UAE Exchange CEO Wins Award for Excellence in Finance and Profession

Award conferred by the Institute of Chartered Accountants of India (ICAI), Abu Dhabi Chapter, UAE

Mr. Promoth Manghat, CEO, UAE Exchange, was conferred the prestigious Excellence in Finance and Profession Award by the Institute of Chartered Accountants of India (ICAI), Abu Dhabi Chapter, UAE.
The award was presented in a colourful ceremony held in Abu Dhabi, UAE, on 20th November, 2015. The ceremony was graced by dignitaries, eminent personalities, celebrities and the Media.

ICAI is a professional body of Chartered Accountants, which bestows the recognition on exceptional individuals for their outstanding work in finance and professional fields. Promoth received this award for his outstanding contributions in the progress of UAE Exchange, in the process building a successful career. He has been instrumental in introducing various processes in the organisation and instilled a passion for excellence in its culture, transforming the remittance brand into a global entity.

UAE Exchange has always attempted to be innovative, revolutionising its products to enhance customer experience. Today it offers a host of services in line with the growth in sophistication of the industry.
Going forward, UAE Exchange envisions being the most admired brand in money transfer, foreign exchange and payment solutions. Toward this, various technological initiatives have been taken up, emphasising on digitalisation, thus transforming UAE Exchange.

About The Institute of Chartered Accountants of India (ICAI): ICAI is statutory body established under the Chartered Accountants Act, 1949 for the regulation of profession of Chartered Accountants in India. ICAI is the second largest accounting body in the word. The Abu Dhabi Chapter of ICAI was established in October 1984 and the chapter regularly organises seminars and workshops, which are addressed by eminent subject matter experts from around the world. At present, the Chapter has over 650 members.

About UAE Exchange:

UAE Exchange has close to 800 branches in 31 countries and serves over 7.9 million customers, handing six per cent of the total global remittances. Correspondent relationship with over 140 global banks adds to the might. At the branches customers can avail instant bank transfer, overseas cash payouts, currency exchange, salary collection, bill payments, mobile top-ups, secure savings options, travel card etc. Over 9000 professionals, representing 40 nationalities, strive for excellence and this penchant for quality has won the brand ISO certification and other global awards. For more information, please visit and

The International Trade Council - a peak-body, non-profit, international chamber of commerce. Dedicating to assisting businesses overcome technical barriers to trade, expand into new markets and connect with other businesses.

Promoth Manghat, CEO, UAE Exchange receiving the ‘Excellence in Finance & Profession’ award from Rajiv Shah, Chairman, ICAI – Abu Dhabi Chapter and Suresh Chander Panwar, Vice Chairman, ICAI – Abu Dhabi Chapter