Abu Dhabi Islamic Bank (Adib) Appoints Mohamed Abdelbary As Acting Group CEO

Mar 05, 2024•over 1 year ago

Position

Chief Executive Officer

Company

Abu Dhabi Islamic Bank (ADIB)

Mohamed Abdelbary

Abu DhabiFinanceBankingLendingFinancial Services

Description

Abu Dhabi Islamic Bank (ADIB) announced the appointment of Mr. Mohamed Abdelbary as the acting Group CEO, succeeding Mr. Nasser Al Awadhi, effective March 5th, 2024

Company Information

Company

Abu Dhabi Islamic Bank (ADIB)

Location

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

About

Abu Dhabi Islamic Bank (ADIB) is a leading Islamic financial institution that provides a comprehensive range of banking services to more than 1,200,000 customers. Established in 1997, ADIB has demonstrated remarkable growth over the past decade, with total assets reaching AED 193 billion. The bank is committed to sustainable development and a customer-centric approach, evident through its extensive network of branches, ATMs, and advanced digital banking infrastructure.

Executive Insights

Based on hiring data

New executive impact window

87% of new executives make significant technology decisions within first 100 days

Budget influence

C-level executives control 73% of technology spending decisions

Transformation catalyst

65% of new senior hires launch digital transformation initiatives

Vendor review timeline

New executives typically review existing vendors within 6 months

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