Emirates NBD appoints General Manager for Retail Banking
Source: BI-ME , Author: Posted by BI-ME staff
Posted: Wed June 20, 2012 11:51 am



Run MS Office Pro
2010
on latest Win7
Ultimate OS
to
increase your
business confidence




Buy HP Pavilion
laptop with Corsair
DDR3 RAM
for
superb performance




Need a personal loan
in Dubai?
Contact
Citibank UAE for all
of your banking needs

UAE. Emirates NBD, a leading bank in the region, today announced the appointment of Suvo Sarkar as the new General Manager for Retail Banking.

Sarkar, a much respected figure in the UAE banking sector, returns to the bank after two years in the capital with National Bank of Abu Dhabi. In his last stint with the bank Sarkar was instrumental in the smooth transition of retail banking during the merger of Emirates Bank and National Bank of Dubai in 2007.

Sarkar has extensive experience in the banking industry spanning 24 years in the Middle East and South Asia. The appointment comes at a time when the bank is boosting its human capital and bringing the best in the industry to service its customers.

Commenting on the appointment, Rick Pudner, Group CEO, Emirates NBD, said, “I would like to congratulate and welcome Suvo to Emirates NBD. He brings a wealth of experience and has tremendous knowledge of the UAE banking sector; it is great to have him in our team.

“The bank is focused on attracting and retaining the most talented staff from across the region and globally to develop innovative products and services that meet the constantly evolving needs of our customers.”

Sarkar, who will be reporting to Pudner, said he was happy to be back in the Emirates NBD fold and looks forward to the new challenge. “The UAE banking sector is constantly progressing and setting new service standards in the region. Emirates NBD is a very strong brand and has a tremendous opportunity in setting new standards in product innovation, introducing new technologies, investing in expanding our retail franchise and enhancing the overall customer experience.”

Suvo has a graduate degree in engineering and is an MBA and gold medalist from the prestigious Indian Institute of Management, Calcutta. He is a qualified investment consultant and has trained at INSEAD and Oxford University. He speaks regularly at global and regional conferences on retail banking, and is a media spokesperson on industry trends.

About Emirates NBD

Emirates NBD is a leading banking Group in the region. As at 31 December 2011, total assets were AED 284.6 billion. The Group has a leading retail banking franchise in the UAE, with over 168 branches and over 780 ATMs and SDMs.  It is a major player in the UAE corporate banking arena and has strong Islamic banking, Global Markets & Treasury, Investment Banking, Private Banking, Asset Management and Brokerage operations.

The Group has operations in the UAE, the Kingdom of Saudi Arabia, Qatar, Singapore, the United Kingdom and Jersey (Channel Islands), and representative offices in India and Iran.

The Group is an active participant and supporter of the UAE’s main development initiatives and of the various educational, environmental, cultural, charity and community welfare establishments.

For more information, please visit: www.emiratesnbd.com

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 23, 2013
UAE. Stock market indices racing ahead but GDP figures do not support the euphoria and commodity outflows fuel the rally; Is there too much liquidity in the banking system?
date:Posted: May 23, 2013
UAE. While new orders continued to rise sharply, the rate of increase eased to the slowest in a year. Meanwhile, employment levels rose at the fastest pace in two years.
date:Posted: May 22, 2013
iNTERNATIONAL. Control over Homs will enable al Assad to rapidly move forces from the north to the south to meet emerging rebel threats. It will also provide a key avenue of retreat to the Alawite coast in the event that he needs to flee Damascus.
UAE. "There is a substantial amount of debt that is coming due in the next few years, and it will be important to manage pro-actively that process. Information and communication with potential market participants will be a key part of this."



Wide selection of craft tools and coloured pencils will give more options to your creative side


Doing business in the Middle East? Your starting point is GulfTradeHolding, the Middle East Business Directory