Management Team

Our management team has been with us for over a decade and each of them has given us their unstinted support and commitment all through their time with us. They have brought to the organization quality and achievements that have consistently raised our stature in the industry to newer heights.
UAE Exchange India-Management Team

Mr. R. Sudhakar

Chief Marketing Officer

Hailing from Chennai, the biggest industrial and commercial centre of Tamil Nadu, Mr. Sudhakar's early career budded and flourished in the Pharma sector. Eleven years of  Managerial experience in India Pharma Industry and subsequent two years experience in Middle East, evolved his business skills and acumen which later moulded the astute marketer in him.

In 2001, he joined UAE Exchange Family as Business Head of Chennai Branch. His vision and worth along with significant contributions during the past 14 years, paved the purple carpet for his succeeding career.

From Branch Business Head to Leading Sales Team at HO and later heading the Money Transfer & Agency Business, followed by Vice President - Business Development, clearly outlines his nature of dedication, hard work, prudence, adaptability and positivity.

At his present capacity as CMO (Chief Marketing Officer), Mr. R Sudhakar is leading a strategic position in developing brand strategy, Market Research and Analytics. He has been instrumental in leveraging the full potential of existing resources of the company and has a vision to be a part of UAE Exchange Family's journey towards India's leading financial super power. 

Professional Dream:

To elevate UAE Exchange as a household brand in Financial, Travel and Service sector in India.

Personal Life and his likes:

During his corporate life he happened to visit various countries, which created a passion for travel in him and now his friend's acknowledge him as an "Avid Traveler". His journey and interaction with various cultures has moulded his global thinking and multilingual abilities. He is well versed in Tamil, Hindi, Kannada, English and Malayalam. His thrive to adapt to latest fashion trends, technology & social media engagement has always made him popular among his friends & alike. 

A state level basket ball player, athlete and fitness freak, his friends and family recollects his achievements and accolades during his college days. Having a doted family of wife and two kids, he loves to spend most of his leisure time with them engaging in weekend holidays, movies, dinner and long drives. A philotherian and nature lover, he holds strong opinion in environmental and social issues.

    UAE Exchange India-Management Team

    Mr. Jos Babu

    Chief Information Officer

    Mr.Jos Babu became part of UAE Exchange in February 2001 as Entry level Officer in MG Road Branch. Through his remarkable performance he moved on to be Business Head of Kochi Branch and later on elevated as Head -Insurance at HO. In the year 2004 he took over the charge of IT operations in UAE Exchange India as Head-IT. He is a Post Graduate in Business administration specialised in Information technology and is a holder of Post Graduate Diploma in IT. He also holds Sybase Database Administrator and Business Analyst from TAP Management Institute Manipal.

    In his tenure as Department Head, he was successful in gaining the Best Department Head Award from chairman of UAE Exchange Dr. B R Shetty. It was under his proficient guidance and leadership that IT Division achieved the prestigious ISO 27001:2005 Certification. Under his auspicious direction, the department has been instrumental in carving a special niche in the arena of customer delight by providing innovative products. In the year 2015, under his supervision, IT department was awarded with prestigious PCIDSS certification.

    Mr. Jos Babu leads the IT Department of UAE Exchange for the past 12 years. In his current leadership role, Mr. Jos Babu is responsible for the company's Software & Mobile application development, maintenance, support, Quality Assurance, and infrastructure management services across the nation.

    Future Plans:
    He intends to lead the organization to new heights, by taking projects from vision to reality. His dream of computer free and paper less working environment across the branches of UAE Exchange India is on the path of being a reality. He always see a vision to bring the business towards the customers at his door step in the most convenient and secured way.

    Personal Front:
    He is married to Elizabeth Tisha, an MA, B.Ed working as a teacher in High school. They are blessed with 2 daughters Mary Isabel Jos and Sophia Jos. He has genuine interest in the welfare of the society as he works with many charitable institutions which include catholic young men’s association, Red Cross, Jesus Youth etc. He also takes classes for children in Sunday school. He is also a good athlete, have won certificates and awards for Badminton championship in school and college level. He has also won the best Actor award in all Kerala Bible Kalolsavom in the year 2000.

