Emirates Development Bank (EDB)
Shaker Zainal is an experienced finance professional currently serving as the Deputy Chairman of the Board at Amlak Finance PJSC and Chief Business Officer at Emirates Development Bank (EDB). With a diverse background that includes roles such as Chief mSME Officer and Business Finance Director at EDB, Board Member at Rawabi Holding Group, and Financial Court Expert for the Ministry of Justice in the UAE, Shaker brings extensive expertise to the financial sector. Previous positions include the Head of Retail Banking and SME at both Commercial Bank International and Mashreq Bank, as well as significant experience at HSBC as Acting Head of Personal Financial Services in the UAE. Shaker holds an Executive MBA from Hult International Business School and a Bachelor’s degree in Accounting from UAE University.
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Emirates Development Bank (EDB)
Emirates Development Bank (EDB) is the UAE’s development bank, a key financial engine for the economic development and industrial advancement of the nation. Our mission is to foster a healthy, sustainable, and self-reliant economy through the provision of financing solutions to SMEs and corporates domiciled in the UAE and engaged in any of our five strategic priority sectors. These include advanced technology, food security, healthcare, manufacturing and renewables. Given its developmental mandate, the Bank is not-for-profit, offering patient capital and favourable financing terms to our clients. EDB provides direct financing solutions to all clients and also indirect financing solutions to SMEs through guarantees to our commercial banking partners. We go one step further by fostering the UAE entrepreneurship ecosystem with our unique digital banking product suite tailored to start-ups and also non-financial education and mentoring programmes aimed at advancing creditworthiness and financial literacy. As the UAE’s development bank, EDB seeks to attract and retain the best talent through a supportive culture and continuous professional development opportunities. The Bank’s employees are united by the shared commitment to develop the UAE economy, a goal which is embedded in every aspect of their work and fills them with a sense of pride. Emirates Development Bank’s vision is to be a key financial engine dedicated to the economic development and industrial advancement of the UAE.