First Abu Dhabi Bank announces senior leadership changes

• Fadel Al Ali appointed Deputy CEO and Group Head of Corporate & Investment Banking
• Hana Al Rostamani appointed Deputy CEO in addition to current role as Group Head of Personal Banking

Abu Dhabi, 24 March 2020: First Abu Dhabi Bank (FAB) has made a series of senior leadership appointments to drive its next phase of growth and transformation.

Fadel Al Ali is appointed Deputy CEO and Group Head of Corporate and Investment Banking (CIB). Mr. Al Ali was formerly Group Customer Experience and Digital Officer, where he accelerated the bank’s digital transformation over the last three years. He replaces former CIB Head, André Sayegh, who was recently appointed as FAB’s new Group Chief Executive Officer. Prior to joining FAB, Fadel was CEO of Dubai Holding and held senior positions within Citibank.

Hana Al Rostamani has been appointed Deputy CEO in addition to her current responsibilities as Group Head of Personal Banking. Mrs. Al Rostamani will also take on responsibility for the customer experience and marketing function across the bank, and for growing the Islamic banking franchise.

André Sayegh, Group Chief Executive Officer of First Abu Dhabi Bank (FAB), said: “FAB’s senior leadership team is evolving to meet the needs of today and tomorrow. Each appointment will help us to achieve specific objectives, with the appointment of Fadel and Hana as Deputy CEOs supporting the growth of our market-leading corporate and retail banking franchises. The simplified structure creates enhanced synergies, allows for faster decision-making and supports our drive towards new levels of agility, efficiency and innovation to fit an ever-evolving landscape.” These appointments will be effective 1 April 2020 and subject to regulatory approval.

Copyright Press Releases 2020