Al Masraf
Abhijit Jagtap is an accomplished finance professional with extensive experience in transaction banking, currently serving as Senior Vice President - Global Transaction Banking at Al Masraf since March 2023. Abhijit leads Cash and Trade Sales for various segments, collaborates with management consulting firms to devise bank strategies, and manages complex trade finance deals. Previous roles include Head of Trade Finance at Axis Bank, where responsibilities encompassed product development and relationship management for corporate clients, and Transaction Banking Sales at Emirates NBD, focusing on multinational corporate relationships. Abhijit’s career also includes significant positions at Standard Chartered Bank, DBS Bank, Deutsche Bank, and KPMG, showcasing a track record of strategic growth and innovative solutions in trade finance and banking operations. Abhijit holds an MBA from the Asian Institute of Management and multiple degrees in finance and accounting from leading institutions.
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Al Masraf
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Arab Bank for Investment & Foreign Trade (Al Masraf) was established in November 1975 and started its banking operations according to the Federal Decree no. 50 issued and signed by His Highness Sheikh Zayed Bin Sultan Al Nahyan in 1976. Al Masraf is a manifestation of the vision, wisdom, and farsightedness of His Highness Sheikh Zayed Bin Sultan Al Nahyan and rulers of other Emirates. The Bank was formed with the purpose of instilling co-operation amongst the Arab countries and promoting joint economic ventures among them. Al Masraf is owned by Emirates Investment Authority a part of the UAE federal government (42.28%), the Libyan Foreign Bank, Libya (42.28%) and La Banque Exterieure d’Algerie, Algeria (15.44%). We marching towards modernization aimed across all levels of the organization, to realize its dynamic mission and vision and become an innovative and preferred financial partner for all banking services. Today, we offer a full range of financial services including Consumer Banking, Corporate Banking, Islamic Banking and Treasury and Investment services to help our customers build and manage their finances. Our values encourage us to constantly update our products and services in order to meet the diverse and evolving needs of our clients.