Y. Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange gets the NRI of the Year Award

•Award won in Professional category of the first edition of the awards instituted by ICICI Bank, Times Now and EY

•Award ceremony on 24th March, 2014 in Mumbai, India




Mr. Y. Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange receiving the NRI of the Year Award.

Mr. Y. Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange, has been chosen for the NRI of the Year Award in the Professional category. The award is in honour of those individuals, who have achieved high level of success in leading an organisation as an employee. This is the first ever edition of these awards instituted together by ICICI Bank - India’s largest private sector bank and Times Now – India’s No.1 English news channel from Times Group. The award ceremony was held in Mumbai, India, on 24th March, 2014.

“I feel extremely honoured.” beamed Mr. Y. Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange. “I am thankful to the jury, who considered me worthy of qualifying for the award and I am grateful to each one, who voted for me online.”

Mr. Y. Sudhir Shetty, a Chartered Accountant and a Law Graduate, has been heading UAE Exchange, the leading global remittance and Foreign Exchange brand, as its COO – Global Operations, since 1991. From an organisation with four branches in the UAE, Mr. Sudhir Shetty has led the entity to emerge into a global player with over 700 branches in 31 countries, the largest networked brand in its class. Today, UAE Exchange serves over 6.5 million expatriate customers, worldwide, handling 6% of the total global remittances. Along side, Mr. Sudhir has been instrumental in building strong bonds with the various expatriate communities, including a large percentage of Indians, who trust the brand for its quality services and professional customer care.

“Heading UAE Exchange has been an exciting journey of self discovery for me. The freedom and trust bestowed on me by its founders has empowered me to do a responsible job. Added to it, the efficient team of professionals, working with me, made the challenging role, easier. I am extremely thankful for all of that. This recognition has filled pride in me as an Indian. I feel it is an apt ode to the NRIs, whose contributions have mostly gone unnoticed.” Mr. Sudhir Shetty added.

Considered an authority in the financial realm, especially in remittance and foreign exchange, Mr. Sudhir Shetty is the voice, the industry and the Media turn to. An alumnus of the Harvard Business School, Mr. Sudhir Shetty has been instrumental in streamlining the remittance and foreign exchange segment in the UAE, in particular. He is one of the founding members of Foreign Exchange and Remittance Group (FERG), UAE.  His command over a range of subjects and exceptional oratory skills have made him a much-sought-after speaker in various seminars, events, educational institutions, worldwide.

Meanwhile Mr. Sudhir Shetty was also bestowed with the Eminent Aloysian Alumni Award by his alma mater St. Aloysious College in Mangalore on 22nd March, 2014. Mr. Sudhir thanked the institution for instilling strong values, which helped him in building a successful career on a global canvas.

These new feathers add more colour to his rich cap, which adorns awards like Global Personality Award, Mayura Award, Akshaya Global Award, Vishwamaanya Award and many more at an individual level. He has also driven the culture of excellence in UAE Exchange, which won several coveted awards under his leadership.