Abu Dhabi: A full-fledged Islamic financial service provider, Abu Dhabi Islamic Bank (ADIB) will have a new Group Chief Executive Officer in Mr. Nasser Abdulla Al Awadhi from January 9th 2022, subject to UAE Central Bank (CBUAE) approvals.
An industry veteran with more than 33 years of experience in banking, Mr. Nasser has held numerous senior strategic, commercial and leadership roles over the years, including several critical board membership positions at leading national institutions.
Considered as a leading practitioner in Islamic finance, Mr. Nasser will be joining ADIB from Dubai Islamic Bank where he served as the Group Chief of Consumer Banking, since March 2018.
Mr. Nasser has also served Dubai Islamic Bank as its Head of Strategic Relationships from 2014 to 2018 following his role as a Head of Business Development at Tamweel Company from 2011 to 2014.
The Board are pleased to have appointed Nasser Al Awadhi as Group CEO. Nasser was our standout choice and brings a wealth of leadership experience in both Islamic finance and banking. He will now lead ADIB through our next stage of expansion under our 2025 growth strategy.
H.E. Jawaan Awaidha Suhail Al Khaili, ADIB’s Chairman, commented on the new appointment.
The ADIB Chairman further added that ‘I would also like to take this opportunity to thank the leadership team for playing a central role in leading ADIB over the last two years. During that time and despite the pandemic, the bank has grown significantly, now serving over one million customers, delivering sustained profitability, and putting in place a world-class digital
infrastructure.’
Meanwhile, sharing his excitement about the newly assigned responsibility, Mr. Nasser Abdulla Al Awadhi, remarked that “It is a great privilege to be joining ADIB at a time when the bank is achieving strong momentum, and as its sets out to deliver its 2025 growth strategy. I wholeheartedly share ADIB’s vision to become the world’s most innovative Islamic bank combining the very best digital services with innovative Islamic products. I look forward to working with the bank’s team to take advantage of all available opportunities in the market and contribute to ADIB by providing the best possible value to our valued shareholders. “
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