In his new role as India Chief Representative, Agarwal will oversee Emirates NBDs presence in India, and take the overall responsibility to increase market awareness about the bank.
In his new role, Agarwal will report to Kevin Flannery, General Manager-International, Emirates NBD.
Commenting on the appointment, Kevin Flannery said: India represents a significant opportunity for Emirates NBD given the strong bilateral relations between both countries. Sharad will play a vital role in identifying opportunities for the bank.
Agarwal previously headed Trade Sales, Factoring and Escrow business for Emirates NBD Group based at the banks Head Office, Dubai.
As part of the new mandate, Agarwal will work closely with financial institutions and government entities in India, as well as local corporates who wish to expand operations to Emirates NBDs core market locations.
The strengthening of the India presence is the latest in a series of strategic steps that Emirates NBD is taking to expand internationally. Following the acquisition of BNP Paribas Egypt in 2013, Emirates NBD extended its banking operations to Egypt to offer a wide range of financial services through a network of 70 branches across the country.