Wednesday, 20 April 2016

Dr.R.Seetharaman,Executive Officer of Doha Bank Group, Qatar


Dr.R.Seetharaman


A boy who nearly dropped out of school at eighth standard because he could not afford to pay the school fees is today the man overseeing Banking Group with turnover of Billions of Dollars!!  The boy who had to run all the way to school examination hall because his bicycle was punctured is the man who globe trots with Banking as his business and environment as his special interest.

The boy who gave tuitions to students to get free books is sought after by every channel and media all over the globe for his thoughts and views on economic developments and current affairs. Meet Dr.R.Seetharaman, Chief Executive Officer of Doha Bank Group, Qatar. A self- made man destined to make a difference , his story is awe-inspiring for every young mind aiming big in life.

Hailing from Mayiladudurai, his father, Mr. Raghava Sharma, was a Sanskrit teacher who instilled exemplary moral values and discipline in his son. As quoted by Dr.Seetharaman” Though Economically backward we were always intellectually forward and even then my parents intelligently invested on my education and it still remains my capital asset”. But money was always short at home.

To support his education he aimed for a scholarship and spend sleepless nights and tiring days to achieve top-grade. His head master who realised the potential of the young school boy helped him achieve the scholarship. The way to this was very difficult but as the CEO of Doha Bank Group says “I guess it is the hard work and determined attitude that I developed at a young age is what keeps me going forward with a spirit that says never say die” .He did study Grade 9 onward on scholarship.

Furthermore to support his family he used to work at a shop in the town “As a boy, I used to work at a salary of Rs.9 per month to support my family’, reminisces Seetharaman. He remembers of an instance where he had to carry around 10 litres of kerosene and walk 10 kilometres to his house just to save money on transportation. ”Love and compassion for my family still drives my thoughts. Today Doha Bank is my extended family and the same spirits drive my attitude at work” 

Mr.Seetharaman was a brilliant student and had no difficulty in blazing his way through the academic routines to pick-up the scholastic credentials needed for embarking on a good career in the financial world.   He graduated in commerce from University of Madras, winning a Gold Medal from the University.  He went on to complete his Chartered Accountancy.

He took up a job with a private company in India at first.  He then moved to Qatar and joined the global consultancy firm Price Waterhouse.  Later he worked in executive positions in three banks in Qatar.

The launch of his illustrious career started with his joining Doha Bank, Qatar in 2002. Doha bank was not very well known then.   Making Doha Bank the biggest private bank in Qatar was a monumental task, even for a person like Seetharaman, with his brilliance and astuteness in business.  But persisting with untiring effort is a way of life for him.  He introduced innovative products and services,  deployed consumer-centric technology solutions,  adopted newer strategic business models, established full-fledged cross-border branch operations in Dubai & Kuwait, Opened representative offices at various financial centres across the globe, floated a 100% owned insurance subsidiary company,  promoted a joint-venture brokerage firm and apart from all this developed a unique work culture at the Bank which paved the way for scaling new heights in the Financial Industry of Qatar.

His pragmatism and long-sightedness helped him carve out a niche for Doha Bank and drove the growth and development of the bank in line with the Growing Nation of Qatar.  Doha Bank also became the pioneer in Green Banking technology in Qatar. In other words, with his magic touch, Doha Banking Group experienced a spectacular growth harnessing awards and accolades like never before all over the globe  and the Banking Industry started looking upon Seetharaman with awe and respect.

Undoubtedly, as the shower of awards indicates, he is the person of the right caliber to head the Doha Bank.  He has transformed Doha Bank as one of the best performing bank in the Middle East region and a well-reputed Global Brand.  Under his stewardship, Doha Bank has been judged as the Best Bank repeatedly and has won many awards - such as the Best Bank in Qatar 2011 by EMEA and the Best Commercial Bank in Middle East 2010 by Banker Middle East.

Doha Bank posted a business volume of US$ 24 billion last year.   “That has already become history; I always look ahead; The target for the current is much more; I am confident that the Bank would achieve that”, says Mr.Seetharaman with complete self-assurance.

