Most influential Brit expats in banking and finance
Rick Pudner, CEO, Emirates NBD
Rick Pudner heads Emirates NBD, Dubai's largest lender. Pudner joined Emirates Bank as chief executive in 2006 before it merged with National Bank of Dubai a year later. He led ENBD through Dubai’s boom years before the emirate's property market tanked escalating into a full blown financial crisis that required the restructuring of corporate and government debt. Having successfully managed both the merger and the financial crisis, Pudner is set to step down from his position by the end of this year. Pudner was previously with HSBC for 24 years, including as CEO of the bank’s unit in South Korea and head of corporate banking in the Middle East. He also held the positions of chairman of the Foreign Investors Advisory Council for the Mayor of Seoul, chairman of the European Union Banking Committee in Korea, and vice chairman of Foreign Bankers Group in Korea. Pudner currently holds board positions for Emirates Investment Service, the Economic Development Council, Emirates Fund Managers (Jersey) and Emirates Financial Services.
Dubai’s largest listed contractor, Arabtec, has been on shaky foundations for the past two years, recording losses for six consecutive quarters. But Raja Hani Ghanma, CEO of its construction subsidiary, explains how the company is gradually building back up to profit.