Mashreq has appointed Majeed Quraishi as Vice President (Director). The appointment signals the bank’s continued focus on scaling its private banking and wealth management business across the region.
With over 20 years of experience in global banking, Quraishi brings deep expertise in managing ultra-high-net-worth (UHNW) portfolios, driving revenue growth, and leading high-performance teams. His appointment comes at a time when regional banks are expanding their wealth platforms to capture rising investor demand.
Strong track record in UHNW portfolio management and revenue growth
Quraishi has built a reputation for delivering consistent growth across complex banking environments in the UK and MENAT regions. Over the years, he has managed client portfolios exceeding AED 1 billion and driven double-digit revenue expansion.
At Emirates Islamic, where he previously served as Director – Private Banking, he led front-office revenue initiatives. He managed portfolios between AED 500 million and AED 1 billion while generating up to AED 8 million in annual revenue. In addition, he consistently acquired over AED 400 million in net new money each year. Moreover, he worked closely with investment teams to deliver tailored, Shariah-compliant strategies aligned with client goals.
Leadership across leading regional and global financial institutions
Before joining Mashreq, Quraishi held senior roles across top-tier banks. These include First Abu Dhabi Bank, Abu Dhabi Commercial Bank, HSBC, and Lloyds Banking Group.
During his tenure at First Abu Dhabi Bank, he managed a client portfolio valued at AED 850 million. He also played a key role in onboarding international clients and expanding discretionary portfolio management offerings.
Earlier, at Abu Dhabi Commercial Bank, he delivered strong revenue growth and achieved top performance rankings. Notably, he increased revenue by 155% through investment sales and cross-selling initiatives.
Expertise in investment advisory, compliance, and cross-border banking
Quraishi combines strong client advisory skills with deep regulatory knowledge. He has worked extensively with frameworks set by global and regional regulators, including cross-border compliance standards. Furthermore, he has led initiatives across discretionary portfolio management, IPO investments, and alternative asset strategies. In a previous role, he raised $15 million for IPO opportunities while building a high-value client base.
His ability to align investment strategy with client objectives has helped him maintain long-term relationships with UHNW clients.
Strategic focus at Mashreq
At Mashreq, Quraishi is expected to focus on expanding the bank’s UHNW client base and strengthening its investment advisory platform. He will also play a key role in driving client acquisition, improving portfolio performance, and mentoring teams.
Additionally, his experience in building cross-border relationships and managing complex portfolios will support Mashreq’s broader regional growth strategy.
Educational and professional credentials
Quraishi holds certifications from the Chartered Institute for Securities and Investment (CISI) in wealth and investment management. He also has a background in business and management from institutions in the United Kingdom.
