18 (5) Rick Pudner CEO, Emirates NBD The British head of the biggest banking group in the Middle East in terms of assets has had a tough year. The Dubai-based lender posted a 53 percent decline in second-quarter profit and it is one of the seven largest lenders to the debt-troubled Dubai World.(ITP Images)
The small kingdom is among the most economically vulnerable of the GCC states, with high debt levels, low reserves and slow GDP growth. But it has identified jewels in its accelerating non-oil economy that will help it forge a new path for the future.