Rajeev Bhatnagar

Rajeev Bhatnagar recently joined Mashreq Bank as Group Chief Risk Officer, bringing more than 34 years of international banking experience. Based in Dubai, he will lead the group's risk management capabilities across all disciplines and support Mashreq's strategic ambitions in an evolving financial landscape.

Bhatnagar's background includes senior roles spanning 21 years at Citigroup and over 6 years at Commonwealth Bank of Australia prior to joining BNY in 2020. In risk management, he has held Chief Risk Officer roles at country, regional and global levels, managing teams across all risk categories including credit risk, operational risk, market risk, compliance and financial crime compliance. His broad-based banking and risk management experience spans corporates and financial institutions, business banking and retail banking.

Bhatnagar is an Engineer and holds a master's in business administration, with his MBA from Indian Institute of Management, Ahmedabad. At BNY, he served as Chief Risk and Compliance Officer for the International business, responsible for global risk oversight across Treasury Services, Asset Servicing and Issuer Services, managing teams across APAC, EMEA and LATAM.

Career history

• Group Chief Risk Officer at Mashreq Bank (2024-present)
• Chief Risk and Compliance Officer, International Business at BNY (2020-2024)
• Senior roles at Commonwealth Bank of Australia (2012-2020)
• Risk and compliance leadership roles at Citigroup (1999-2012)

What Rajeev Bhatnagar could bring to Group Chief Risk Officer at Mashreq: With over three decades of experience managing enterprise-wide risk governance across major global financial institutions, Bhatnagar brings deep expertise in regulatory compliance, risk category management, and building risk management frameworks in complex international environments. His track record managing risk teams across multiple geographies and business lines positions him to strengthen Mashreq's risk infrastructure, enhance compliance capabilities with global regulators, and support the bank's digital transformation and emerging technology risk challenges.