Appointment of Dharmesh Bhatia as Commodities Manager underscores the firm's commitment to expanding its commodities business

Dubai, June 22, 2015: Emirates NBD Securities, the brokerage arm of Emirates NBD and a leading brokerage firm in the UAE, announced today the appointment of Dharmesh Bhatia as Commodities Market Manager as part of its strategy to further strengthen its capabilities within commodities and currency derivatives offering.

Bhatia joins Emirates NBD Securities with extensive experience in commodities trading. Most recently, Bhatia was the Head of Technical Research Team at Kotak Commodities in Mumbai, India, where he was responsible for covering a range of sectors including, bullion, base metal, energy, agriculture commodities.

Reporting to Abdulla Al Hosani, General Manager of Emirates NBD Securities, in his new role, Bhatia will focus on further developing the firm's commodities and derivatives business on the back of the recent launch of eBrokerDYNAMIC.

Emirates NBD Securities offers clients an unmatched online trading experience in Dubai Gold & Commodities Exchange (DGCX) with its eBrokerDYNAMIC offering. Launched in 2014 as part of expansion in commodities and currency research, the eBrokerDYNAMIC provides a fast and reliable online execution platform facilitating direct access to DGCX and trading across commodities, futures & options, and currency markets.

Commenting on the appointment, Abdulla Al Hosani, General Manager of Emirates NBD Securities, said: "We are delighted to welcome Bhatia to Emirates NBD Securities. He brings extensive experience in the commodities sector, enabling us to leverage on his expertise and our in-house research to capturing attractive investment opportunities for our clients. We are confident that his industry experience and client relationships will be invaluable as we continue to invest in and expand our commodities business."

Backed by robust planning and exceptional leadership, Emirates NBD Securities is currently a leading brokerage firm in the UAE. Emirates NBD Securities boasts of a diversified and growing client base, underscored by a robust customer care centre, a research department, dedicated relationship managers, multi-markets to invest in, as well as other products and services. As part of its commitment to offer investment opportunities to customers, the firm recently launched its new trading platform on TADAWUL, the Saudi Stock Exchange.

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About Emirates NBD Securities
Emirates NBD Securities is the fully owned brokerage arm of Emirates NBD and emerged as a result of the merger between two of the leading brokerage companies in the UAE financial markets. The consequential company proved to be a significant player in the financial industry and a first choice for many individual and corporate investors. Emirates NBD Securities successfully maintains a leading position between brokerage firms in the UAE stock markets by providing clients with a set of diversified products and services to meet every customer's financial needs.

Emirates NBD Securities also operates a diversified constantly growing client base, which is a positive reflection on the unique and personalized services that include a customer care centre, a research department, dedicated relationship managers, multi-markets to invest in, as well as other products and services that differentiate the company and position it ahead of competition.

For more information, please visit www.emiratesnbdsecurities.com

About Emirates NBD
Emirates NBD is a leading banking Group in the region.  As at 31st March 2015, total assets were AED 367.5 billion, (equivalent to USD 100). The Group has a leading retail banking franchise in the UAE, with more than 215 branches and over 889 ATMs and CDMs in the UAE and overseas.  It is a major player in the UAE corporate and retail 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, Egypt, the Kingdom of Saudi Arabia, Singapore, the United Kingdom and representative offices in India, China and Indonesia.

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 further Information about Emirates NBD, please contact:
Ajith Henry
Communications - Group Marketing, Emirates NBD
Tel: 971-4-3874421
Mob: 971 55 6612391
Email: AjithH@emiratesnbd.com

Tricia Rego
ASDA'A Burson-Marsteller; Dubai, UAE
Tel: 971-4-4507600;
Fax: 971-4-4358040
Email: tricia.rego@bm.com 

© Press Release 2015