Page 172 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2025

6/12/25, 4:40 PM Majed Julfar Deutsche Bank Returns as UAE Chief Country Officer
Deutsche Bank has been active in the UAE since 1999 and has built a strong presence across both
Dubai and Abu Dhabi. With the return of a seasoned leader like Julfar, the bank is preparing for a new
phase of expansion.

What Can We Expect Next?

New partnerships
Expect Deutsche Bank to announce more strategic partnerships with UAE-based and regional
companies under Julfar’s leadership.

Product innovations
Julfar is likely to work on bringing innovative financial products to the market that are tailored for MEA
clients.

Stronger team in Abu Dhabi
With a new branch license in Abu Dhabi, there’s a strong chance Julfar will build a powerful team to
support businesses in the capital city.

Sustainability and digital banking
The bank may also focus on areas like sustainable finance and digital transformation to align with
changing client needs and regional goals.

A Strategic Rehire That Makes Sense

Rehiring a trusted executive like Majed Julfar sends a clear message. It says Deutsche Bank values
experience, relationships, and local insight. In the competitive world of corporate banking, having a
leader who understands both the culture and business environment can make all the difference.

Julfar’s return is more than just a staffing change — it’s a strategic move that could define Deutsche
Bank’s regional success in the years to come.

Julfar’s Leadership Style

Known for his collaborative and client-focused approach, Majed Julfar is expected to bring a positive
energy to the bank. His leadership style includes:

Empowering teams: Encouraging innovation and decision-making at all levels
Listening to clients: Placing customer needs at the center of all strategies
Building long-term trust: Focusing on partnerships, not just transactions
These values are closely aligned with Deutsche Bank’s vision of being a trusted advisor to clients and
a reliable partner in business.

https://uaestories.com/majed-julfar-deutsche-bank-returns-as-uae-chief/ 4/6