance; and The American University, in International Business. Moreover, he received a Diploma in Business Management, and a Bachelor of Commerce in Accounting.