Abu Dhabi Islamic Bank has appointed Mohamed Abdelbary as Acting Group Chief Executive Officer, announced on 5 March 2024. Abdelbary steps into the role from his position as Group Chief Financial Officer, a post he has held since 2020.
BACKGROUND AND APPOINTMENT
Abdelbary joined ADIB in May 2020 as Group CFO from Standard Chartered Bank Middle East.
The appointment followed the resignation of Group CEO Nasser Al Awadhi for personal reasons, according to the bank. ADIB said Abdelbary, who has more than 27 years of banking experience including roles at Standard Chartered, Citibank and Barclays, had been instrumental in leading a significant improvement in the bank's financial position.
ADIB operates across retail, corporate, and investment banking segments.
ADIB is listed on the Abu Dhabi Securities Exchange.
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