 

A genius in financial accounting, Mr.Seetharaman has international statistics at his finger tips.  He has earned innumerable Certificates, medals and awards in the fields of Foreign Exchange, Treasury operations, Banking, Business Management and corporate social responsibility.

Dr. R.Seetharaman, Group Chief Executive Officer of Doha Bank, is a prominent personality in the banking industry throughout the Middle East, an economic expert who has achieved remarkable success for his contributions to Banking, Trade, Investment, Economics, Environment, Social responsibility, Philanthropy and Charity. He is recipient of multiple doctorates from leading universities of the world, including PhD in Green Banking and Sustainability 2015 from Sri Sri University and PhD in Global Governance 2013 by European University. He was endowed with the honorary degree, Doctorate of Laws by Washington College in May 2012 for his unique and valuable contribution to society in the field of banking, knowledge management, corporate social responsibility and governance. He was also awarded with title Doctorate of Honoris Causa from European University in June 2012 for his unique and valuable contribution to global governance and social responsibility. He is a Chartered Accountant and holds certificate in IT systems and Corporate Management, whilst being a Gold medalist in his graduation Bachelor of Commerce.

A leading top-tier Bank CEO, he has transformed Doha Bank as one of the best performing Banks in the Middle East region. He is a high profile economist and is invited on a regular basis by international media such as BBC, CNN, FOX, CNBC, Sky News, ABC and Bloomberg to share his views. He is also an active promoter of economic cooperation and cross border investment opportunities between the GCC and the rest of the world. An influential environmentalist on the Global stage, he has proactively created awareness on Global Warming across the globe through a host of seminars and other initiatives. He is a benevolent philanthropist, who has proactively contributed towards the underprivileged sections of society for his enormous contribution towards both, business and society. He has received many awards and accolades such as “Best CEO in Middle East”, “World Leader Business Person”, “The Gullands Excellence Award as a Phenomenal Banker” to name a few.

Quick Facts

Education:

 PhD in Green Banking and Sustainability 2015 from Sri Sri University

 PhD in Global Governance 2013 by European University

 Doctor of Civil Laws of Honoris Causa 2012 by European University

 Honorary degree, Doctor of Laws 2012 by Washington College

 CA from the Institute of Chartered Accountants, India

 B. Com Gold Medalist - University of Madras

 

 

 

Profile :

 Started career in Price Waterhouse

 Worked at the top management level in three banks in Middle East

 Current Role: Group Chief Executive Officer - Doha Bank

 Few Prestigious awards won by Dr. R.Seetharaman

Lifetime Achievement Awards:

Doha Bank CEO Dr. R. Seetharaman was honored with Lifetime Achievement Award at Banker Middle East Awards in Dubai on 27-May-2015

Dr. R. Seetharaman, CEO of Doha Bank was presented with the “Life Time Achievement Award” by The Institute of Directors, Tamil Nadu State Chapter at the Global Summit 2014 on Business Excellence held in Chennai – India for his initiatives to promote excellence in Governance practices on 22-Aug-2014. Chief guest Dr. K. Rosaiya, Hon’ble Governor of Tamil Nadu, India handed over the award.

Life Time Achievement Award for outstanding contributions and achievements in Banking Sector organized by NRI Institute from the Minister of State of External Affairs for the year 2009. Rare honor given by the institution to any individual.

Other Prestigious Awards:

Dr. R. Seetharaman, CEO of Doha Bank was honored with “Business Man of the Year Award” on 16-June-2015 at the Hilton Hotel, Doha, Qatar for his strong beliefs in management principles and for his dynamic leadership qualities in leading Doha Bank with strong values and firm principles.

Dr. R. Seetharaman, CEO of Doha Bank being honored with NRI foundation Excellence award by Hon’ble Mr. Arun Jaitley, Finance Minister, and Government of India on 13-Mar-2015.

Doha Bank CEO Dr. R. Seetharaman was awarded the “Man of the Year “at IAIR Awards 2014 at a glittering function held in Dubai on 20-Nov-2014, where Doha Bank was adjudged the “Best Bank In Qatar”.

