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RBL Bank Appoints Five Emirates NBD Executives to Board Following Strategic Investment

RBL Bank has appointed five senior Emirates NBD executives, including Group CEO Shayne Nelson, to its Board as Non-Executive Non-Independent Directors following Emirates NBD's strategic investment.
RBL Bank Appoints Five Emirates NBD Executives to Board Following Strategic Investment
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Mumbai, June 18, 2026: RBL Bank Limited has announced the appointment of five senior executives from Emirates NBD Bank (P.J.S.C.) as Additional Non-Executive Non-Independent Directors on its Board, strengthening the strategic partnership between the two banking institutions.

The appointments, approved by the Board of Directors on June 18, 2026, are subject to shareholder approval and applicable regulatory requirements. The newly appointed directors will be liable to retire by rotation in accordance with the provisions of the Companies Act, 2013.

 

Five Senior Emirates NBD Leaders Join RBL Bank Board

The newly appointed directors are:

  • Shayne Keith Nelson, Group Chief Executive Officer of Emirates NBD.

  • Patrick John Sullivan, Group Chief Financial Officer of Emirates NBD.

  • Neeraj Makin, Group Head of Strategy, Analytics and Venture Capital at Emirates NBD.

  • Manoj Chawla, Group Chief Risk Officer of Emirates NBD.

  • Marwan Mahmood Mohammad Hadi, Group Head – Retail Banking and Wealth Management at Emirates NBD.

 

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Experienced Banking Leaders

Shayne Nelson has led Emirates NBD since 2013 and has overseen a significant expansion in the bank's market capitalization and asset base. Under his leadership, Emirates NBD has emerged as one of the leading banking groups in the Middle East.

Patrick Sullivan brings more than three decades of international banking and finance experience and currently oversees the financial operations of the Emirates NBD Group.

Neeraj Makin, who has been with Emirates NBD since 2008, has played a key role in the bank's international expansion and strategic acquisitions. He also leads the Group's analytics and venture capital initiatives.

Manoj Chawla, Group Chief Risk Officer, possesses over 25 years of expertise in enterprise risk management, regulatory compliance, and banking operations.

Marwan Hadi heads Retail Banking and Wealth Management at Emirates NBD and has more than two decades of experience across retail, wealth management, and commercial banking.

 

Strengthening Governance and Strategic Direction

The induction of the five senior executives is expected to bring global banking expertise, strategic insights, and strong governance practices to RBL Bank. Their appointment comes as Emirates NBD deepens its engagement in the Indian banking market and seeks to support RBL Bank's long-term growth and transformation.

 

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About Emirates NBD

Emirates NBD is among the largest banking groups in the Middle East, with operations across the UAE, Egypt, Saudi Arabia, India, Türkiye, and several international markets. The bank is known for its leadership in digital banking and financial innovation.

 

About RBL Bank

RBL Bank Limited is one of India's leading private sector banks, offering a broad range of banking and financial services to retail, commercial, and corporate customers.

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