Comments
Emirates NBD has appointed Sharad Agarwal as the Chief Representative and Country Head for India.
Agarwal will oversee the West Asia-based bank’s presence in India, and take overall responsibility for increasing market awareness about the bank.
Emirates NBD’s strategic objective is to capture a greater share of bilateral trade flows, and identify other business opportunities.
India has emerged as one of the biggest trading partners of the United Arab Emirates, with trade volumes between both nations reaching $75 billion in 2012-2013, the bank said in a statement.
The growing India-UAE economic and commercial relations provide further impetus to Emirates NBD’s operations in India.
Agarwal previously headed the trade sales, factoring and escrow business for Emirates NBD Group based at the bank’s head office in Dubai.
As part of the new mandate, Agarwal will work closely with financial institutions and Government entities in India, as well as local corporates who wish to expand operations to Emirates NBD’s core market locations.
Emirates NBD currently has operations in the UAE, Egypt, the Kingdom of Saudi Arabia, Qatar, Singapore and the UK in addition to representative offices in India, China, and Indonesia.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.