President Sheikh Khalifa bin Zayed al-Nahyan, who is also the ruler of Abu Dhabi, issued a decree appointing Eissa al-Suwaidi as chairman to replace Mohammad Omran, plus six new government representatives to the board of directors.
In their new roles, which are subject to the usual regulatory approvals, Bob and Diego will partner closely together to drive the growth of the bank’s corporate and investment banking franchise.
THE former head of Absa ’s Islamic banking unit, Amman Muhammad, has joined rival First National Bank (FNB) and has pledged to make it dominant in Islamic banking in SA.
Since the beginning of 2012, DME has welcomed new members and shown a significant increase in volumes. Q1 2012 volumes were 57% ahead of Q1 2011 and April saw a raft of impressive figures being recorded by the Exchange.
ABN AMRO also announced that in recognition of the increasing business and operational synergies between Asia and the Middle East, the Bank has aligned its activities in the Middle East – particularly its Dubai operations – more closely with i
Al Jazeera Finance, which is 30% owned by Qatar Islamic Bank, has appointed Amer Mohamed al-Jabri as its chief executive officer.
Ahmad Bin Byat, Chief Executive Officer of Dubai Holding, said, "We recognise the significance of strong corporate governance especially in large diversified operations such as ours.
Kalpesh Mehta, Director, NJ Global Invest said: "DIFC was an obvious choice for us when we decided to start an office in Dubai. It provides the gateway to the entire Middle East and will help us expand rapidly in this ever growing region.
Schubert is a chartered director of the Institute of Directors (IOD) in the UK and serves as a non-executive director on multiple boards throughout Europe and the Middle East. Previously, Schubert was the CEO of the Dubai International Financial Exchange.
The discussions tackled various issues related to sustainability, including the emergence of low carbon economies that are becoming a major change driver across national economies and industry sectors.