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Mashreq appoints Norman Tambach as Group Chief Financial Officer

By Delisha Fernandes

September 07, 2023

  • Banking
  • Capital Management
  • corporate tax planning

Mashreq, Group Chief Financial Officer, Norman Tambach, financial institutions, banking, finance, regulatory governance, risk management, capital management, corporate tax planning, data analytics, digital transformation, FinTech news, FinTech Dubai, UAEMashreq, one of the leading financial institutions in the MENA region, has announced the appointment of Norman Tambach as its new Group Chief Financial Officer.

Norman will play a crucial part in supporting the future vision of the bank in terms of developing and executing financial strategies that support the bank’s strategic objectives, driving innovative and technology adoption, and process improvements within the finance and corporate affairs functions across the group.

With an illustrious international career in banking and finance, Norman Tambach brings a wealth of expertise encompassing an array of critical domains including strategic financial engineering, M&A, financial operations, regulatory governance, risk management, capital management and corporate tax planning.

Ahmed Abdelaal, Group CEO of Mashreq, said, “It is with great pleasure that we welcome Norman to the Mashreq family. His extensive experience as a financial leader across multiple markets demonstrates a broad and deep knowledge of international challenges, opportunities, and the nature of a rapidly evolving financial landscape.  His leadership will provide Mashreq with a clear direction in achieving its fundamental objectives of sustainable growth, fiscal stability, and robust protection for the bank and its shareholders.”

Norman will take a leading role in the oversight of the Bank’s balance sheet, its financial reporting structure, and its interaction with multiple regulatory and tax jurisdictions. He will also play a central role in the continued digitization of the Bank’s financial operations, the efficacy of its reporting functions, and the professional development of a highly experienced finance team.

Norman Tambach said, “I am excited to join Mashreq during such an exciting moment in its trajectory as a digital challenger bank with a fast-growing international presence. During a period of significant global geopolitical and economic uncertainty, I look forward to helping the Bank navigate challenges, exploit emerging opportunities, and maximize the Bank’s innate strengths as a leading player in the digital economy. I am committed to leveraging my expertise to provide robust leadership in the fiscal probity of the Bank’s operations, to protect the interests of its shareholders, clients, customers, and its wider impact on the economy.”

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