Posted inBanking & Finance

Dubai’s Emirates NBD CFO Subramanian to leave after 9 years

Surya Subramanian expressed a ‘desire to return to Singapore to pursue family interests’

Surya Subramanian, group chief financial officer of Emirates NBD.
Surya Subramanian, group chief financial officer of Emirates NBD.

Surya Subramanian, group chief financial officer of Emirates NBD, will leave after almost nine years at Dubai’s biggest lender.

Subramanian expressed a “desire to return to Singapore to pursue family interests,” the bank said in a statement on Wednesday. The process to find a successor “from eligible internal and external candidates has already started.”

Subramanian will remain at the bank to help find his replacement and to complete an “orderly handover” Emirates NBD announced Subramanian’s appointment in July 2010.

Emirates NBD on Wednesday posted a 15 percent rise in first-quarter profit, beating company estimates.

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