Mashreq appointed Tushar Vikram (LinkedIn) as its new country head and CEO of Mashreq India, according to a statement. Before joining Mashreq, Vikram served as the head of investment banking for India’s HDFC Bank. Prior to that, Vikram spent 27 years at Citibank India, where he worked in several departments covering the commercial bank operations, investment and structured finance, digitization, credit processes, and risk management, the statement said.

First Abu Dhabi Bank named Salim Al Ali as chairman of the bank’s internal Shariah supervision committee after receiving regulatory approval from the Central Bank’s Higher Sharia Authority, according to a press release. Al Ali will stay in office for three years, until May 2027, according to the statement. Al Ali, who was a member of the internal committee since 2020, is the first Emirati national to hold this position.

Five Holdings named Jaydeep Anand (LinkedIn) as co-chief development officer, moving him from his earlier role as chief financial officer, according to a Nasdaq Dubai disclosure. He will also continue to serve as chief sustainability officer, while sharing the CDO position with Nabil Akiki (LinkedIn).

Kallol Kundu (LinkedIn) will take on the role of CFO effective October 2024. Kundu has experience serving as group CFO, chief risk officer, and ESG custodian at The Oberoi Group.

ALSO WORTH KNOWING-

  • Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum appointed Abdullah Saif Ali Al Sabousi as the secretary-general of the Dubai Judicial Council. (Wam)
  • Umm Al Qaiwain Ruler Sheikh Saud bin Rashid Al Mu'alla appointed Sheikh Ahmed bin Khalid Al Mu'alla as advisor for urban planning affairs and member of the executive council. (Wam)

**This story was amended to note that Vikram worked at Citibank India, not Citibank US. 

Tags: