Sunday, Feb 12, 2012
DUBAI (Zawya Dow Jones)--John Eldredge, the general manager of global markets and treasury at Emirates NBD in Dubai, has resigned and is leaving the bank in April.
Eldredge, who has been with the bank since 2004, said he would stay in Dubai but declined to discuss his plans further.
An Emirates NBD spokesman declined to comment.
The resignation comes amid several other high-profile departures at the Arab Gulf's biggest listed bank by assets.
Emirates NBD last week said Abdul Wahed Al Fahim, the deputy chief executive, was on his way out to pursue private business ventures. Suresh Kumar, the head of the bank's investment banking division, is also leaving this year as his contract expires.
Sheikh Ahmed bin Saeed Al Maktoum, the chairman of Emirates Airline, last June replaced Ahmed Humaid Al Tayer as the bank's chairman.
-By Asa Fitch, Dow Jones Newswires, +971 4 446-1685, asa.fitch@dowjones.com
Copyright (c) 2012 Dow Jones & Co.
(END) Dow Jones Newswires
12-02-12 1353GMT