      UAE Exchange India-Management Team

      Mr. R. Johnee Praveen

      Chief People Officer

      Mr. Johnee Praveen R joined UAE Exchange in March 2002. He has done his MBA from Bishop Heber College. He started his career in UAE Exchange as a entry level staff at Trichy branch. Then took charge of Salem Branch as Branch Head and was later promoted as Regional Head of Tamil Nadu.As RH of Tamil Nadu, he was responsible for overall region's growth and set goals for managers and staff. He took great care in motivating his colleagues and other officials of the company.

      With more than 12 years of experience in management and human resources, he is into planning, implementing, and evaluating employee relations and human resources policies, programs, and practices of UAE Exchange.Under his guidance UAE Exchange won the best company in providing in-house training, at the World HRD Congress in Mumbai. The 'Excellence in Training Award' was received by Mr. Johnee Praveen in a glittering ceremony from Mr. Lyonpo Dorji Wangdi, the Minister for Labour and Human Resources, Govt. of Bhutan.

      Personal Front:
      Mr. Johnee Praveen enjoys reading, preferably historical books as they are interesting and new. He also like listening to good quality music.

        UAE Exchange India-Management Team

        Mr. R. Ratnakumar

        Chief Compliance Officer

        Mr. Ratna kumar R is the Chief Compliance officer of the company, He is Commerce graduate with Master Degree in Business Administration, with over 17 years experience in financial sector.  He moved up the ladder with his exceptional diligence and performance to become the Chief Compliance Officer of UAE Exchange - Indian Operations.


        Before becoming CCO of the company, Mr Ratnakumar had a successful stint as Branch Head and he had worked under rural, urban and metro branches of the company with equal seal and efficiently, He was elevated as Regional head – Mumbai; there after he became Regional head South Kerala heading Kollam and Trivandrum district branches.

        He was Regional Head for 8 years with an outstanding track record and always brought elevation in growth graph especially in the areas under his jurisdiction. All his positions gave him the opportunity to utilize his motivational attitude in sharpening the innate talents of his colleagues thereby carving the best hands for business. He received many laurels and awards from the management for outstanding performance.


        As CCO of the company he is Incharge of Internal Audit, Concurrent Audit, Head office Audit, Credit control and Statutory and AML/CFL compliance departments of the company.

        In his present position, he has a general oversight of the company‘s compliance with applicable rules and regulations. He devises and maintains appropriate systems and controls for the company as a whole and advises management on compliance issues by pro-actively assisting management in identifying and containing compliance risk, monitoring, reporting and certification, fostering a compliance culture and optimising relations with regulators.

        The remit of the role will include strategically influencing the business leadership to ensure that appropriate governance framework is in place to identify and mitigate compliance risk and ensure delivery of a professional, effective, and responsive compliance guidance at an optimal cost.

        Personal Front:
        He is married to Mrs. Aiswaria who is a homemaker and blessed with one daughter Riti.

          Mr. Prabakaran K.A

          Chief Product Officer

          Mr. Prabakaran K.A joined UAE Exchange India in August 2001. He has done his MBA in marketing & HR, also an Executive education program from IIMB on ‘Monetary policy in INDIA’ and participated in ‘Foreign Exchange Analytics‘ 4 day’s workshop conducted by NSE & SIMSR. He is currently pursuing Post Graduate diploma in Financial Market Practice.

          As Branch Head of Kumbakonam, he received the award for the best performing Branch from our belovered chairman, in the first UAE Exchange Global Conference in 2003 in Cochin. With his guidance as manager, he took Mumbai Andheri Branch to All India No.1 in Forex vertical. As Regional Manager of Maharashtra/Gujarat/Goa, he took initiatives for opening 15 new branches and made it online within a year. He also nurtures keen interest in imparting Forex training and informative sessions to students of various institution such as KMA (Kerala Management Association), Xavier Institute of Management and Entrepreneurship, Sacred Heart College- changanacherry, AMITY School of Management and Birmingham Graduate school. He has lead the project of Multicurrency prepaid card ‘GOCASH’ and successfully done the launch. He has taken the Forex turnover to 1 Bio USD. At the dint of his great contribution to the Forex department, he has been promoted as Chief Product Officer.

          Future Plans:
          He aspires to keep a steady analysis of the market trends much before they are evident in the current scenario and plan strategically for successful implementation.

