Emirates Investment Bank Hires Ex-Al Rajhi Capital Boss As New CEO

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

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 acted as CEO for nine years. During his time with Al Rajhi, he led the development and execution of a strategy focused on achieving leadership positions in growth and profitability, a statement said.

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