Bank Al Etihad Jordan Appoints Muntaser Abudawwas CEO to Succeed Nadia Al Saeed

Bank al Etihad in Jordan disclosed on 15 July 2025 that it has appointed Muntaser Izzat Ahmad Abudawwas as Chief Executive Officer. He succeeds Nadia Al Saeed, who resigned as CEO and will continue in her duties until the bank's merger with INVESTBANK is completed.

ABUDAWWAS'S BACKGROUND

Abudawwas has led INVESTBANK as chief executive since 2011. His appointment was first flagged on 15 May 2025, when Bank al Etihad and INVESTBANK announced Jordan's largest banking merger and said he would become CEO, subject to Central Bank of Jordan approval.

AL SAEED'S DEPARTURE

Nadia Al Saeed's resignation will conclude her tenure at the head of the institution once the INVESTBANK merger is completed. The leadership change forms part of the arrangements agreed for Bank al Etihad's acquisition of INVESTBANK.