Executive Committee

The Bank’s Executive Committee directs Emirates Investment Bank’s daily activities and leads our
growth strategy. It is mandated with continually exploring innovative ways to enhance our capabilities
and ensure we effectively serve our clients’ evolving requirements.

The Executive Committee consists of:

Gaurav Shah

Gaurav Shah

Chief Executive Officer

Gaurav Shah is the Chief Executive Officer of Emirates Investment Bank. He joined the Dubai-based bank from Al Rajhi Capital (ARC), where he served as Chief Executive Officer for 9 years. Gaurav brings over 25 years of experience in wealth and asset management and investment banking, having worked in top-tier regional and international institutions.

Gaurav also worked at Credit Suisse where he was Managing Director and Global Head of Product & Investment Solutions, based in London & Zurich. He also held multiple senior management positions at Morgan Stanley and Deutsche Bank.

Gaurav holds an MBA from the Manchester Business School and a Bachelor of Commerce in Accounting and Finance from Sydenham College, University of Bombay.

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Saeed Al Tayer

Saeed Al Tayer

Head of Corporate Affairs & HR

Saeed Al Tayer has been with Emirates Investment Bank for twenty five years and heads the Bank’s Corporate Affairs division. He oversees various aspects of the Bank’s relationship with its regulators.

He is also responsible for managing the Bank’s Human Resources department and external affairs, including shareholder communication. As part of his role in Emirates Investment Bank, Saeed coordinates various activities with brokers across the Middle East and North Africa region. Saeed holds a Bachelor in Technical Management from Wentworth Institute of Technology, Boston, US, and a Diploma in Business Administration from New Bury College, Boston.

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Asad Khan

Asad Khan

Head of Asset Management

Asad Khan is Head of Asset Management of Emirates Investment Bank, with over 22 years of experience in Banking and Investment Management.

Prior to joining EIBank, Asad was associated with Al Rajhi Capital based in Riyadh, Kingdom of Saudi Arabia performing various roles as Chief Investment Officer/ Head of Fixed Income and Multi Assets directly managing large institutional clients., with overall assets under management of USD 11Bn equivalent.

Asad holds an MBA and BBA (Hons.) in Finance, from the Institute of Business Administration (IBA), Karachi, Pakistan. He was awarded the CFA charter in 2002. He has also served as a Board member of the Bahrain Investment Professionals Society from 2007-2009.

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Osama Al Rahma

Osama Al Rahma

Head of Business Development

Osama Al Rahma is the Head of Business Development of Emirates Investment Bank. He has over 28 years of experience in the financial sector encompassing business and client relationship development. Prior to EIBank, Osama worked at Al Fardan Exchange LLC and Al Fardan Group since 1993 in many leadership roles and was CEO since 2011 and Director at the Group.

He has occupied other roles such as Vice Chairman of Foreign Exchange and Remittance Group (FERG) under Dubai Chamber of Commerce . He was a former Vice Chairman of Dubai Quality Group.

He holds a degree in Electronics Engineering and a Postgraduate Diploma in Management Studies from the University of Hull. He is also an alumnus of J.F. Kennedy School of Governments Executive Program in Leadership of Harvard University and holds a Harvard Fintech Certificate.

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Anuj Agarwal

Anuj Agarwal

Head of Internal Audit

Anuj Agarwal is the Head of Internal Audit of Emirates Investment Bank. He brings over 17 years of experience in financial and internal audit and financial consultancy gained across the Middle East and International Markets.

Anuj joined from Ernst & Young where he spent six years within Assurance and Business Advisory services.

Anuj graduated with honors in accounting from St. Xavier’s College, Ranchi University and qualified as a Chartered Accountant from the Institute of Chartered Accountants of India.

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Kishore Venkat

Kishore Venkat

Head of Finance

Kishore Venkat is the Head of Finance at Emirates Investment Bank. He brings over 17 years of experience in Finance, Banking and Auditing having worked in reputable regional and international institutions.

Kishore joined from Tamweel/ Dubai Islamic Bank (Dubai) where he spent 6 years handling financial accounting and reporting.

Prior to joining Tamweel/ DIB, Kishore has spent 5 years in Ernst and Young (Dubai) handling some of their premier statutory audit accounts like Emirates NBD and DP World.

Kishore is a qualified Chartered Accountant from India and holds an MBA in Finance from the Middlesex University and a Bachelor of Commerce in Accounting and Finance from the University of Bombay.

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Munir Mahmood

Munir Mahmood

Head of Compliance

Munir Mahmood is the Head of Compliance of Emirates Investment Bank. He has over 45 years’ experience with different International Banks in AML/CFT Compliance, Trade Finance, Corporate and Commercial banking, and a good understanding of the local & International supervisory practices.

Munir joined from The Central Bank of the UAE where he spent 18 years as a Team Leader / Senior Banking Supervisor.

Prior to the Central Bank, Munir worked with Credit Agricole Indosuez for 15 years in various roles spanning trade finance and corporate banking.

Munir holds a Bachelor of Science degree from Punjab University, Lahore, along with a Banking Diploma from Chartered Institute of Bankers. He is a Certified Documentary Credit Specialist and Certified Fraud Examiner.

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Dhananjay Uplekar

Dhananjay Uplekar

Head of Treasury

Dhananjay Uplekar is the Head of Treasury at Emirates Investment Bank. He brings over 18 years of experience in Treasury, Trading, Market Advisory and Sales in financial markets across multiple asset classes and geographies.

Dhananjay joined the Bank from the Al Futtaim Group where he managed the Financial Risk function at the Group Treasury for nearly 11 years for more than 20 geographies across multiple business lines.

Prior to joining the Al Futtaim Group, Dhananjay worked at ICICI Bank DIFC and previously as a Trader at MF Global Commodities in India.

Dhananjay holds a post graduate Master’s in Management Studies and a Bachelor of Commerce and Accounting and Finance from Mumbai University. He is a Financial Risk Manager - Certified by the Global Association of Risk Professionals.

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Raymond Mouracade

Raymond Mouracade

Chief Legal Counsel & Board Secretary

Raymond is the chief legal counsel and the secretary of the Board of Emirates Investment Bank. He brings over 35 years of experience as a corporate lawyer and private practitioner.

Raymond joined his private practice in Dubai. Prior to relocating in Dubai, Raymond held senior executive positions in IBM World Trade EMEA Corporation in France, Austria, Russia, and Italy.

Raymond holds a French law degree from Lyon University, a Lebanese law degree from St Joseph University in Beirut, and a Diploma in Shipping Law from University College London.

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