Aazar Ali Khwaja starts immediately in the new role. He was previously regional treasurer for emerging markets and Africa with Barclays Bank, during which he also served as chairman of the regional asset and liability management committee. 

Aazar’s previous roles also included MD and head of fixed income currency and commodities in Citigroup's Central and Eastern European division, group treasurer for Saudi Hollandi Bank in Saudi Arabia, and MD Treasury for ABN Amro/K&H Bank in Hungary.

As at 30 June 2012, total assets of Emirates NBD were AED 298.4 billion . The firm has Islamic banking, global markets & treasury, investment banking, private banking, asset management and brokerage operations.