          Personal Front:
          Mr. Prabakaran KA is married to Ms. Punithalakshmi, who is a homemaker. They are blessed with a girl, Haripriya and a boy, Badrinath. His father is a retired BSNL staff and mother is a homemaker. Mr. Prabakaran is passionate about doing Yoga, playing Chess & Badminton. During his college days, he was a champion of the College Chess Competition in the year 1994-95.

            Board of Directors

            Our top management team has been with us for over a decade and each of them has given us their unstinted support and commitment all through their time with us. They have brought to the organization quality and achievements that have consistently raised our stature in the industry to newer heights.

            Dr. B. R. Shetty


            Visionaries are born with an urge to accomplish their desires which often cosset the interest of the society at large. Padmashree Dr. B.R. Shetty upheld the highest standards of quality and excellence throughout his career as an industrialist, builder, health care and financial services provider, educationist and sportsman. His exemplary courage and never give up attitude has added heaps of accolades and a plethora of successes which has been escalated through medias across the globe. He always had an enterprising spirit that could hardly be contained in the small township of Udupi, Bangalore, thus moving out to Abu Dhabi in 1973, where he started the New Medical Centre (NMC), and the UAE Exchange, which are part of a large chain of companies with a global presence. The initial success story therefore signaled the spawning of new enterprises as Dr. Shetty set about in earnest diversification of business, that witnessed forays into a bewildering range of businesses spread over distribution of pharmaceuticals, scientific/medical equipment, foodstuff, financial services, gold and diamond jewelery, real estate, IT, Engineering projects and services and hospitality industry.

            Dr B. R. Shetty has always taken up the pursuit of excellence throughout his life. Decades of experience in his field of business, has given him profound insight about the society and its needs which has sharpened his crave for society thus making him the best contributor for social cause, benefiting the deprived throughout the globe. He has many notable feathers in his hat among which mentioned could be made of prestigious Padmashree and Pravasi Bharatiya Samman Awards by the President of India, the Karnataka Rajyothsava Award conferred by the Government of Karnataka, the Rainbow Laurel Award conferred by the Maharaja of Travancore.

            Dr. B. R. Shetty, Chairman and founder of UAE Exchange India, and Managing Director and CEO of UAE Exchange Centre LLC, UAE, is also the founding partner and Chief Executive Officer of NMC Healthcare, Abu Dhabi.

            Born in India, Dr Shetty arrived in UAE in 1973 shortly after the country’s formation.As a trained pharmacist, he opened his first pharmacy in 1975. Dr Shetty’s other business activities include UAE Exchange Abu Dhabi, a leading global money transfer and foreign exchange provider, and investments in hospitality, food and beverage, pharmaceutical manufacturing and real estate.

            NMC has since grown to become the UAE’s largest private sector healthcare provider. Today, it has hospitals and clinics across the UAE and treats almost two million patients a year.

            Dr Shetty’s other business activities include UAE Exchange, a leading global money transfer and foreign exchange provider, of which he is Managing Director and CEO, and investments in hospitality, food and beverage, pharmaceutical manufacturing and real estate.

            Dr. Shetty received the Order of Abu Dhabi in 2005, the country’s highest civilian award, for contribution to the development of Abu Dhabi, UAE and the cause of the Emirate, as well as the Padma Shri Award and Pravasi Bharatiya Samman Awards by the President of India, the Karnataka Rajyothsava Award conferred by the Government of Karnataka, the Rainbow Laurel Award conferred by the Maharaja of Travancore.

            In addition to his business activities, Dr. Shetty is involved in several philanthropic causes. He has supported the development of a medical institution in the north Indian state of Uttaranchal and is the founder and patron of the Indian Pharmaceutical Association in the UAE.

            He is a member of the Advisory Board of the Dubai Economic Department’s Financial Sector, Chairman of the Abu Dhabi Indian School, Founder and Vice President of the Swiss Business Council, and Founder of the Australian Business Council, the Canadian Business Council, the Netherlands Business Group and the Philippines Business Council.

            Dr Shetty is also a member of the Executive Panel of Dubai’s Pharmaceutical and Health Equipment Trading Business Group under the Dubai Chamber of Commerce and Industry.

            A passionate cricket fan, Dr Shetty is the former President of the Abu Dhabi Cricket Council and was the Managing Director of the Abu Dhabi Cricket Club from its inception in 1989 until 2006.

