Emirates NBDs Suvo Sarkar named Retail Banker of the Year in the Middle East

1 Min | 07 April 2015

Award recognises his invaluable contribution to the UAE retail banking sector and impressive track record

Dubai, April 7, 2015: Emirates NBD, a leading bank in the region, announced today that its General Manager for Retail Banking and Wealth Management, Suvo Sarkar, has been named 'Retail Banker of the Year in the Middle East' at the Asian Banker Excellence in Retail Financial Services Awards 2015.

The award was presented to Mr. Sarkar at the largest retail banking gathering in Asia recently held in Singapore.

The Retail Banker of the Year award is one of the highest forms of recognition given to a global retail banking leader for playing an instrumental role in transforming the bank's operations and also making a strong impact on the wider retail banking landscape in the country. The honor also recognises significant achievements over the person's whole career, inspirational thought leadership towards the bank and the entire industry, and his efforts to invest in staff development.

Mr. Sarkar was chosen as the winner for his vision and determination to push the frontiers of the UAE retail banking industry to new levels through need-based innovation, digitisation, superior customer experience and other value propositions that have created a benchmark for the UAE banking sector. The jury was impressed with the bank's impressive financial performance showcased by Retail Banking and Wealth Management division in 2014, underscored by all-time high revenue growth registered during the year. They also praised Emirates NBD's efforts in promoting responsible banking in the country by informing and educating the UAE population on good financial management.

Congratulating Mr. Sarkar on the lifetime achievement award, Shayne Nelson, Group CEO of Emirates NBD, said: "On behalf of Emirates NBD, I congratulate Suvo Sarkar on winning the Retail Banker of the Year award. Under his leadership, Emirates NBD has shaped a retail proposition that is unparalleled in a competitive marketplace. We have clearly identified gaps and needs, and created innovative banking solutions that incorporate technology and process reengineering. This strategy has enabled the bank to achieve a leadership position, while offering an enriched banking experience to our customers."

At the awards, Emirates NBD was also named the 'Best Retail Bank in the Middle East', 'Best Retail Bank in the UAE', and 'Best Automobile Lending Business'

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