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Former Citigroup Senior Figure To Head Emirates NBD's Singapore Wealth Arm

Editorial Staff

21 August 2024

has appointed Sameer Deshpande as its wealth management head in Singapore, the banker said on his LinkedIn page. 

Before Emirates NBD, Deshpande was global head of investments e-sales at Citi Global Wealth, at Citigroup, also in Singapore; he had served in various roles at the US bank since 2016.

The UAE-headquartered bank declined to comment to this publication.  

In July, the banking group reported a net profit of AED13.8 billion ($3.75 billion), up 12 per cent on a year ago for the first six months of 2024; income rose 0.4 per cent to AED21.4 billion and costs rose 12 per cent. The lender's Common Equity Tier 1 ratio was 15.4 per cent.