Residents Witnessing History and Reflecting Progress

Khaleej Times

24-03-2025

Ghazala Zaman and Tabassum Vally, long-time residents of the UAE, have witnessed the nation's remarkable transformation into a thriving and culturally rich country. Both Zaman and Vally share a longstanding association, with Vally bringing extensive experience in banking and media, while Zaman has built her career in education and writing. 'We consider ourselves fortunate to have seen the UAE evolve over the years. It has been an incredible journey, and we always look forward to the country's continued growth and dynamism,' they said. Dubai has welcomed people from diverse nationalities, with Pakistanis among those who have made significant contributions across various fields. From doctors and engineers to entrepreneurs and professionals - including bankers, lawyers, marketers, media experts, artists, and chefs - Pakistanis have found their niche in Dubai and flourished.
The UAE Excels in Diversity
Some of the leading Pakistanis serving in the emirate's financial sector believe that the banking system in the UAE and Pakistan is resilient and adaptive, offering more personalised services.
With extensive cross-industry experience in finance, Iqbal Noor has developed a deep understanding of business operations and the key drivers behind individual success.
His journey in the UAE began with setting up his business in Abu Dhabi before he joined Mashreq Bank, where he took on a role in corporate training. Over the years, he has held multiple positions across banking, asset management, telecommunications, and the healthcare sector.
Currently, Iqbal leads the learning and development programme for Emirates NBD Group. He credits much of his success to the high standard of education he received at the Institute of Business Administration, Karachi, and the unwavering support of his colleagues.
'I believe Dubai is the safest place for families. Compared to other places I have lived, the UAE excels in diversity and offers a multicultural lifestyle. There is always a festival to enjoy, and life here is enriching, with friends from various backgrounds,' he says.
Iqbal and his family enjoy Dubai's desert landscape, often camping under the stars. A lover of Urdu literature, he has written around 60 poems and hopes to publish them as a collection one day.
His advice to young graduates starting their careers is to focus on developing the right skills.
'A deep understanding of principles at school is crucial in adapting to professional practices. To lead others, you must first be a great team player. There are numerous learning opportunities readily available for anyone who wants to upskill or reskill - most of them free,' he says.
Iqbal also highlights the importance of mentorship for new employees and graduates. 'Great mentors share their experiences and provide valuable insights to help you improve and make wise career choices.'
Born and raised in Pakistan, Khadija Hashimi has strong ties to the UAE. She spent her formative years in Dubai, attending JESS and Dubai College, before continuing her education at Karachi Grammar School. She later earned a BSc in Management from the London School of Economics and Political Science, followed by an MS in Mass Communication from Boston University.
Khadija joined Standard Chartered Bank in 1997, straight out of university, and has remained with the organisation ever since. She attributes her long-standing career to a strong family support system and the encouragement of senior leaders within the bank.
'Over the years, the bank has gone from strength to strength. I've had the opportunity to work across different departments and multiple markets. Standard Chartered nurtures talent, enabling employees to develop their strengths and explore innovative avenues — I have done exactly that, and it has helped me grow within the organisation.'
Commenting on the UAE's economic success, she says the UAE has created the right environment to attract global talent and thought leaders. 'Its business-friendly laws, ease of doing business, and strong infrastructure have made it an ideal place for professionals and families alike.'
For many Muslims, including herself, the UAE is particularly attractive as it blends modern advancements with a safe and nurturing environment for the Muslim community.
Having worked in both Pakistan and the UAE, Khadija believes that the banking sectors in both markets are resilient and adaptive. 'Customers now demand more bespoke solutions, pushing banks to offer more personalised services. Differentiation is key for survival, and there are many niche areas banks can explore today. The rise of AI and fintech has intensified competition, compelling traditional banks to seek partnerships or new avenues to stay relevant.'
Beyond financial growth, she emphasises the need for organisations to give back to the communities they serve. 'I am particularly proud of Standard Chartered's initiatives to support young people and women, such as our Women in Tech programme. Running successfully for six years in Pakistan and the UAE, the programme empowers women-led startups by providing essential skills, financing, and networks to drive long-term impact. It truly creates a level playing field for women in entrepreneurship and economic growth.'
Her advice to young professionals is to embrace innovation and curiosity. 'To stay relevant, graduates need to bring fresh perspectives, a strong grasp of new technologies, and an eagerness to learn.'