            Dr B. R. Shetty received a Doctorate from Georgia State University, Atlanta, USA and is also a member of the International Advisory Board of Boston University, USA.

              Mr. B. S. Shetty


              Mr. B S Shetty, Non-Executive Director to the Board, has been associated with the Company since its inception, and is the co-founder of the Company. Mr. Shetty hails from Mangalore and brings significant experience and expertise on client relationships to the Company. He guides the Company’s Board of Directors in various conventions with his impeccable wisdom which has helped the Company in various levels.

              Mr. B. S. Shetty is Vice Chairman of World Bunt’s Foundation Trust and is Honorary President of Bunt’s Sangh, Kaup, Udupi.

                UAE Exchange India-Board of Directors

                Dr. C. R. Shetty


                Dr. (Mrs.) C. R. Shetty is a Non-Executive Director of the Company and also serves as a Group Medical Director of Hospitals at NMC Health care LLC (NMCH). Dr. (Mrs.) Shetty has over 33 years of experience in the health care sector. Besides being an active medical practitioner since 1977, Dr. (Mrs.) Shetty has been actively involved in the conception, planning, design, execution and management of various health care facilities of NMCH. She serves as chairs various healthcare committees of NMCH and has been instrumental in the introduction of unit specific clinical and special medical services as well as mentoring multiple health care initiatives. Mrs. Shetty is also a Board Member of Alexandria New Medical Center, Egypt. She is the wife of Dr. B. R. Shetty and mother of his four children.

                  Mr. Binay Shetty


                  Mr. Binay Raghuram Shetty, is the Chief Operating Officer of Health care and distribution divisions at NMC Healthcare LLC. He holds a Bachelor of Science in Business Administration with specializations in Finance and Entrepreneurship from Boston University, Massachusetts, USA, earning him a place in the prestigious Dean’s list for outstanding academic achievements.

                  Mr. Shetty serves as Vice Chairman to the Board of Directors of Alexandria New Medical Center, Eygpt. Mr. Shetty has 6 years of experience spanning healthcare, trading and allied businesses with specific focus on strategic planning, corporate governance, performance assessment and review functions.He is, currently a Director of UAE Exchange LLC, a leading global remittance and foreign exchange provider.

                    Mr. Abraham Thariyan

                    Independent Director

                    Mr. Abraham Thariyan joined the board of UAE Exchange India as Independent Director on 3rd March 2015. Prior to this, he was the Executive Director of South Indian Bank from April 2009 to September 2014. He began his career with Federal Bank in 1972 and has thereon successfully risen through the ranks by handling multidimensional assignments and heading all the major functions in the Bank at various points of time.

                    He became the General Manager of Federal bank in 2005 and he was in charge of International Banking, Treasury, SME Advances, Asset Recovery, Financial services, NRI services, overseeing representative offices and retail gold business up to 2009.

                    Mr. Abraham Thariyan holds a Post Graduate degree in Sociology. He completed Master of Business Administration from Cochin University. He is also a Certified Associate of the Indian Institute of Bankers. He has attended training program on strategic thinking for business leadership at Stanford business school, Stanford university California in 2010.

                    He has 20 years of experience in International Banking and Foreign Exchange and was an elected Managing Committee member of FEDAI (Foreign Exchange Dealers Association of India) for 15 years, representing private sector banks.

                    He has served as Management committee member of Kerala Management Association. He was the Chairman of CSR Taskforce -Confederation of Indian Industry ,Kochi. He was also a Panel member of IBA Standing committee on Payment system and banking technology. Presently he is the President of State Forum of Bankers Club Kerala, an apex body of Banker’s Clubs in Kerala.

                    Terms of Appointment

                      Mr. M. Narendra

                      Independent Director

                      Mr. M. Narendra joined UAE Exchange India as Independent Director on September 5, 2015. He is a Commerce graduate with Bachelor of Law Degree (University III Rank in both) and is a Certified Member of the Indian Institute of Bankers (CAIIB). Mr. Narendra is an eminent banking professional with 40 years of wide experience and exposure in Banking arena. He started his career as office trainee at Corporation Bank in 1975. Thereafter, in the year 2008, he became Executive Director in Bank of India for a period of 2 years. During his tenure in Bank of India, he has ensured to achieve all parameters like Team Building, Brand Enhancement, Priority Sector initiatives, Branch expansions, new initiatives for effective Risk Management etc.

