Martin Blechta has over ten years of experience in banking and strategy consulting across Europe, Asia, and the Middle East. He has worked with leading global financial institutions across these regions with a strong focus on emerging markets. He is a leading member of Boston Consulting Group’s Financial Institutions practice specializing in corporate strategy, large-scale digital transformation, and emerging challenger banks. Martin has led many successful engagements and is a trusted advisor to CEOs and boards of directors.
Martin has led the launch of multiple new globally successful banking players, advised on global macroeconomic affairs and monetary policy, and led several large-scale banking transformations and turnarounds. He is the author of a Harvard Business Review publication on accelerating digital transformations and is a frequent speaker at global banking conferences.
Before joining the firm, Martin was a member of the financial institutions practice at A.T. Kearney.
Saudi Arabia's banking sector experienced a period of high profitability in 2022 and is poised for continued growth for 2023.
A new report by Boston Consulting Group (BCG) finds that the United Arab Emirates retail banking revenues are expected to grow at a CAGR of 6.4% between 2021 to 2026, a steep rise from 0.1% from 2016 to 2021. GCC economies are expected to see an 8.8% CAGR within the same period to 2026.
In the current era of transformation, no industry has proven to be a haven from disruption. This is becoming increasingly apparent in the finance industry with innovators vying for dominance in the digital realm.