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Time-defying ties that bind: Meet Punit Vasu of Indian High School and family in the UAE
Gulf News
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2/13/2025
Mahendra and son Punit discuss why they always wanted to be a part of the UAE growth story
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00:00
You'll have different kinds of people who will try different kinds of ways to influence
00:04
your decisions.
00:05
But honesty, integrity, your value system needs to be very strong.
00:12
I came to Dubai in 1963, March, from Bahrain.
00:17
I joined the bank called National Bank of Dubai, which is called now Emirates NBD.
00:24
I worked there for six years, and then I shifted to Commercial Bank of Dubai.
00:28
It started in 1969, October.
00:32
I joined the bank in 1969, July.
00:34
There were 20 staff with the bank, we started.
00:38
I was one of them.
00:39
Then in 1975, I was sent to Athens, Greece, for some training course.
00:43
I was there for nine months, did the course, banking course, came back.
00:48
And I worked for the bank from 1969 to 2011, 42 years.
00:53
I really enjoyed working with the bank.
00:57
And I joined as a senior clerk, and when I retired, I was a senior manager, marketing
01:03
and credit.
01:04
Still, I enjoy my good rapport with the staff, of course, not changed, so all plans.
01:10
And I keep in touch with them, and really enjoy.
01:13
I love Dubai.
01:14
It's our home.
01:15
My children, my grandchildren are born here.
01:17
Dubai has given us a wonderful platform.
01:20
We wouldn't be what we are today, if it wasn't for the wonderful platform, the bedrock,
01:25
that the royal family, the Mathoom family has set up.
01:29
I think we all owe it a lot to the late His Highness Sheikh Rashid bin Saeed Al Mathoom.
01:35
He was wonderful towards the Indian expatriate community.
01:38
He was responsible for giving land for the temple.
01:41
He also gave us the land for the Indian High School, which is now celebrating 60 years.
01:47
It's a school that I work very closely with currently.
01:51
So again, the UAE and the rulers have been very benevolent, have done so much for all
01:57
of us.
01:59
And like my father rightly said, this is home away from home.
02:02
This is a very interesting story when both my, you know, when my sisters and I were growing
02:06
up and lived in a very modest house in Burdwai.
02:10
And my father being a banker, once he came home with a very small gift that was given
02:14
to my client.
02:16
And you know, I was a slightly naughty one in the family, so I would get to open the
02:20
gifts.
02:21
So when I opened the gift, I saw it was something insignificant and I threw it on the ground.
02:28
So my father came into the room and he said, what is it?
02:31
And I said, I don't know.
02:32
And actually it was a key to a car, right, which he was given as a gift by somebody.
02:39
So he said, put that back in the box.
02:42
And I said, why?
02:43
He said, I don't know.
02:44
We got to give it back to the person who gave it to us.
02:47
So then he put it back and then he went and he returned it.
02:53
And then he came back with another box, another gift, right, that was given.
02:59
And again, I opened it and again it says it's insignificant.
03:04
And it was a necklace that the same person had given.
03:07
And again, his view was, look, it's not right to accept such gifts.
03:11
We got to do our duty.
03:12
So again, he put it back in.
03:13
Again, he drove back to the gentleman.
03:16
The third time he came back home, I again opened the gift, it was a packet of coasters.
03:19
You know, in those days, you give the coasters.
03:21
And he said, yeah, this we can keep.
03:23
So that's something I learned from my father from a very young age in terms of honesty
03:26
and integrity, that you'll have different kinds of people who would try different kinds
03:31
of ways to influence your decisions.
03:35
But honesty, integrity, your value system needs to be very strong.
03:38
So I think that's had a huge impact on my sisters and I.
03:43
And that's something which we embody and we take forward.
03:46
And hopefully we will be passing that on to the next generation.
03:49
Like you're aware, now he has his grandkids, so we are the fourth generation in the UAE.
03:54
And hopefully we'll be able to pass on these values, which my father so wonderfully personifies.
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