People / Rajeev Kakar
Rajeev KakarDunia Executive Director and Chief Executive Officer
Rajeev is the Executive Director & Founder CEO of dunia. He is also concurrently the Executive Vice President & Regional CEO, for CEEMEA region for Fullerton Financial Holdings (FFH), a 100% owned subsidiary of Temasek Holdings, in Singapore. In his additional role as the Executive Vice President & Senior Management Committee Member at FFH, Rajeev also heads the Consumer Banking businesses globally for all its Bank & Financial Services Investments and Holdings.
Rajeev has over two and a half decades in the banking industry. Until January 2006, he was formerly the Regional Head & CEO for Citibank's Global Consumer Bank, managing the Turkey, Middle East & Africa region (TMEA), based out of Dubai.
In 1998, Rajeev started a new greenfield joint venture finance company in India, between Citigroup and Suzuki (Maruti). He ran this highly successful enterprise as its Founder CEO & Managing Director, on its board, for over two & a half years.
In 2000, he moved to Cairo, Egypt and was designated as the Country Head for Citibank in Egypt, where he launched the Consumer Bank, which then grew to be the leading financial brand in the high potential Egyptian market.
In July 2002, Rajeev transferred to Turkey as Citibank's Cluster Country Head & CEO, for Turkey and Egypt. His role was expanded further and in September 2003, took on the role as Regional Head & CEO for Citibank, managing the rapidly growing and complex regions comprising of the markets of Turkey, Middle East, Pakistan & Africa (TMEA).
In September 2009, Rajeev received ITP's "CEO of the Year" Award for Financial Services in the Middle East, in recognition of his efforts in establishing "dunia" as a pure greenfield operation, amidst the global economic downturn. In November 2010, Rajeev was also recognized as one of Arabian Business' "GCC Power List India Top 100" which recognizes top Indians in the region for their business achievements.
Rajeev joined Citibank in 1987 in India, after completing a Bachelor of Technology in Mechanical Engineering from the Indian Institute of Technology (IIT) Delhi and his Masters of Business Administration in Marketing & Finance from the Indian Institute of Management (IIM) Ahmedabad.
Board Memberships, Board Committees & Affiliations
Rajeev is currently a member of the Global Management Board of Fullerton in Singapore. He is also a member of the Global Advisory Board for the University of Chicago Booth School of Business. Additionally, Rajeev is the Executive Director on the Board of Dunia Finance LLC in the UAE; Chairman of the Board of Fullerton Securities & Wealth Advisors and a Director on the Board of Fullerton India Credit Corporation, both headquartered in India. Additionally, Rajeev is also a member of the Industry Advisory Board at SP Jain Center of Management. Between July 2004 & February 2006, Rajeev was also a board member on the CEMEA Board of Visa International.