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28/01/2018 10:14 AST
Commercial Bank of Dubai announced the appointment of Khaled Rasheed Al Hammadi as its new Head of Sales and Distribution. The appointment is in line with the Bank's Emiratisation strategy.
Al Hamadi has more than 20 years of experience in the financial industry. In his new position, he will be responsible for the sales and service performance of the Bank's branches network and its day-to-day operation. Before joining CBD Al Hammadi was the Head of Distribution for Dubai and Northern Emirates in the Personal Banking Group of First Abu Dhabi Bank (FAB). Previously he spend over 17 years with HSBC and served as Deputy Head of Branches in Retail Banking and Regional Head of Amanah. Khaled received his Bachelor of Science degree from Virginia Commonwealth University in the US.
"We are delighted to welcome Khaled to Commercial Bank of Dubai and wish him success in his new role," said Bernd van Linder, the bank's CEO. "With his vast experience and fresh ideas, I am confident in his ability to play an important role in realising our growth plans and to lead our continued efforts to enrich our customers' experience."
Currently, CBD boasts an Emiratisation ratio of 41 per cent.
Gulf News
09/02/2018
Commercial Bank of Dubai (CBD) has reported a 9.4 per cent increase in operating profit of Dh1,742 million ($474 million) for 2017,a media report said.
Figures showed that operating income
Trade Arabia
19/10/2017
Commercial Bank of Dubai (CBD) reported a nine-month net profit of Dh665 million, 5.2 per cent lower compared to Dh701 million for the same period last year. The bank attributed the decline in net p
Gulfnews
08/10/2017
In his previous role, Kumar was the Chief Operating Officer at Qatar Islamic Bank in Doha. With over 25 years banking experience, he spearheaded transformational projects at several MENA-based banks,
CPI Financial
| Ticker | Price | Change |
|---|---|---|
| IHC | 401.50 | 0.00 (0.00 |
| FAB | 14.48 | -0.06 (-0.42 |
| EMIRATESNBD | 20.80 | 0.15 (0.72 |
| ADCB | 11.86 | 0.16 (1.36 |
| ADIB | 16.12 | 0.06 (0.37 |
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
Financial Information Co.
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