Miljan Stamenkovic , Mambu ’ s General Manager for MENA , talks technology and digital transformation
In his current role as Mambu ’ s General Manager for MENA , Miljan Stamenkovic sees opportunity in abundance .
“ When I joined Mambu with my team in 2019 , we came with the fintech , entrepreneurial mindset and DNA to build and grow Mambu ’ s business in the MENA ( Middle East and North Africa ) region . Before 2019 , the region used to remind me of a desert , at least in terms of cloud service
" Banks used to be built to last , but today they need to be built to change . And that ' s what we ' re enabling here ." —
Miljan Stamenkovic , Mambu ’ s General Manager for MENA providers and cloud adoption . But this past year has been a wave of progress .”
He explains , “ There are data protection laws . There are cybersecurity regulations and most importantly , a variety of major tier one cloud service providers that are available . But what particularly excites me here at Mambu is the opportunity to rethink business models together with our clients and really bring them to life .”
Creating a neobank and challenger bank ecosystem has been his ultimate goal . “ In my opinion , this actually creates a unique opportunity to partner with some of the best fintechs in the region and build the region ’ s first and true challenger and neobanks .”
Stamenkovic credits Mambu ’ s partnership with Banque Saudi Fransi ( BSF ) for the success that has driven the bank forward in the region . “ When I think about all the challenger and neobanks that have grown massively over the past decade , there is one common denominator for all these new initiatives . I would say they really operate like a tech company rather than a bank – BSF is leading this approach in Saudi Arabia .”
He adds that Mambu is helping BSF deliver an entire new banking experience while providing soft core banking services . “ Mambu enables banking like a modern tech company . Banks used to be built to last , but today they need to be built to change . And that ' s what we ' re enabling here .”