Executive Committee

The Bank’s Executive Committee directs Arab Mafex Bank’s daily activities and leads our
growth strategy. It is mandated with continually exploring innovative ways to enhance our capabilities
and ensure we effectively serve our clients’ evolving requirements.

The Executive Committee consists of:

Gaurav Prakash

Gaurav Prakash

Chief Executive Officer

Gaurav Prakash is the Chief Executive Officer of Arab Mafex Bank. He joined the Abu Dhabi-based bank from Al Rajhi Capital (ARC), where he served as Chief Executive Officer for 9 years. Gaurav brings over 25 years of experience in wealth and asset management and investment banking, having worked in top-tier regional and international institutions.

Gaurav also worked at Credit Suisse where he was Managing Director and Global Head of Product & Investment Solutions, based in London & Zurich. He also held multiple senior management positions at Morgan Stanley and Deutsche Bank.

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

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Saeed Usman

Saeed Usman

Head of Corporate Affairs & HR

Saeed Usman has been with Arab Mafex Bank for twenty five years and heads the Bank’s Corporate Affairs division. He oversees various aspects of the Bank’s relationship with its regulators.

He is also responsible for managing the Bank’s Human Resources department and external affairs, including shareholder communication. As part of his role in Arab Mafex Bank, Saeed coordinates various activities with brokers across the Middle East and North Africa region. Saeed holds a Bachelor in Technical Management from Wentworth Institute of Technology, Boston, US, and a Diploma in Business Administration from New Bury College, Boston.

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Asad Tayer

Asad Tayer

Head of Asset Management

Asad Tayer is Head of Asset Management of Arab Mafex Bank, with over 22 years of experience in Banking and Investment Management.

Prior to joining AMBANK, Asad was associated with Al Rajhi Capital based in Riyadh, Kingdom of Saudi Arabia performing various roles as Chief Investment Officer/ Head of Fixed Income and Multi Assets directly managing large institutional clients., with overall assets under management of USD 11Bn equivalent.

Asad holds an MBA and BBA (Hons.) in Finance, from the Institute of Business Administration (IBA), Karachi, Pakistan. He was awarded the CFA charter in 2002. He has also served as a Board member of the Bahrain Investment Professionals Society from 2007-2009.

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Osama Muhammed

Osama Muhammed

Head of Business Development

Osama Muhammed is the Head of Business Development of Arab Mafex Bank. He has over 28 years of experience in the financial sector encompassing business and client relationship development. Prior to AMBANK, Osama worked at Al Fardan Exchange LLC and Al Fardan Group since 1993 in many leadership roles and was CEO since 2011 and Director at the Group.

He has occupied other roles such as Vice Chairman of Foreign Exchange and Remittance Group (FERG) under Abu Dhabi Chamber of Commerce . He was a former Vice Chairman of Abu Dhabi Quality Group.

He holds a degree in Electronics Engineering and a Postgraduate Diploma in Management Studies from the University of Hull. He is also an alumnus of J.F. Kennedy School of Governments Executive Program in Leadership of Harvard University and holds a Harvard Fintech Certificate.

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Anuj Gupta Agarwal

Anuj Gupta Agarwal

Head of Internal Audit

Anuj Gupta Agarwal is the Head of Internal Audit of Arab Mafex Bank. He brings over 17 years of experience in financial and internal audit and financial consultancy gained across the Middle East and International Markets.

Anuj joined from Ernst & Young where he spent six years within Assurance and Business Advisory services.

Anuj graduated with honors in accounting from St. Xavier’s College, Ranchi University and qualified as a Chartered Accountant from the Institute of Chartered Accountants of India.

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Kishore Kumar

Kishore Kumar

Head of Finance

Kishore Kumar is the Head of Finance at Arab Mafex Bank. He brings over 17 years of experience in Finance, Banking and Auditing having worked in reputable regional and international institutions.

Kishore joined from Tamweel/ Abu Dhabi Islamic Bank (Abu Dhabi) where he spent 6 years handling financial accounting and reporting.

Prior to joining Tamweel/ DIB, Kishore has spent 5 years in Ernst and Young (Abu Dhabi) handling some of their premier statutory audit accounts like Emirates NBD and DP World.

Kishore is a qualified Chartered Accountant from India and holds an MBA in Finance from the Middlesex University and a Bachelor of Commerce in Accounting and Finance from the University of Bombay.

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