Mr. Alabed joined UGB on 11th May 2026, bringing more than 25 years of international banking and financial services experience across the GCC and global financial markets.
Prior to joining UGB, Mr. AlAbed served as CEO of HSBC Bank Middle East Limited in Kuwait, where he oversaw wholesale banking operations and contributed to strengthening HSBC’s position as the largest foreign bank in the country. His experience also includes leading institutional sales for global markets across the MENA region at HSBC, covering treasury products including fixed income, foreign exchange, and equities. Earlier in his career, he worked with Morgan Stanley in London within the Central Bank and Structured Sales team focused on the CEEMEA region.
Mr. AlAbed holds a degree in Economics Management and has been a CFA Charterholder since 2001.

Mr. Alqumaish joined UGB in September 2001. He is a banking professional with more than 27 years of regional, commercial and investment banking experience in internal auditing, risk assessment, compliance, corporate governance and quality assurance services with high executive and board level exposure. He previously worked with Ahli United Bank and Shamil Bank in Bahrain. Mr. Alqumaish had held several Board and advisory roles to Boards within the group in Algeria, Tunis, Iraq, and Syria. Mr. Alqumaish is a Certified Internal Auditor (CIA) and holds an MBA from the University of Strathclyde Business School, UK.

Mrs. Chandrasekhar joined UGB in 2008. She has over 35 years of experience in the areas of compliance, AML, risk management, treasury, operations, and internal audit. She holds a BA degree in Economics and an MBA from the University of Alberta, Canada as well as several professional qualifications. Mrs. Chandrasekhar is a member of the Steering Committee of the Professional Risk Managers International Association (PRMIA), Bahrain Chapter; and the Advisory Council of the Chartered Institute of Securities and Investment (CISI), Bahrain Chapter. She also serves as an International Moderator in the field of compliance and corporate governance for the Finance Accreditation Agency, Malaysia. Mrs. Chandrasekhar is a frequent speaker at professional forums and has published several financial articles.

Mr. Ashraf joined UGB in 2005. He was appointed CFO in October 2015 after serving as Head of Credit and Risk Management since October 2007. He has more than 27 years’ experience in the areas of credit, risk management, finance, advisory, compliance and assurance services – with Islamic and conventional banks – and the big four audit firms. He previously worked with Shamil Bank, Deloitte & Touche, Faysal Bank, and PriceWaterhouse Coopers. A Fellow Chartered Accountant (FCA) from the Institute of Chartered Accountants of Pakistan, Mr. Ashraf holds an MBA from DePaul University of Chicago, USA.

Mr. Al Arab joined UGB in 1994. He has 31 years of experience in the field of operations, credit and risk management. Mr. Al Arab holds a Bachelor of Science degree in Business Administration from the University of Bahrain. He is a Chartered Risk Analyst (CRA) from the Global Academy of Finance and Management, USA; and was awarded the Certificate of ISMA Foundation Program from the International Securities Market Association, Zurich. Mr. Al Arab has attended several professional courses in banking, finance, operations and risk management.

Mr. Parik joined UGB in 2007. He has 20 years of experience in the financial services industry in investment management, asset management, investment banking and corporate banking. Prior to joining UGB, Mr. Parik worked in various capacities with multinational firms including ING Investment Management (I) Pvt. Ltd., the asset management arm of ING Group NV, Netherlands. Mr. Parik currently manages a portfolio of direct equity investments (primarily in the MENA region) as well as investments with third party investment managers, primarily in the US and European markets (with focus towards PE Funds). Mr. Parik serves as a Board Member of India Factoring and Finance Solutions Private Limited, India. He is a Chartered Financial Analyst (CFA), and holds an MBA degree with specialization in Finance.

Mr. Al Tooq joined UGB in 1999. He assumed the role of Head of Credit and Risk Management in October 2015. He has more than 27 years of experience in the areas of credit, risk management, operations and audit. He previously worked with Jawad Habib Coopers & Lybrand, Daiwa Middle East Bank, and Arab Investment Company. Mr. Al Tooq holds an MBA degree from DePaul University, Chicago, USA; and is an Associate Professional Risk Manager (APRM) from the Professional Risk Managers International Association.

Mr. Khalil joined UGB in September 2020. He is a seasoned banker with over 15 years of experience in the Treasury department, where he was intrinsically involved in managing liquidity through Money Market, Foreign Exchange and Capital Market products. He has managed Investment portfolios and dealt in Sukuk, GCC equities and structured products. He has also worked closely with regional and multinational financial institutions in trading different financial securities and regional debt issuances. Mr. Khalil holds an MSc in Finance from Loughborough University, UK.