In his opening comments, Henning notes that the similarities between the recent market conditions witnessed during the Covid-19 pandemic and those seen in the financial crises of the past are difficult to ignore
Along with his new responsibilities as Head of Corporate Finance, AME, Abbas’ will also expand his role as Head of Project & Export Finance
He brings deep experience of the banking industry, including running global products that support both Bank of Singapore’s private banking and OCBC’s retail clients, corporate strategy and business transformation.
ADIB recently reported a 55% drop in first-quarter net profit, as credit provisions and impairment charges more than doubled, citing the challenging operating environment due to the coronavirus pandemic.
Sandeep Chouhan, ADIB's current group chief operating officer, will oversee the bank until a permanent replacement is found
Since then, Alaa managed various teams across renowned brands such as Danube Properties, Sharjah Oasis Real Estate Development and Tilal Properties
In his new role, Kajiji will be responsible for driving Mashreq Gold’s value proposition, overall financial performance and further enhancing customer experience and service quality.