Dr. R. Seetharaman, Doha Bank CEO was honored with the prestigious “Gold Stevie Award for Executive of the Year” in the Banking Category at the 2014 International Business Awards - “The Stevie Awards” event in Paris on 10-Oct-2014.

CEO of the Year 2011 in Middle East at the EMEA Awards. This is the Second time he has won the prestigious honor in the Middle East.

Doha Bank CEO Dr. R. Seetharaman was honored with "The ABLF Business Economist Award" at the ABLF (Asia Business Leadership Forum) Leadership Weekend 2014 on 13-Dec-2014 for his outstanding contribution in financial media in areas such as economics, financial markets, banking, finance and sustainable development through commentaries and opinions and for promoting bilateral trade and investment relationships between various countries. He received the award from H.E Sultan bin Saeed Al Mansouri, UAE Minister of Economy.

Outstanding Contribution to the Industry award by Banker Middle East in partnership with Hawkamah Institute for Corporate Governance during the Banker Middle East Industry Awards 2010 in Dubai, UAE.

Dr. R.Seetharaman has been awarded the prestigious "CA Global Achiever Award" during the glittering ceremony of The Institute of Chartered Accountants of India (ICAI) Awards 2012 in February 2013 at Grand Hyatt, Mumbai

Recommended as the United Nations Goodwill Ambassador to H.E. Ban ki- Moon, UN Secretary General, by H.E. Nassir Abdulaziz Al Nasser, the Permanent Representative of the State of Qatar to the UN for his renowned environmental / Green activities.

Mahatma Gandhi Pravasi Samman by NRI Convention held in House of Lords, London – October 2013 for his achievements in the field of Banking Sector

World Leader Business person - For being a successful leader who works in an innovative, systematic and knowledgeable manner - September 2012

Doha Bank CEO Dr. R. Seetharaman was honored as “Banking Innovator” at the 2014 Indian Innovator Awards, Entrepreneur of the Year Award function held in Dubai on 09-Dec-2014.

Dr. R. Seetharaman received the “Best Banker Award for Supporting SMEs for their better growth and exemplary achievements in Banking Sector” during the "INDIA SME BUSINESS CONCLAVE” on 15th June, 2013 on the occasion of 19th Foundation Day of Small and Medium Business Development Chamber of India.

Leadership and Fellow Award during the 23rd World Congress Leadership and Quality of Governance and Presentation of Golden Peacock awards ceremony hosted by Institute of Directors in February 2013

Dr. R. Seetharaman was honored with 4th Rajiv Gandhi Excellence Award in 2013 for his distinguished services in the banking profession.

Global Indian Award by Rotary Club of Madras Metro during the launch of KRIA- Rotary Metro Awards 2013 in Commemoration of the 10th Anniversary of Kesar

International Indian of the Year Award for his contributions for global economics, supporting for years the common cause to address the Global Warming & Climate Change and Millennium Developments Goals from H.E. Dr. Farooq Abdullah, Minister of New and Renewable Energy, Government of India in 2010

Best CEO in Middle East Banking Industry 2008 by the Middle East Awards Institute from Honorable Dominique de Villepin, Former Prime Minister of France.

Banker of the Year 2007 from Banker Middle East.

 

Arab Asian Banker Excellence Award - 2006 from Arab Asian Forum in Singapore.

The Phenomenal Banker Achievers Excellence Award from the President of Mauritius in 2009

The Gullands Excellence Awards for excellence as a Phenomenal Banker in 2008.

Certificate of Appreciation from United States Department of Commerce - U.S. Commercial Service in promoting US-Qatari trade and financial ties from Mr. Israel Hernandez, Assistant Secretary of Commerce Director General of the Commercial Service International Trade Administration in 2007.

Pravasi Achievers Gold Medal for his outstanding contribution in the Banking and Economic Sector by the NRI Welfare Society of India at the House of Lords, London - 2010.