Evolving Strategies for Risk Management, Fraud Detection
Mohammad Khalid Iqtidar came to UAE in 2006, and ever since then UAE has been his home. He is currently working at Ajman bank and speaks highly of his life in UAE.
'The UAE has given me the opportunity to excel in my career. I have learnt that hard work and discipline are the mantras for success. The UAE provides a platform to those who have the zeal to move forward in life.'
It is no surprise that we are seeing more and more young graduates returning to UAE and are seeking jobs locally.
The world class infrastructure, the safety, and ease of establishing oneself are hugely contributing towards making UAE much sought after place for jobs and living.
Compared to many countries UAE is a tax haven. With almost zero taxes it has become very attractive and lucrative for young graduates looking for jobs and startups.
Muhammed is the Head of Compliance at Ajman Bank. He is a highly experienced and versatile senior executive with over 25 years of expertise in internal audit, risk management, and compliance within the banking sector.
Muhammed ´s core competencies are deeply rooted in establishing and re-engineering processes for audit divisions, developing and executing robust audit strategies, and leading operations in compliance and risk management.
At Ajman Bank, he has played pivotal roles, leading the creation and implementation of comprehensive compliance works in line with Central Bank of the UAE regulations, focusing on Anti Money Laundering (AML), Know Your Customer (KYC), and Sanctions.
His tenure as Vice-President and Head of Operational, BCM & Fraud Risk Management at Ajman Bank involved developing and implementing enterprise-wide strategies for operational risk, fraud, and business continuity management. He has a track record of managing and maintaining effective work in line with regulatory guidelines and best practices.
Previously, as vice-president and head of operational & financial audit at Ajman Bank, Muhammed demonstrated his expertise in auditing, compliance, FCC, AML/Sanctions, credit/market risk management, investment & private banking, and corporate governance.
Prior to joining Ajman Bank Muhammed held senior roles at Commercial Bank International, Habib Bank AG Zurich — United Arab Emirates.
Muhammed holds an array of professional qualifications and his skillset is further enhanced by numerous certifications in areas like GRC, accounting and internal auditing, financial modelling, information security, risk management & control, identity management, data privacy, and governance.
His academic credentials include an MBA from the University of Northampton, UK, and a Bachelor of Commerce from the University of Karachi, along with several other prestigious certifications and diplomas in strategic management, leadership, and banking.
He is a speaker / panelist in several conferences and awarded with some awards and accolades recent one is the outstanding leader in the field of Compliance, Audit, Risk and Governance.
Life in the UAE is Dynamic and Enriching
A longtime resident of the UAE, Zya Islam describes life in the country as dynamic and enriching. The multicultural environment, combined with a high standard of living and professional growth opportunities, makes it an exciting place to work.
Having worked for Citi Bank in Pakistan, Zya moved to Dubai in 1996 as the head of branch operations at Mashreq Bank.
After working for almost six years with Mashreq Bank, Zya moved to the world's first Islamic bank as the head of digital and process engineering.
His role here allowed him to blend his passion for technology with banking. Zya thoroughly enjoyed driving digital transformation for six impactful years.
Later, after serving at Dubai Islamic Bank Zya transitioned in 2008, to the Islamic subsidiary of Emirates NBD — Islamic Bank.
Here he took on the role of Head of Digital Banking. In his role he focused on enhancing the digital customer experience and implementing cutting edge banking solutions and cater to the needs of the bank's clients.
Currently Zya is serving as the Executive Director and Head of Retail Governance.
Having worked in both Pakistan and the UAE, Zya has witnessed the evolution of the banking industry in both markets.
'Pakistan's banking sector is evolving with increased digitalisation and a focus on financial inclusion. However, it also faces economic fluctuations and regulatory hurdles. In contrast Dubai is a vibrant financial hub with a highly competitive banking sector, characterised by the presence of global banks and a strong emphasis on fintech.'
Discussing the UAE's exceptional economic growth, he attributes this to its strategic location and diversification.
'The UAE's economic success is due to its strategic location, diversification away from oil, and significant investments in infrastructure and technology.'
For young graduates entering the work force, Zya stresses the importance of continuous learning and adaptability.
'It is crucial to stay informed about industry trends, actively network, and develop expertise in technology and customer service. These skills are essential for long term success in the banking sector.'
With almost 16 years of experience at the bank Zya aspires to leverage his extensive knowledge and experience to ensure compliance, enhance operational efficiency, and foster a customer centric approach within the retail banking.