Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) has appointed Nasser Abdulla Al Awadhi as the new Group CEO following the approval of the Central Bank of the UAE (CBUAE).
Al Awadhi will assume his role as ADIB's CEO effective from 9 January 2022, according to a press release on Tuesday.
With more than 33 years of experience in Islamic finance and banking, Al Awadhi joins ADIB from Dubai Islamic Bank (DIB) where he occupied the position of the Group Chief of Consumer Banking since March 2018.
He was also the Head of Strategic Relationships at DIB from 2014 to 2018 and Head of Business Development at Tamweel Company from 2011 to 2014.
ADIB’s Chairman, Jawaan Awaidha Suhail Al Khaili, said: "Nasser was our standout choice and brings a wealth of leadership experience in both Islamic finance and banking. He will now lead ADIB through our next stage of expansion under our 2025 growth strategy."
Meanwhile, the newly appointed Group CEO, Al Awadhi, commented: "It is a great privilege to be joining ADIB at a time when the bank is achieving strong momentum, and as its sets out to deliver its 2025 growth strategy. I wholeheartedly share ADIB’s vision to become the world’s most innovative Islamic bank combining the very best digital services with innovative Islamic products."
