Farzad Billimoria

Farzad Billimoria joined Barclays as Head of Private Bank for the United Arab Emirates effective July 1, 2025, based in Dubai. He brings 30 years of expertise in financial services across Private Banking, Wealth Management, and Retail Banking. Billimoria is responsible for leading the Private Bank in the UAE, overseeing the local team and governance, while driving growth of the UAE business as a strategic hub for the broader Middle East region and international corridors.

Most recently, Billimoria served as Senior Executive Officer and Head of Private Bank for the UAE at HSBC, where he drove the bank's strategy in the region. He joined HSBC from Standard Chartered Bank in 1997, relocating from India to Dubai in 2003 as Deputy Regional Head of NRI Services MENA and was appointed HSBC Head of Private Bank UAE in 2015. During his tenure at HSBC and having lived in the UAE for over two decades, Billimoria led a team that established HSBC Private Bank (Suisse) SA offices in the Dubai International Financial Centre and Abu Dhabi Global Market, and launched the first onshore Private Bank booking centre for HSBC in the UAE.

Additionally, he managed the growth of the Non-Resident Indians (NRI) business in the region and has handled some of the UAE's largest ultra-high-net-worth (UHNW) client portfolios and relationships. Billimoria holds a Master of Business Administration (MBA) from the Xavier Institute Of Management and Research and also holds a Certificate in Private Banking from the Wealth Management Institute, SMU, Singapore.

Career History

• Head of Private Bank for the United Arab Emirates, Barclays (2025–present)
• Senior Executive Officer and Head of Private Bank for the UAE, HSBC (2015–2025)
• Deputy Regional Head of NRI Services MENA, HSBC (2003–2015)
• HSBC, India (1997–2003)
• Direct Sales Executive, Standard Chartered Bank (1995–1997)

What Billimoria could bring to his role as Head of Private Bank for the UAE at Barclays: Drawing on his 28 years at HSBC and three decades of banking experience, Billimoria brings deep institutional knowledge of the UAE's private banking ecosystem and UHNW client management. His track record of establishing offshore and onshore private banking platforms, combined with his expertise in NRI wealth management and regional expansion, positions him to accelerate Barclays' growth in the Middle East while leveraging the relationships and market presence he built at HSBC. His background in building strategic banking hubs across multiple jurisdictions aligns with Barclays' objective to position the UAE as a regional gateway.