First Abu Dhabi Bank (FAB), the United Arab Emirates’ largest bank, has nominated Pradeep Rana to succeed Arif Shaikh as group chief risk officer.
Rana brings more than two decades of functional expertise gained at ABN AMRO, Standard Chartered, and most recently Danske Bank in Denmark, where he served as the group head of corporate credit risk management and chief risk officer of wholesale banking since 2016. Shaikh will continue to lead the function for the next few months, working closely with Rana to enable a smooth transition.
FAB announced Shaikh’s planned retirement in February after nearly two decades with the bank and legacy First Gulf Bank (FGB). He joined FGB in January 2001 and went on to a play an integral role in the successful completion of the FAB merger, subsequent integration journey, and local and international expansion strategy.