Emirates Investment Bank (EIBank), a private and investment bank based in the UAE, has announced the appointment of Gaurav B Shah as chief executive officer (CEO) of the bank.

Shah brings over 20 years of experience in wealth and asset management and investment banking, having worked in top-tier banking and finance institutions across Europe and the Middle East.

He joins EIBank from Al Rajhi Capital in Saudi Arabia, where he was chief executive officer for nine years. During his time with ARC, Shah led the development and execution of a strategy focused on achieving leadership positions in growth and profitability in its chosen business streams.

Prior to joining ARC, Shah was managing director and global head of Product and Investment Solutions at Credit Suisse Global Investors, based in London and Zurich. He also held multiple senior management positions at Morgan Stanley and Deutsche Bank.

He holds an MBA from the Manchester Business School and a Bachelor of Commerce in Accounting and Finance from Sydenham College, University of Mumbai.

Shah’s appointment follows the interim of Imad Bou Khouzam who continues in his role as chief financial officer. – TradeArabia News Service