Tony Jashanmal to give keynote address at next session of Emirates NBD Global Business Series

Press release

Published August 26th, 2013 - 12:29 GMT

Emirates NBD

Emirates NBD, a leading bank in the region, announced today that Tony Jashanmal, a member of the board of directors at the Jashanmal Group, a renowned retail conglomerate across the Middle East, will give the keynote address at the next networking session of the “Emirates NBD Global Business Series.” The upcoming session will be held from 7:00-9:30 PM on August 27, 2013, at the Godolphin Ballroom, Jumeirah Emirates Towers.

The keynote speech will focus on Jashanmal’s career within the Jashanmal Group, establishing several new businesses within the company, targeting sectors like print media, men’s accessories, tobacco and fashion. Jashanmal will also discuss his instrumental role in rebuilding Jashanmal’s Kuwait operations following the Gulf War in the early nineties and driving the group’s expansion into India while entering into an array of joint ventures.

Jashanmal Group is a renowned retail conglomerate across the Middle East with retail divisions operating over 150 stores in five countries with a wholesale division supplying a network of over 1,000 points of sale every day in segments ranging from travel retail to mass and mid-market outlets to high-end retailers with a diverse product group including home appliances, luggage, tobacco and print media. The group grew from a small general store in Basra in 1919,to a corporation with multi-channel activities in the GCC and India with headquarters in the UAE.

The event is part of a series of networking sessions that give SME owners and entrepreneurs an opportunity to meet and interact with icons of the UAE business community.

The “Emirates NBD Global Business Series” is organised in coordination with The Intelligent SME magazine.

Background Information

Emirates NBD

Emirates NBD, the leading banking group in the region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across corporate, retail, private, Islamic and investment banking throughout the region.