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Premal R. Patel

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Money Transfer International
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    www.moneytransferinternational.org/?pageID=18&subpageID - [Cached Version]
    Published on: 7/7/2009    Last Visited: 7/7/2009  

    Premal is Executive Director of Veritas Investments WLL a multi-disciplined, strategic partnership advisory company based in the Kingdom of Bahrain. His organisation works closely with the Bahrain Economic Development Board to encourage businesses to consider Bahrain as a place to do business in the Middle East. Veritas Investments is engaged in strategic financial services and premium brand marketing consultancy; media managment; communications development; property; training & development and lifestyle services.

    Premal was previously Senior Director Marketing for American Express (Middle East & North Africa) where his remit spanned across the following marketing disciplines : Consumer & Corporate Marketing, Market Research, Co-branding, Product Development, Card Acquisition, Premium & Credit Products, Public Relations and Corporate Communications in 18 markets in the Middle East, North Africa, and Levant - Launching a new Product Line Strategy, new Brand Strategy and the introduction of the renowned Centurion Card in 8 markets simultaneously were just some of his business successes. Between 2003-2005 he was Executive Vice President of Bates PanGulf (a Communications Services Agency) and Chief Operating Officer of Premier Sponsorship Marketing (PSM) based in Dubai. Prior to this he held the role of Head of Marketing, Visa International Middle East & Levant and Senior Communications Manager Riyad Bank, Saudi Arabia.

    Prem graduated from Kingston University, Surrey and began his career in 1993 at NatWest Bank where he was selected to join their highly-acclaimed Graduate Management Development Programme. He also went on to achieve the MCIM and MDIM qualifications. Whilst in the UK both Prem and his wife (Minal Patel) established a family owned marketing/market research consultancy business. As Director his main responsibility was business development and business strategy, advisory and consultation. He is recognised as a thought leader in Cards Marketing and Product Development, the luxury brand space and a specialist in business & marketing strategy, business development, affinity/partnership marketing, brand development, marketing communications, new product development & product management, consumer loyalty programs, card payments and retail banking. He has over 16 years of multinational experience primarily gained in the Financial Services arena.
    ...
    Left to right: Nader Al Ghanem, Al Bilad Press; Premal Patel, Director, MTI Middle East; Abbas Salman, Alwasat News
    ...
    According to MTI's regional director, and head of the Bahrain chapter, Premal Patel, the region stands as one of the top five performers of the global remittance industry which is pegged at US$550 billion in 2008.

    Patel said that a 63 percent increase has been witnessed since 2003.

    "Remittance flow from GCC countries alone accounted for 35.6% of total remittance flow to developing countries in 2008, with more than 63 percent and 52 percent respectively going to Bangladesh and Pakistan*," he said.

    Citing a recent World Bank report, he shared that remittance flows to developing countries reached $283 billion in 2008. "However, the actual market size is estimated to be more than double of the official figure," said Patel.

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    www.albawaba.com/en/countries/Bahrain/245203 - [Cached Version]
    Published on: 5/5/2009    Last Visited: 5/9/2009  

    According to MTI's regional director and head of the MTI Gulf chapter, Premal Patel, Director, Money Transfer International, Middle East, the region stands as one of the top five performers of the global remittance industry which was pegged at US$550 billion in 2008.

    Patel said that a 63 percent increase has been witnessed since 2003.

    "Remittance flow from GCC countries alone accounted for 35.6 percent of total remittance flow to developing countries in 2008, with more than 63 percent and 52 percent respectively going to Bangladesh and Pakistan*," he said.

    Citing a recent World Bank report, he shared that remittance flows to developing countries reached $283 billion in 2008. "However, the actual market size is estimated to be more than double of the official figure," said Patel.
    ...
    "It is with this strong and effective Board, representing the interests of the remittances and payments sector, that gives us the confidence to create MTI Middle East, with Premal Patel as its Director.

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    uat2.hayevents.hbpl.co.uk/conferenceContactUs/258/pr-gl - [Cached Version]
    Published on: 6/6/2008    Last Visited: 6/6/2008  

    Premal Patel Senior Director - Marketing American Express (Middle East)

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    www.albawaba.com/en/countries/Bahrain/213652 - [Cached Version]
    Published on: 6/5/2007    Last Visited: 6/6/2007  

    Premal Patel, Marketing Director of American Express Middle East & North Africa Region, congratulated the winners and said, "We continue to focus on adding value to our Cardmembers for every purchase, anytime, anywhere, whether shopping at home or during travel.

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    www.menareport.com/en/business,/247102 - [Cached Version]
    Published on: 2/6/2009    Last Visited: 6/8/2009  

    Premal Patel, MTI's regional director said: "The GCC region is one of the top five performers of the global remittance industry which is pegged at US$550 billion in 2008."

    He said that according to recent estimates from the IMF (International Monetary Fund) the remittance volume in UAE is expected to lead the increase, and will be up by five per cent this year.
    ...
    "MTI's Middle East chapter is geared to facilitate and safeguard the interests of the industry as a whole, be it the consumer, service providers and partners," concluded Patel.

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    sample-job.yteva.fdns.net/2009/02/meridan-system-manage - [Cached Version]
    Last Visited: 3/9/2009  

    Le Meridien And Visa Partner To Stimulate Online Booking and Visa International, the world's leading payment system Premal Patel, regional marketing manager for Visa, added Ein Editing-System mit Liquid- und Media-Composer-Software ist als General Manager für das Broadcast-Geschäft von Aurus-Pult von Stagetec und vier Avid-Systemen (Meridien- und.

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    uat2.hayevents.hbpl.co.uk/conferenceProgramme/258/pr-gl - [Cached Version]
    Published on: 6/6/2008    Last Visited: 6/6/2008  

    Premal Patel, Senior Director - Marketing
    ...
    Premal Patel, Senior Director - Marketing
    ...
    Premal Patel Senior Director - Marketing American Express (Middle East)

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    www.haymarketevents.com/conferenceProgramme/297/unlocki - [Cached Version]
    Last Visited: 12/20/2008  

    Premal Patel, Senior Director , Marketing
    ...
    Premal Patel Senior Director - Marketing American Express (Middle East)

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    www.dutyfreemagazine.ca/Gulfenews/gulfenews_dec1405/gul - [Cached Version]
    Published on: 12/14/2005    Last Visited: 4/8/2007  

    Premal Patel, Marketing Director for American Express Middle East

    "In terms of U.K. airports looking like the High Street, it has gone too far.

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    www.tradearabia.com/news/BANK_167513.html - [Cached Version]
    Published on: 9/20/2009    Last Visited: 9/20/2009  

    AFS is a formidable, leading third party processing organization which has grown from strength to strength to ensure clients receive a very cost-effective and robust outsourced card issuing service, said Premal Patel, executive director of Veritas Investments, the organisers.

    'The AFS address on the benefits of outsourcing will be one to watch out for during the Forum, ' he noted.

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