Hussain A. Lalani FCA CISA- Acting Chief Executive Officer
Hussain A. Lalani FCA CISA - Acting Chief Executive Officer

Mr. Lalani joined UGB in 2002 and was appointed as the Acting CEO in September 2015. His career extends over 21 years, and he has worked extensively with the Board of Directors on advisory transactions in his previous capacity as the Bank’s Chief Financial Officer, and partnered with business divisions to support growth and business plans. Mr. Lalani was previously employed by Ernst & Young (Bahrain) and PriceWaterhouse Coopers (Pakistan). He is a Board Member of Takaud Savings & Pensions BSC (c), Bahrain; Global Banking Corporation, Bahrain; United Gulf Financial Services – North Africa, Tunisia; FIMBank plc. – Malta and Assoufid BV, Morocco. He is also a Non- Executive Director of Takaud Savings & Pensions (DIFC). A Chartered Accountant and a Certified Information Systems Auditor, Mr. Lalani holds a Bachelor of Commerce degree from the University of Karachi, Pakistan.

Mohammed Alqumaish CIA CISA MBA - Assistant General Manager, Chief Audit Executive & Corporate Secretary

Mr. Alqumaish joined UGB in September 2001. He has more than 21 years of regional, commercial and investment banking experience in internal auditing, risk assessment, compliance, corporate governance and quality assurance services. He previously worked with Ahli United Bank and Shamil Bank in Bahrain. Mr. Alqumaish is a Director, Board Audit Committee member and Nominating & Remuneration Committee member of Tunis International Bank, Tunisia; Director, Board Audit Committee member and Nominating & Remuneration Committee member of Syria Gulf Bank, Syria; and a Director of Al Ameen Real Estate Investment Company, Iraq. He also serves as an external Board Committee member of Gulf Bank Algeria, Algeria; and Bank of Baghdad, Iraq. A Certified Internal Auditor (CIA) and Certified Information Systems Auditor (CISA), Mr. Alqumaish holds an MBA from the University of Strathclyde Business School, UK.

Deepa Chandrasekhar APRM CAMS FICA CFE Chartered MCSI - Senior Vice President, Chief Compliance Officer & MLRO

Mrs. Chandrasekhar joined UGB in 2008. She has over 29 years’ experience in the areas of risk management, treasury, operations, internal audit and compliance. She holds an MBA degree from the University of Alberta, Canada; as well as several professional certifications. 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.

Syed Rehan Ashraf FCA MBA - Chief Financial Officer

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 20 years of experience in the areas of credit, risk management, advisory, compliance and assurance services – with Islamic and conventional banks – and the big four audit firms. He previously worked with Shamil Bank, Bahrain; Deloitte & Touche, Pakistan; Faysal Bank, Pakistan; and PriceWaterhouse Coopers, Pakistan. A Chartered Accountant (ACA) from the Institute of Chartered Accountants of Pakistan, Mr. Ashraf holds an MBA from DePaul University of Chicago, USA.

Adel Al-Arab, CRA - Senior Vice President, Head of Operations

Mr. Al Arab joined UGB in 1994. He has over 21 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, and risk management.

CFA, MBA - Vice President, Head of Asset Management & Investment Banking
Nirmal Parik CFA MBA - Vice President, Head of Asset Management & Investment Banking

Mr. Parik joined UGB in 2007. He was appointed Head of Asset Management & Investment Banking in October 2015. He has more than 15 years of experience in the financial services industry in investment banking, asset management 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; and IL&FS Financial Services Ltd. He currently serves as a Board Member of International Innovative Technologies Ltd., UK. Mr. Parik is a Chartered Financial Analyst (CFA), and holds an MBA degree with specialisation in Finance from BIM Trichy, India.

Assistant Vice President, Acting Head of Credit & Risk Management
Abbas Al Tooq APRM MBA - Assistant Vice President, Head of Credit & Risk Management

Mr. Al Tooq joined UGB in 1999. He assumed the role of Head of the Credit and Risk Management in October 2015. He has more than 21 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 The 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.

Hamid M. Al Hashimi - Vice President, Head of Treasury

Mr. Al Hashimi joined UGB in March 2017. He has over 15 years of experience within Treasury, across all asset classes including structuring, sales and trading; as well as a syndication team leader for a number of regional capital market fixed income issuances. Mr. Al Hashimi has held several positions within Treasury at various international and regional financial institutions, both conventional and Islamic. He holds a Bachelor’s Degree with Honours in Business Administration (with emphasis on Economics) from the University of Bradford, UK including an in-depth dissertation on the impact of e-commerce on Treasury.