One of ABN AMRO’s senior managers, Jagdish Hirani, has been appointed as country executive for United Arab Emirates, subject to regulatory approvals.

One of ABN AMRO’s senior managers, Jagdish Hirani, has been appointed as country executive for United Arab Emirates, subject to regulatory approvals, the bank confirmed to this publication yesterday.

Hirani has been with the bank for over ten years and was previously head of global markets Asia and alternate chief executive for ABN AMRO in Hong Kong. He will succeed Rob Broedelet, who has decided to step down after leading the bank’s UAE activities for the last five years, the Netherlands-headquartered bank said.

“Our UAE activities have grown significantly over the last few years, and this change of leadership coincides well with moving our organisation into the next phase of sustainable growth,” Jeroen Rijpkema, CEO of ABN AMRO Private Banking International, said.

“Jagdish Hirani is a seasoned professional with over 20 years' international experience in the financial industry. He has successfully undertaken various leadership positions, in which he has led teams through various phases of growth and change,” he added.

Hirani will report to Rijpkema and Hans Hanegraaf, CEO of private banking Asia and the Middle East, the bank added.

To view an interview with ABN AMRO about its private banking goals in Western Europe, especially Germany, see here.