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Bio

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Kunal Mehta is a seasoned banking professional with 20+ years of experience in retail banking, portfolio management, and cross-selling. He has held senior roles at RAKBANK, Gargash, and Interactive Insurance Brokers LLC, where he has developed and launched innovative products and services. Kunal holds a Bachelor of Arts degree in Actuarial Science from the University of Connecticut-Storrs.

Experience

  • Interactive Insurance Brokers LLC
    • Dubai, United Arab Emirates
    • Sales Director - Executive Floor
      • Feb 2022 - Present
      • Dubai, United Arab Emirates

  • Gargash
    • Dubai, United Arab Emirates
    • Vice President Of Business Development
      • Jul 2020 - Feb 2022
      • Dubai, United Arab Emirates

  • RAKBANK
    • Dubai
    • Head of Retail Product- Liabilities
      • Jan 2016 - Jul 2020
      • Dubai

    • United Arab Emirates
    • Banking
    • 700 & Above Employee
    • Business Development Manager
      • Feb 2012 - Dec 2014

      Worked directly with the head of the department in all new initiatives from concept, development, and delivery to distribution. Fee Income –Managed the Development and distribution of Rak Value for Accounts/Credit Cards/SME (Fee based packages offering customers a series of Banking/Insurance/Life style benefits). Online Innovation – Developed and launched the first online account opening channel in the UAE (Click & Collect).

    • Head of Mortgages
      • Feb 2010 - Jan 2012

      Lead one of the UAE’s largest retail banking Mortgage lenders during the aftermath of the financial crisis; generating an annual Net profit of over AED 200 Mio net of delinquencyHandled all aspects of running the business from Sales/Developer relations/Product development/P&L management/Collections and Legal aspects.

    • Product Manager & Branch distribution - Mortgages & Bancassurance
      • Apr 2006 - Feb 2010

      MortgagesManaged key relationships with all the major Developers in Dubai & Abu Dhabi to offer mortgage finance for their projects.Created the first 95% mortgage scheme with on-spot approval in conjunction with the biggest developer in the UAE.Launched the first Mortgage Over draft product in the UAE.Managed mortgage sales and service through the banks branch networkBancassuranceManaged all vendor relations pertaining to product launches and portfolio and non-portfolio distribution and claims.

  • William M Mercer
    • Connecticut
    • Actuarial Analyst
      • Jul 2001 - Feb 2003
      • Connecticut

      Work directly with the senior actuary on developing and analyzing 401k plans for major corporate clients. One of the leading actuarial consultant firms in the world.

Education

  • 1997 - 2001
    University of Connecticut-Storrs
    Bachelor of Arts (B.A.), Actuarial Science

Suggested Services

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Industry Focus. “Insurance”

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