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Zead Khalaf

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Zead Khalaf
BornApril 4, 1980
NationalityIraqi
Occupation(s)Banker, Entrepreneur
Organization(s)International Development Bank, ZK Holding
TitleChairman of the Board of Directors Of International Development Bank, Chairman of ZK Holding

Zead Khalaf (born April 4, 1980) is an Iraqi banker and entrepreneur. He serves as the Chairman of the International Development Bank one of Iraq's largest private banks[1] and Chairman of ZK Holding, an Abu Dhabi-based conglomerate with diverse investments working in the development of investments and trade between the UAE and Iraq.[2][3][4]

Dr. Zead Khalaf holds key positions in several key organizations. He sits on the Board of Directors of the Union of Arab Banks, representing the Iraqi banking sector at the pan-Arab level, and on the Board of the International Chamber of Commerce – UAE.[5][6]

Biography

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Zead Khalaf was born on April 4, 1980, into the Khalaf Abed family, which was active in the contracting field. He holds a bachelor's degree in civil engineering from the University of Technology in Baghdad. He has also received an honorary doctorate in financial sciences from International Colleges in London.

Career

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In 2011, Zead Khalaf co-founded the International Development Bank (IDB).[7] He formally assumed the position of chairman of the Board of IDB in 2015.[8][9][10] Dr. Zead Khalaf’ managed to develop the IDB into a top-tier private bank in Iraq. He oversaw the bank's strategic expansion beyond Iraq's borders,[11] establishing a presence in the United Arab Emirates.[12][13][14][15] In 2024, IDB entered a joint venture with global logistics leader Aramex to enhance logistics and shipping services in Iraq – a partnership that uses IDB's extensive local network of over 7,000 service points.[16]

As Chairman of ZK Holding, he oversees a portfolio of diverse companies operating in finance, insurance, technology, energy, industry, real estate, and e-payments.[17]

In May 2019, he was elected as a board member of the Union of Arab Banks, which unites financial institutions across 22 Arab countries. In this capacity, he represents Iraqi private banks and contributes to setting pan-Arab banking strategies.[18] He has been instrumental in UAB's initiatives to improve compliance, financial inclusion, and inter-bank cooperation in the Arab region. He is also at the Board of Directors of the International Chamber of Commerce in the UAE.[19][20]

Recognitions

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Zead Khalaf was honored by the United Nations for supporting innovations that enhance sustainable development in the Arab region.[21][22][23] Zead Khalaf was awarded as the most distinguished banking businessman in the world of finance and business.[24]

Memberships

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In 2024, Zead Khalaf was awarded the First-class Arab Tourism Medal by the Executive Council of the Arab Tourism Organization.[25][26][27][28]

Zead Khalaf is also a member of the Board of Directors of the Union of Arab Banks,[29] the International Union of Arab Bankers, the Board of Directors of the International Chamber of Commerce in the UAE, and the Board of Trustees of the Arab Academy for Administrative, Financial, and Banking Sciences.[30][31][32]

