Mashreqbank PSC

Established in 1967, Mashreqbank is the second oldest bank in the UAE. The Bank's heritage is closely linked with the creation of the modern UAE. It is therefore no surprise that Mashreq has established itself as one of the region's leading regional bank with a focus on cross border trade finance.

Mashreq is present in 12 countries with 23 overseas offices including branches in Qatar, Bahrain, Kuwait, Egypt and in the major financial hubs of Dubai, New York, London, Mumbai and Hong Kong. The presence in these economic centers are effectively supported by representative offices in Bangladesh, Nepal and Pakistan; as well as a global network of correspondent banks covering over 80 countries. Mashreq is the only regional bank with a network as large as this. The solutions in the FI space are unparalleled.

Mashreq geographic footprint and focus is entirely consistent with the UAE's role of being at the center of Asian, Middle East and African trade. It has an extensive knowledge of world-wide markets, regulations and authorities arising from deep rooted experience.

Mashreq is an important service provider to corporate and emerging corporate clients in the GCC region. It clearly understands its position in the financial value chain – connecting domestic businesses globally. Mashreq services underline the philosophy of ‘We Make Possible’. This extends to the ecosystem of financial institutions in emerging and frontier markets.

Mashreq's international operations cater to various customer segments – Retail, Corporate, Emerging corporate and Financial institutions (FIs). It offers a full range of services in each of these segments such as corporate advisory services, cash management services, trade and structured trade solutions, Investment product, and many more. Our goal is to provide a totally comprehensive, end-to-end solution for our clients.

Represented by:

Vinayak Prabhu

Vice-President, Product Management – Cash & Trade
International Banking Group

Vinayak is presently associated with Mashreqbank, International Banking Group for 9 years (as of end 2016). He is experienced banking professional with over 13 years (as of end 2016) of track record across geographies, delivering growth in global transaction banking business by catering to diverse customer segments.

Prior to Mashreq, Vinayak was with Citigroup Global Services, India since 2004, handling global process migration for Citibank, project implementation and managing operations.

He has an all-round expertise in transaction banking catering to FI & Corporate customers covering sales, client management, product development, roll-out, readiness, strategy, advisory and process.

Vinayak is a qualified Chartered Accountant and is certified in International Cash Management from ACT, U.K. and International Trade Finance from The London Institute of Banking & Finance (erstwhile ifs Univeristy College), U.K.


Rahul Jayakar

Head – Global Transaction Services, Products & Trade

Rahul Jayakar is an experienced banking professional having worked in large multinational and regional financial institutions in the UAE and India.

Rahul Jayakar was named by Global Finance in its list of Who’s Who in Treasury & Cash Management 2016. Global Finance states ‘The individuals that we honour in Global Finance’s Who’s Who in Treasury and Cash Management are those that have been recognized as best in their field by their peers and colleagues, and by our own Editorial Board. They are well equipped to successfully chart a course through these unknown waters.’

Currently, Rahul heads Mashreq’s Global Transaction Services, products and Trade; he has primary accountability for developing the Bank's transaction banking business. Prior to the current role Rahul was responsible for the Mashreq’s transaction banking business outside the UAE, in 11 countries and Financial Institutions.

Prior to Mashreq, Rahul was with Standard Chartered Bank (SCB), since 2005; his last role was senior Transaction Banker in Strategic Client Coverage Group, Wholesale Banking; where he covered top 5 Indian corporate groups globally for their transaction banking requirements.

Prior to SCB, Rahul has worked with private banks in India in wholesale banking in variety of roles in coverage, sales and products, which included, Relationship Management, Asset Distribution, Trade Finance, Supply Chain Finance & Cash management.

Rahul is a Bachelor of Science (Physics & Electronic) from National College (Mumbai University), India, completed MBA from Sydenham Institute of Management Studies (Mumbai University).