Invest Bank Enhances Leadership with Strategic Appointments
Appointments underscore Invest Bank’s focus on strengthening governance, enhancing agility, and accelerating innovation across its operations.
In alignment with its ongoing strategic transformation, Invest Bank has announced key leadership appointments. Mridul Baberwal has been named the Chief Financial Officer, and Hammad Naqvi has been appointed as the Head of Treasury. These moves are crucial steps in advancing the bank’s restructuring efforts, improving financial governance, and accelerating its digital modernization initiatives.
Edris Al Rafi, CEO of Invest Bank, commented: “At Invest Bank, we are reshaping the future of our institution through strong leadership, sound governance, and digital innovation. The appointments of Mridul Baberwal and Hammad Naqvi bring critical expertise that strengthens our financial foundations, accelerates our transformation journey, and advances our vision of building a more agile, resilient, and customer-focused bank. Their experience will be instrumental as we continue to align with the UAE’s dynamic financial landscape and deliver sustainable value to all our stakeholders.”
Strengthening Financial Leadership
Mridul Baberwal, a Chartered Accountant with extensive expertise in financial management, will play a central role in guiding the bank’s transformation. With over 20 years of experience, Mridul has led financial innovation, regulatory compliance, and operational improvements at several prominent banks in the UAE and internationally. Prior to joining Invest Bank, he held the position of Deputy CFO at RAKBANK, where he contributed to boosting financial performance and implementing the region's first Social Finance Framework. His experience spans globally renowned financial institutions, including Standard Chartered Bank, Barclays Bank, and Deutsche Bank.
Expertise in Treasury and Capital Markets
Hammad Naqvi brings more than 30 years of leadership experience in treasury management, capital markets, and Islamic finance. Most recently, he served as Senior Executive Vice President and Group Head of Treasury and Capital Markets at Mashreq Bank, and also chaired the UAE Banks Federation (UBF) Financial Markets Committee. His vast knowledge in optimizing treasury operations and driving strategic financial solutions will be instrumental in further fortifying Invest Bank’s leadership team and positioning the bank for continued success.
Driving Digital Transformation and Organizational Resilience
The appointments of Mridul Baberwal and Hammad Naqvi are integral to Invest Bank’s broader transformation strategy. The bank’s efforts are aimed at strengthening financial governance, improving operational resilience, and enhancing its digital banking capabilities. As part of its reorganization and digital modernization agenda, Invest Bank is focused on creating a more agile, customer-oriented, and future-ready organization, closely aligned with the UAE’s vision for innovation in financial services.
Long-Term Growth and Strategic Vision
These leadership appointments are key milestones in Invest Bank’s journey towards long-term, sustainable growth. By enhancing its leadership capabilities, the bank is positioning itself to deliver greater value to clients and stakeholders, ensuring that it remains resilient and competitive in an increasingly digital and dynamic financial landscape.
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