Leading Dubai law firm The Legal Group appoints new head of Banking & Finance

17 Oct, 2012

TLG The Legal Group, one of the leading law firms in the UAE, has announced the appointment of Makhbub Radzhabboev as Head of Banking & Finance.

He joins the firm from the World Bank where he was the senior consultant in the Private and Financial Sector Development team, advising the Government of Tajikistan on drafting and implementing new legislation on Banking and Insolvency regimes. He also advised on improving the business environment in Tajikistan and particularly, its indicators under the World Bank’s “Doing Business” Reports.

Makhbub was previously at the leading Central Asian law firm GRATA where he managed the Tajikistan office and was the EBRD Consultant at Agroinvestbank. He has a background in Tajik, Russian and International Business Law with significant experience in advising on cross border banking and finance transactions and international arbitration and litigation.  

Makhbub’s focus at TLG will not only be on advising financial institutions but also on providing clients with access to leading international banking expertise to improve all areas of corporate activity including Corporate Governance, Internal Audit and Compliance, Risk and Credit Management, Loan Workout and Recovery and Asset and Liabilities.

Commenting on Makhbub’s appointment, TLG managing partner Fareya Azfar said: “We are delighted that Makhbub has joined us to head up TLG’s Banking & Finance team. His extensive international banking experience at both the World Bank and Agroinvestbank will be invaluable to our financial and corporate clients and his Russian and Central Asian legal expertise will assist Middle East clients doing business across the region as well as inward investment into the Gulf from Russia and the CIS states.”


Makhbub Radzhabboev added: “I am delighted to be joining TLG as it builds its presence and reputation in the UAE’s banking & finance markets. My experience, both in house at international lenders and in private practice in London as well as in emerging markets such as Russia, Kazakhstan, Tajikistan and others, will have a significant impact on the international legal and financial expertise available to our clients.” 

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