Arabian Business Power 500 2013
Thu 21 Mar 2013 10:28 AM
Abdulfattah Sharaf
111

Abdulfattah Sharaf

Industry: Banking & Finance

Company: HSBC UAE

Designation: CEO

Country: UAE

Abdulfattah Sharaf became the first CEO for HSBC’s UAE division when he was appointed in January 2010.

Sharaf spent thirteen years at NBD before joining HSBC, and also spent a short period overlooking the global giant’s retail offering before taking on the top position.

In February, the Middle East unit of the banking giant reported a 67 percent increase in profits to $1.4bn. That impressive figure came despite a global $900m cost-cutting drive that spurred it the lender to close sixteen businesses across the world.

Sharaf, a graduate of The University of Denver, is also a board member of the Network International, an advisory board member of HDG Mansur - USA and a member of Young President Organisation.