Ahmad is a seasoned Securities Services professional, with over 20 years’ experience, 10 of which have been in the Middle East. He is a member of the UAE Securities & Commodities Authority (SCA) Technical Committee, which is Chaired by the CEO of SCA. Ahmad has been driving change with the local CSDs and SCA, as a key participant, contributing to major market regulations and services such as the launch of the DVP proposition, NIN splitting and SLB regulations in the UAE. Ahmad is also a key member of the UAE Custodian Forum, representing FAB, and relaying the voice of the client to the markets and regulators. In his current role, Ahmad is at the forefront of the systems replacement initiative at FAB SS, as well as managing the network team’s expansion into the GCC & Egypt.
Ahmad joined FAB in 2014 from Citibank North America, where he was SVP Group Operations Securities & Funds Services, jointly holding the positions of Head of US Settlements & Head of NAM SLB Operations. Prior to moving to the US, Ahmad held roles HSBC Securities Services UAE as the Head of Client Services, and the Head of Securities Services Pakistan for SCB.