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# Abu Dhabi Islamic Bank Formally Appoints Mohamed Abdelbary as Group CEO After Seven Months as Acting Chief
- URL: https://www.theglobalbanker.com/adib-formally-appoints-mohamed-abdelbary-group-ceo/
- Published: 2024-10-30T13:29:00.000Z
- Updated: 2026-10-02T14:38:37.000Z
- Description: ADIB confirmed Mohamed Abdelbary as Group CEO on 30 October 2024, formalising a role he had held in an acting capacity since March while the bank posted 33% growth in profit before tax.
- Author: TGB Editorial Team
- Tags: Executive Moves, MENA, #archive

Abu Dhabi Islamic Bank (ADIB) has formally appointed Mohamed Abdelbary as Group Chief Executive Officer with effect from 30 October 2024, the bank disclosed in a filing to the Abu Dhabi Securities Exchange. The confirmation ends a seven-month period during which Abdelbary had been serving in an acting capacity. 

Abdelbary assumed the Acting CEO role in March 2024\. The bank posted 33% growth in profit before tax in the nine months to September 2024\. 

#### FROM CFO TO CHIEF EXECUTIVE

Abdelbary joined ADIB in May 2020 as Group Chief Financial Officer. 

ADIB is an Islamic bank based in the United Arab Emirates, offering Sharia-compliant retail and corporate banking products.