Page 182 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2025

6/10/25, 9:54 AM Deutsche Bank Brings Back Former Executive to Lead UAE Business - Bloomberg

Industries | Finance

Deutsche Bank Brings Back Former Executive to
Lead UAE Business

By Nicolas Parasie
June 9, 2025 at 2:25 PM GMT+4

Deutsche Bank AG said it re-hired Majed Julfar to oversee its business in the
D e u t s c h e B a nk A G s a i d i t r e - h i r e d M a j e d J u l f a r t o o v e r s e e i t s b u s i ne s s i n t h e
United Arab Emirates, one of the German lender’s international locations
U ni t e d A r a b E m i r a t e s , o ne o f t h e G e r m a n l e n d e r ’ s i n t e r n a t i o n a l l o c a t i o n s
earmarked for expansion.
e a r m a r k e d f o r e x pa ns i o n.

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In addition to his role as Deutsche’s chief country officer for the UAE, Julfar
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will also head the bank’s corporate coverage in the Middle East and Africa,
w i l l a l s o h e a d t h e b a nk ’ s c o r po r a t e c o v e r a g e i n t h e M i d d l e E a s t a n d A f r i c a ,
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according to a press release. .
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