Mashreq CEO says bank will become 'branchless' | GulfNews.com:
"Mashreq is set to become a “branchless bank,” according to CEO Abdul Aziz Al Ghurair, who was speaking at the banks 50th anniversary ceremony. In his effort to make Mashreq the “most progressive bank” in the region over the course of the next 50 years, Al Ghurair said that there would be a significant uptake in new technologies, and often these would replace roles currently occupied by human beings. “Machines will start replacing a lot of processes, and jobs,” he said, adding: “In fact, we have eliminated simple work that we used to do. The future for employees is not in repetitive work.”"
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