News Column

EIB strengthens management with senior appointments

February 24, 2014

Emirates Investment Bank, a client-focused, independent private and

investment banking boutique headquartered in Dubai, announces today a

number of senior appointments as part of its continued expansion as well

as its efforts to add further executive management expertise. Gaurav

Agarwal joins as Chief Finance Officer and Biswajit Dasgupta as Chief

Investment Officer Treasury. Both gentlemen form part of Emirates

Investment Bank's Executive Committee.

As Chief Finance

Officer, Gaurav Agarwal will be responsible for leading Emirates

Investment Bank's finance, operations and IT departments. Mr Agarwal joins

the Bank having acted as Chief Financial Officer of Tamweel PJSC in Dubai,

where he played a key role in establishing and growing the business. He

brings with him over 18 years of experience in corporate finance, funding,

banking, risk management and general management areas in the UAE and


Building on his 24 years of regional and international

experience in foreign exchange, money markets, fixed income and equities,

Biswajit Dasgupta joins Emirates investment Bank as Chief Investment

Officer - Treasury, to oversee the Bank's proprietary investments. Prior

to this, Mr Dasgupta held a number of senior positions in Treasury

departments at various financial institutions in the region, including

Invest AD and Dubai Bank in the UAE, Al Khalij Commercial Bank in Qatar

and ABN Amro.

Commenting on the executive appointments, Khaled

Sifri, CEO of Emirates Investment Bank, said:

"These new

appointments come as a clear reflection of our on-going strategy to

enhance our sophisticated regional and international expertise. We are

confident that these strategic appointments will add significant value to

our bespoke investment and wealth planning solutions.

"It gives me

great pleasure to welcome Mr Agarwal and Mr Dasgupta on board, and I am

confident that their expertise will play an instrumental role in leading

the Bank towards greater heights, adding further value to our


In 2008, Emirates Investment Bank redirected

its strategy from being a pure asset manager to a wealth management

platform offering customised private and investment banking services to a

broader client base. Since then, the Bank has grown its assets under

management to AED 4.26 billion as of 31st December 2013.;

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Source: Mubasher (Saudi Arabic)

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