Dr. Seetharaman has transformed Doha Bank as one of the best performing bank in the Middle East region and the Bank has been recognized as Best Bank in Qatar 2011 by EMEA and the Best Commercial Bank in Middle East 2010 by Banker Middle East. During his stewardship Doha Bank has become a Global Brand, conferred with the following awards /recognitions:

Doha Bank has been named Bank of the Year 2013 – Qatar by The Banker magazine, an affiliate publication of The Financial Times, at the 14th Bank of the Year awards function held in London in 2013.

Best Commercial Bank Qatar 2013” & “Best Customer Loyalty Programme 2013” from International Finance Magazine (IFM), a leading source of information, analysis and insights for the global finance community.

Golden Peacock Global Award for Sustainability 2014, 2013, 2012 & 2010 by Institute of Directors, India

Golden Peacock Global Award for Corporate Social Responsibility for the years 2013, 2012 & 2011

BIZZ Peak of Success Award from the World Confederation of Businesses in 2013

Best Regional Commercial Bank in Middle East by the Banker Middle East in 2013, 2014 & 2015

Ebanking 2013 Excellence Award by the Middle East Excellence Awards Institute in 2013

Most Innovative Retail Bank Middle East by Global Banking & Finance in 2013

Best Corporate Responsibility Programme in the Middle East by EMEA Finance in 2012

Best Bank in Qatar by EMEA Finance in 2012

Best Corporate CSR Program by Arab Organisation for Social Responsibility in 2012

Best Bank in Qatar & Most Innovative Bank In the Middle East 2012 by Global Banking & Finance Review

Best Bank in Qatar 2011, 2012 - EMEA

Bank of the Year 2011 in Qatar by Arabian Business Awards

Asia's Best Brand Award from CMO for the year 2011

Best Bank in Qatar & Most innovative bank in Middle East for the year 2010 from EMEA

Best Sustainable Financial Institution in Qatar for the year 2010 from The New Economy

Golden Peacock Global Award for Corporate Social Responsibility for the year 2011

Best Bank in Qatar & Most innovative bank in Middle East for the year 2010 from EMEA

Best Sustainable Financial Institution in Qatar for the year 2010 from The New Economy

Best Commercial Bank in Middle East from Banker Middle East for the years 2005, 2007, 2009 & 2010.

Best Bank in Qatar from Euromoney for 2008 and 2005

Best Globalization Bank and Best Green Bank from Banker Middle East Awards 2008

Bank of the Year from The Banker, Financial Times for the years 2003, 2004 and 2006

Best Bank in Middle East from Banker Middle East for 2006

Best Bank in Qatar from World Finance for 2007

Best Internet Banking Award from Banker for 2008

Best Islamic Corporate Finance Award from Banker for 2007

He has played a pioneering role in introducing innovative products and services, deploying consumer centric technology solutions, newer strategic business models etc., and all first of its kind in the State of Qatar.

 His strategic business model initiatives include his vision towards globalization through opening of full-fledged cross border branch operations in Dubai, Abu Dhabi and Kuwait and representative offices in Australia, Hong Kong, Singapore, Japan, Turkey, China, South Korea, United Kingdom, Canada, Frankfurt and Sharjah. Doha Bank has successfully established Doha Bank Assurance Company, the first Middle Eastern Bank to establish a 100% owned insurance company. He was instrumental in striking a strategic tie-up with a leading Indian brokerage firm and named it as Doha Brokerage and Financial Services Ltd., first financial institution to set foot in the Indian sub-continent. His thought leadership and relentless attitude resulted in Doha Bank being granted license to commence banking operations in India and has been permitted to provide full-scale banking services.

Dr. Seetharaman is very passionate about theatre and literature and actively promotes social and cultural arts.

Dr. Seetharaman is a high profile economist and is invited on a regular basis by international media such as BBC, CNN, FOX, CNBC, Sky News, ABC and Bloomberg to share his views. He is also an active promoter of economic cooperation and cross border investment opportunities between the GCC and the rest of the world. An influential environmentalist on the Global stage, he has proactively created awareness on Global Warming across the globe through a host of seminars and other initiatives. He is renowned Quiz Master in State of Qatar and has successfully conducted business-quizzes, sports-quizzes and green-quiz.