Smita Tamhane
Executive Director
Smita has 36 years of extensive experience across the spectrum of global financial services, having held senior executive positions in HSBC and Lloyds Bank covering the GCC region out of UAE .
Her diverse expertise covers corporate banking finance, credit risk management, loan syndications and special asset management with debt restructuring and remediation. She has also led strategic initiatives to set up and run country business units for SME and Retail banking, driving the conception and execution of strategy, policy setting and business development to net revenue generation and cost optimisation.
Smita has worked in senior corporate executive roles managing key large corporate, sovereign and MNC clients across diverse sectors, providing a range of structured products and services including specialized finance for aviation complemented with extensive knowledge in cross selling of trade finance and cash management products.
She was selected by HSBC and to lead the Groups pilot for introduction of Client Management – Middle Office concept for Corporate Banking in the UAE. Its success in driving up operating efficiency with fewer resources led to global roll-out across the Groups other 4 regions globally. Following this, she was assigned to the pilot centralization of KYC remediation to ensure compliance with regulatory requirements.
Further, she successfully set up and managed the loan syndication desk and has extensive experience in structuring deals and sell down of assets having closely worked with London debt capital markets.
For a wealth management client in DIFC, Smita structured bespoke private banking products through securitization of trade finance assets that have generated substantial returns as an immensely popular investment.
Smita is a Gold Medalist from the Bombay University where she did her Masters degree and held a Fellowship at St Xavier’s College. She is accredited by Association of Corporate Treasurers, London with certification in Risk and Treasury Management. She is registered with ‘Bankers Without Borders’ to offer pro bono banking and financial guidance to social enterprises and non-profits for enabling inclusive finance. She is also a member of the Women’s Angel Investor Network (WAIN) which facilitates early-stage investments in women lead startups.