Emirates NBD hires Nelson

City A.M. Reporter
EMIRATES NBD, Dubai’s largest bank, has appointed Shayne Nelson, currently head of Standard Chartered’s private banking arm, as its new group chief executive, the bank said yesterday.

Nelson has experience in the United Arab Emirates, having been regional chief executive for the Middle East and North Africa, and UAE chief executive for Standard Chartered before being tapped to head its private bank in July 2010, according to his profile on the bank’s website.

He has been with the British-based lender since 1997 and is currently based in Singapore.

Nelson will take over from Rick Pudner, who joined Emirates Bank as chief executive in early 2006.