Page 170 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2025

6/12/25, 4:40 PM Majed Julfar Deutsche Bank Returns as UAE Chief Country Officer

Additionally, as Head of Corporate Coverage for MEA, he will be responsible for building relationships
with major companies across the region. This involves helping clients with financing solutions, trade
support, and other key banking services.
A Strong Banking Background

Majed Julfar brings more than 25 years of experience in the banking and financial services industry.
His career spans multiple top institutions in the region, including Emirates NBD, Dubai Bank, ABN
AMRO, and Etihad Credit Insurance.

This is not his first time at Deutsche Bank. He had previously worked at the bank’s investment banking
division, so his return feels more like a homecoming.

In his most recent role before rejoining Deutsche Bank, Julfar worked at Etihad Credit Insurance,
where he played a key role in supporting trade credit and export financing for UAE-based companies.

Why This Appointment Matters

Deep Market Knowledge

Majed Julfar knows the UAE and MEA markets extremely well. This knowledge will help Deutsche
Bank create stronger partnerships and offer better solutions to its clients.

Client-Centric Strategy

His leadership is expected to enhance the bank’s ability to deliver custom-made financial services that
meet the unique needs of regional companies.

Boosting Presence in the Region

With Julfar leading the charge, Deutsche Bank is aiming to become a more dominant player in the
Middle East and Africa’s financial ecosystem.

A Broader Strategy for Growth

This leadership change is not just about one individual. It’s part of a larger growth plan for Deutsche
Bank. Over the last few years, the bank has been expanding its footprint across key markets in the
Middle East and Africa.

In the UAE, the bank already operates in both Dubai and Abu Dhabi. With new regulatory approvals
and strategic investments, Deutsche Bank is clearly committed to making the UAE one of its main
regional hubs.

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