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Dubai - Ishrat M. Kiyani joins as the new Regional Head for Mashreq Gold, one of the UAE's leading financial institutions.Kiyani's responsibilities as new Regional Head will include continuing the company's mission in providing efficient, reliable services to customers and most significantly offering sophisticated financial solutions.
Mr. Kiyani will pursue Mashreq Gold's ethos of offering financial advice based on clients' individual input.A philosophy supported by Mashreq's impressive track record, which includes winning the coveted "Best Regional Retail Bank" award by the Banker Middle East Industry Awards 2015, Arabian Business StartUp's "Best SME Bank of the Year" 2014, and "Best Web/Mobile Site" award from the Banker Middle East Product Awards UAE 2014.
In his new role, Kiyani will be responsible for driving value proposition, service quality and customer experience for Mashreq Gold segment.
Farhad Irani, Head of Retail Banking Group of Mashreq, commented, "Ishrat Kiyani is an executive with over 20 years' managerial and financial services experience in the industry and has proven to be a meticulous and talented team leader. He is an excellent addition to the team. Kiyani's appointment is an immense asset to Mashreq and his experience and knowledge will be ofa great benefit in our commitment to offer the latest cutting edge investment Wealth Management expertise."
Prior to his position at Mashreq, Kiyani was the Regional Head of Wealth Sales at HSBC Bank Middle East for the MENA region, where he was responsible for the implementation of the wealth infrastructure, managed costs and executed discretionary incentive schemes, and supervised wealth transformation strategy across the network.
Commenting on his new role as the new Regional Head of Mashreq Gold, Ishrat M. Kiyani, said, "It is a privilege to be able to join Mashreq bank, an organization that has a successful track record not only in the UAE but also regionally. I am thrilled to be able to work with a team of hardworking professionals dedicated in offering the latest innovative banking services within the region. I look forward to contribute to an already successful business platform."
Kiyani has also undertaken a number of senior managerial positions at HSBC bank of Middle East including his role as Head of Premium Banking, Wealth Management and Mortgages (U.A.E), and Regional Head of Insurance and Wealth Management MENA.
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About Mashreq
Since its inception in 1967, Mashreq has differentiated itself through innovative financial solutions. As the oldest bank in the UAE, Mashreq has more firsts than any other bank and a proven track record in innovation. With an extensive branch network across the UAE, Mashreq is also present in Qatar, Bahrain, Kuwait and Egypt and 26 overseas offices in 12 countries spread across Europe, USA, Asia and Africa providing a comprehensive range of international financial services. Locally and regionally, Mashreq has established itself as a market leader by delivering award-winning customer experiences and innovative thinking across its financial products and services. Key recent initiatives include the UAE's first Tap'n'Go contactless technology, Cardless Cash, Snapp Mobile Banking, Selfie credit card, and eforms amongst others. The bank's Islamic Window Mashreq Al Islamic takes a highly technological approach to banking, allowing customers to experience Sharia'h Compliant financial banking solutions online.
In 2014, the bank celebrated a historic year as it posted 33% in Net Profit and won more than 45 local, regional and international awards, including Best Local Bank in the UAE, Best Local and Regional Retail Bank, Best Islamic Window, Best Corporate, Best Consumer Internet Bank Qatar, SME Bank of the Year, Super Brands, Best Regional Investment Bank and Best UAE Loan House from prominent awards organizers.
Each banking division offers its own unique specialisms and expertise to set industry standards, whilst working collaboratively to achieve excellence for all Mashreq customers and partners.
-Corporate Banking Group's mission is to drive relationship banking through customer centricity, ensuring that it is the primary bank of corporate clients, and the efforts continued in the quarter. Corporate Banking Group delivered world class Investment Banking Services to the clients, especially in the fields of Corporate Finance, Real Estate, Investment Services, Cash& Trade Management Solutions. Recently the business group booked two key transactions for TECOM INVESTMENTS LLC and Port &Freezone World FZE (PFZW) and closed a 4-month Short term Bridge facility for USD 86 MM for Abraaj Holdings.
-Retail Banking Group has been at the forefront of innovation with various financial solutions such as Instant Banking, the first ATM Card, Travelerscheque amongst others. The retail business focuses on leading the UAE banking industry through world class service and comprehensive financial products for Personal Banking, Islamic Banking, Private Banking, Business Banking, Affluent Banking, and Payments. It continues to launch groundbreaking contactless technologies and launching the region's first fully automated branch initiative 'imashreq'.
-International Banking Group's network of Branches and Rep Offices spans twelve countries across US, Europe, Asia and the Far East. The bank leverages this footprint by supporting franchise client needs internationally and international client needs in our franchise. International Banking Group (IBG) provides commercial banking services to customers outside the UAE. The Financial Institutions Division, which is a part of IBG, provides full range of correspondent banking services including payments, trade finance and capital markets products to financial institutions in select markets."
-Treasury And Capital Markets Group is a leading provider of value added and innovative treasury services and products. Operating round the clock our experienced dealers provide continuous coverage of global markets to clients. The traditional areas of foreign exchange, interest rates, fixed income, commodities, global futures, UAE (local) and international equities, are supplemented by customized structured multi-currency hedging, yield enhancing strategies, equity derivatives and specialized asset management services.
As a leading financial institution, Mashreq is committed to supporting every community it serves. In the UAE, the bank pays particular attention to recruiting, training, and developing UAE National employees. Mashreq is the only financial institution to receive the Gallup Great Workplace Award for two consecutive years in 2014 and 2015 and is a four times receiver of the CSR Label by Dubai Chamber of Commerce and Industry in recognition of its global standards in social responsibility.
For media enquiries, please contact:
Huda Ismail
Public Relations, Mashreq
Tel: 04 -6083629
Email: HudaI@mashreq.com
Nssrin Khalil
Public Relations, Mashreq
Tel: 04 - 6083836
Email: NssrinK@mashreq.com
© Press Release 2015
