Group board

The Travelex Board jointly oversees the activities of the business as a whole.

Please see the menu on the right to read more about the people managing the activities of the business.

Dr B R Shetty


Dr B.R Shetty is an entrepreneur par excellence. His success story has been paved by humility and deep commitment towards the people and the society. Armed with a degree in clinical pharmacy, Dr. Shetty set foot in UAE in 1972 and founded the healthcare facility - New Medical Centre (NMC) in 1975. After realising the immense potential of the remittance sector and with a deep sense of yearning to help the expatriate community, he established UAE Exchange in 1980 with its head office located in Abu Dhabi. Today, Dr. Shetty is among the top business icons in the Gulf region and a living testimony of Corporate Social Responsibility. He has numerous awards to his credit including the Padmashri, one of the highest civilian honours of the Government of India, bestowed on him for his outstanding achievements and contributions to business and trade. The Abu Dhabi Government has also recognised his contributions to the society by conferring on him the highest honour of the Abu Dhabi Government - the Order of Abu Dhabi. He was conferred with a Doctorate by Georgia State University, Atlanta, USA. Dr. Shetty has, during his highly successful business career, forayed into many sectors including pharmaceuticals, healthcare, finance, FMCG, IT, hospitality, cosmetics, jewellery, advertising, PR and real estate with astounding success in each one of them. Dr. Shetty is also a member of various international business councils.

Financial Report

On the board:

Dr B R Shetty Chairman

Tony D'Souza Chief Executive Officer

James Birch General Counsel

Abdulrahman Basaddiq (FCA) Non Executive Director and Chairman of the Group Audit and Risk Committee

Binay Raghuram Shetty Vice Chairman

Victoria Bénis-Lonsdale Group Company Secretary