                      He, later, joined as Chairman and Managing Director of Indian Overseas Bank in 2010 and retired as CMD in 2014.


                      With his rich and diversified field experience, IOB ranked 7th place in business among 19 nationalised banks since March 2011. Mr. Narendra has at his credit, some of the prestigious awards in the field of banking industry, for his excellence in outstanding performances and exceptional contribution to Indian Banking sector. He has held membership in RBI’s Technical Advisory Committee on Money, Forex and Government Securities Markets. He also held various esteemed councils and committees with Indian Bank’s Association (IBA). He is currently also the chairman of ASSOCHAM National Council for Banking & Finance.

                      Terms of Appointment

                        Mr. V. George Antony

                        Managing Director

                        Born in the “Venice of the East” of Kerala, Mr V George Antony, Managing Director, UAE Exchange India, had elevated the company to a renowned and world - class financial enterprise.Started his career with Catholic Syrian Bank in 1981 after acquiring a graduate degree in commerce, the endeavour and aspiration spurred him on to look for something more challenging, which finally took him to UAE in 1982. The courage and industriousness proved him to be chosen by the parent company to start operations in India at Kochi, Kerala in 1994.

                        The strong determination and hard work placed him among the few outstanding successful business leaders in India. His 35 years of experience in business and the finance industry makes him an inspiring leader to his aspirant juniors.

                        The driving force that keeps him young at heart and focused in mind is his vision. His excellent guidance leads the company to become one of the top financial institution in India delivering the finest services through its versatile products like Money transfer, Foreign Exchange,Travel & Tours, Loans, Insurance, XPay Cash Wallet and Share Trading & Demat.

                          Mr. R. Krishnan

                          Finance Director

                          On 7th April, 2005 Mr Krishnan R started his journey with UAE Exchange & Financial Services Ltd as its Manager-Internal Audit. He continued in the post till January 2006 and successfully handled internal audit of branches and administrative office. Then he was elevated as Manager-Finance with responsibility of Finance, Tax & MIS of the organization. Now he serves the Company as its Director and Chief Finance Officer monitoring the entire finance, Tax, Annual Budgeting and MIS operations of the organization in India.

                          As Director and Chief Finance Officer, Mr Krishnan successfully raised funds from various banks for the company. Spearheaded financial aspects for transformation of 40 Crore company into a more than 200 Crore topline company. Established stronger financial reporting, enhanced cost controls and built new tax department.

                          He played a key role in obtaining credit rating for the banking limits and in obtaining membership with CIBIL for the company.
                          It was under his guidance an efficient MIS system for the company and branches was developed and influenced the management in making various decisions.

                          Played Key role in positioning the company for IPO/PE investment to further augment the growth of the company.Played key role in the team for making Banking License Application for the Company. As Manager-Internal Audit, he was instrumental in developing standard audit questionnaire for branches, dealing room guidelines and daily audit of rate loading, receivables etc.

                          Future Plans:
                          Looking ahead into the future Mr Krishnan sees the PE/IPO Listing of the company, credit rating for the whole company and ISO accreditation for the operations.

                          Personal Front:
                          Mr Krishnan lives with his father, mother, wife and son in Cochin. His wife Ms Kavitha is also employed with UAE Exchange. He likes traveling, Sports and Music.

                            Ms. Maya Menon

                            Company Secretary

                            Ms. Maya Menon has joined our Company on 17th January 2014 and is our Company Secretary. Prior to joining the Company she had her stint with Redington (India) Limited, Chennai as Secretarial Executive, and as Management Trainee with The South Indian Bank Limited at their Head office at Trichur. Maya, who was State Rank-holder in Higher Secondary Exams in Kerala, has also done her Masters in Commerce. She is an active member and also a Faculty at ICSI Trichur Chapter.

                            Ms. Maya Menon currently handles and is responsible for the Secretarial and Corporate Compliance Activities of the Company. Looking forward, she expects to maintain an efficient Governance-oriented Compliance System which enables future prospects like IPO, Credit Rating etc.

                            Mother of 3 year old Niranjana, she loves reading, dancing, music and painting and above all having fun time with her kid.