Emirates NBD has announced the promotion of Saod Obaidalla to executive vice president, head of Private Banking, assuming overall responsibility of the bank's global private banking business. Obaidalla has been an integral part of Emirates NBD for over two decades in various senior roles across retail and wholesale banking. In his new role, Obaidalla will oversee and manage relationships with the bank's HNW (high net worth) and UHNW (ultrahigh net worth) individuals and family businesses with financial assets in excess of $1 million.