"Emirates NBD PJSC, (EMIRATES) Dubai’s biggest bank, hired Shayne Nelson from Standard Chartered Plc (STAN) as chief executive officer, replacing Rick Pudner.
Nelson was the CEO of Standard Chartered Private Bank with additional responsibilities for the small- and medium-sized enterprise banking, Emirates NBD said in a statement to Nasdaq Dubai today. He was also the chairman of Standard Chartered Saadiq Islamic Banking and a director of the Standard Chartered Board for China.
Nelson’s appointment comes after state-controlled National Bank of Abu Dhabi PJSC (NBAD), the United Arab Emirates’ biggest lender by assets, in April hired Alex Thursby from Australia & New Zealand Banking Group Ltd. (ANZ) as CEO. Thursby will next month succeed Michael Tomalin, who retires after 14 years in the job."
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