References

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  1. ^ "Iraq's largest private bank seeks to boost UAE business". Khaleej Times. Retrieved 2025-04-30.
  2. ^ Media Office, Government of Dubai. "IDB joins DLD's list of accredited banks". www.mediaoffice.ae (in Arabic). Government Of Dubai. Archived from the original on 11 December 2024. Retrieved 1 May 2025.
  3. ^ "د. زياد خلف عبد: دعم الابتكارات يعزز التنمية المستدامة بالمنطقة العربية". صحيفة الخليج (in Arabic). Retrieved 2025-04-30.
  4. ^ Release, Press. "IDB achieves remarkable Emiratization with 30% Emirati workforce within less than a year of UAE branch operations". www.zawya.com. Retrieved 2025-04-30.
  5. ^ "Board of Directors – Union of Arab Banks". Retrieved 2025-04-30.
  6. ^ "Member Details – ICC UAE". Retrieved 2025-04-30.
  7. ^ News Channel, Al Arabiya. "IDB manages about 8% of trade exchange between Iraq and UAE". www.alarabiya.net (in Arabic). Al Arabiya News. Archived from the original on 28 September 2023. Retrieved 1 May 2025.
  8. ^ "Dr. Zead Khalaf Abed, the International Development Bank in Iraq and the United Arab Emirates, was honoured with the "Investments that Contributed to Creating Job Opportunities in the United Arab Emirates" award". IBBC. Retrieved 2025-04-30.
  9. ^ Leaders, TBD Media | 50 MENA (2022-07-05). "Restoring trust in the Iraqi banking sector". Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinema. Retrieved 2025-04-30.{{cite web}}: CS1 maint: numeric names: authors list (link)
  10. ^ "صحيفة الاقتصاد الإلكترونية | زياد خلف: الإمارات محطة مهمة لكبار رجال الأعمال (الامارات) (الاقتصاد)". موقع نبض. Retrieved 2025-04-30.
  11. ^ WAM, Emirates News Agency. ""الاتحاد لائتمان الصادرات" و"مصرف التنمية الدولي" يبرمان اتفاقية تعاون دعما لمبادرة "تسريع الصادرات"". www.wam.ae (in Arabic). WAM. Archived from the original on 31 July 2024. Retrieved 1 May 2025.
  12. ^ Land Department, Dubai. "International Development Bank Officially Joins the authorised Banks by Dubai Land Department as an Escrow Account Trustee". www.dubailand.gov.ae (in Arabic). Dubai Land Department. Archived from the original on 11 December 2024. Retrieved 1 May 2025.
  13. ^ "تكريم مصرف التنمية خلال «AIM للاستثمار»". صحيفة الخليج (in Arabic). Retrieved 2025-04-30.
  14. ^ "الدكتور زياد خلف ورحلة التحول إلى العالمية.. التحديات تصنع الرؤية والفرص تصنع المستقبل - أريبيان بزنس". arabic.arabianbusiness.com (in Arabic). 2025-04-03. Retrieved 2025-04-30.
  15. ^ "ECI and IDB Sign Agreement to Support Xport Xponential". www.eci.gov.ae. Retrieved 2025-04-30.
  16. ^ Staff Writer (2024-10-18). "Aramex to expand footprint in Iraq with new ZK Holding JV - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More". www.arabianbusiness.com. Retrieved 2025-04-30.
  17. ^ "Home". ZK HOLDING. Retrieved 2025-04-30.
  18. ^ "PRESSR: Aramex and ZK Holding joint venture to boost logistics and shipping services in Iraq". Sahm. Retrieved 2025-04-09.
  19. ^ Report, Gulf News (2024-08-02). "Etihad Credit Insurance and International Development Bank of Iraq join hands for Xport Xponential initiative". Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinema. Retrieved 2025-04-30.
  20. ^ Release, Press. "Etihad Credit Insurance announces the joining of Reem Finance to Xport Xponential program partners". www.zawya.com. Retrieved 2025-04-30.
  21. ^ Advertorial. "Chairman of International Development Bank honoured by United Nations". The National. Retrieved 2025-04-30.
  22. ^ admin (2023-08-05). "زياد خلف.. يُمنح جائزة رجل الأعمال المصرفي الأكثر تميزاً". وركاء نيوز الإخبارية (in Arabic). Retrieved 2025-04-30.
  23. ^ "Union of Arab Banks Announces Honoring Dr. Ziad Khalaf Abd at UN Geneva Conference". Yahoo. July 4, 2024. Retrieved 2025-04-30.
  24. ^ Arabic News, WRKAAN. "Most outstanding banking businessman award". www.wrkaanews.com (in Arabic). WRKAANNEWS. Archived from the original on 5 August 2023. Retrieved 2 May 2025.
  25. ^ "The International Development Bank (IDB) signs a Memorandum of Understanding with the Arab Tourism Organization with Prime Minister Sudani's support". IBBC. Retrieved 2025-04-30.
  26. ^ "Iraq's Int'l Development Bank signs Agreement on Tourism | Iraq Business News". 2023-09-12. Retrieved 2025-04-30.
  27. ^ Report, Gulf News (2022-11-09). "AD Ports Group, Iraq's IDB sign agreement for port and logistics development". Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinema. Retrieved 2025-04-30.
  28. ^ Staff Writer (2022-11-10). "AD Ports, International Development Bank sign pact to explore opportunities for ports and logistics projects in Iraq - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More". www.arabianbusiness.com. Retrieved 2025-04-30.
  29. ^ Economy, Leb. "Vice president of the Union of Arab Banks". www.lebeconomy.com (in Arabic). Lebeconomy. Archived from the original on 30 April 2025. Retrieved 2 May 2025.
  30. ^ "Xport Xponential | Iraq Business News". Retrieved 2025-04-30.
  31. ^ Advertorial. "Chairman of International Development Bank honoured by United Nations". The National. Retrieved 2025-04-30.
  32. ^ "المنظمة العربية للسياحة تمنح الدكتور زياد خلف وسام السياحة العربية من الدرجة الأولى". مجلة أرابيان (in Arabic). Retrieved 2025-04-30.
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