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Shayne Nelson Image Credit: Couresy: Emiratesnbd

Dubai: Emirates NBD announced on Tuesday that it has appointed Shayne Nelson as the Group’s new Chief Executive Officer.

Prior to this appointment Nelson was the CEO of Standard Chartered Private Bank with additional responsibilities for the SME Banking section. He also served as the Chairman of Standard Chartered Saadiq Islamic Banking and the Director of the Standard Chartered Board for China. Shayne was a member of the Consumer Bank Steering Group, the Bank’s Executive Business Strategy Group and a member of the Bank’s Diversity and Inclusion Council.

In 2006, Shayne was the regional Chief Executive for the Middle East and North Africa and the CEO of the UAE for Standard Chartered Bank. He became responsible for the implementation of the Standard Chartered Group’s business strategies and overall Corporate Governance for the region. During this time, he was appointed Chairman of the Banking and Finance Advisory Council of the Dubai International Financial Centre (DIFC) and the Chairman of Standard Chartered Pakistan.

Commenting on this appointment, Shaikh Ahmad Bin Saeed Al Maktoum, Chairman of Emirates NBD said, “We would like to welcome Shayne Nelson to the Emirates NBD family and wish him the very best in his new role. We are confident that Shayne’s years of experience and expertise in the financial services industry, will drive Emirates NBD to continue delivering excellent results while providing valuable returns to the Group’s stakeholders,”

“We would also like to take this opportunity to thank Rick Pudner for playing a vital role in leading Emirates NBD towards growth and success during his service as the Group’s CEO. Rick’s excellent leadership skills and professionalism steered the Bank in directions that ensured a robust performance year after year. We wish him all the best and success in his future endeavours,” said Shaikh Ahmad.

Rick Pudner, Emirates NBD Group CEO commented, “I am very grateful to have had the opportunity to lead Emirates NBD for the last eight years. I would like to thank the Chairman and the Emirates NBD Board of Directors for their guidance and support, and the Emirates NBD Management and staff for their contributions which have helped to establish the Bank as a regional success. I would also like to welcome Shayne to Emirates NBD by wishing him all the best in his new role.”

The newly appointed Emirates NBD Group CEO, Shayne Nelson said, “I am very pleased to be joining the Emirates NBD Group, a successful financial services organisation that has established itself as a leading regional banking champion with strong aspirations for growth.”

Nelson is a graduate member of the Australian Institute of Company Directors and an Associate Fellow of the Australian Institute of Managers. He previously held a number of positions in two of Australia’s major banks, Westpac Banking Corporation and National Australia Bank.