Abu Dhabi Commercial Bank Islamic Division has announced that Amr Saad Al Mehnali will be new head of Islamic Banking. Mr Mehnali is a UAE national who has been with ADCB since the year 2006.
During his time at ADCBADCBAbu Dhabi Commercial Bank Amr has played a significant role in the development of the Islamic Banking division. He was instrumental in the launch of ADCB Abu Dhabi Commercial Bank's Islamic Banking Business in 2008 and has been an acting member of the Steering Committee in monitoring the project since its inception.
As SVP and Head of Retail Credit, Amr oversaw the restructuring of Abu Dhabi Commercial Bank's entire credit division, most notably through the acquisition of the Royal Bank of Scotland's retail business in the UAE.
In addition to his business role, Amr is also a nominated board member by Abu Dhabi Commercial Bank for Abu Dhabi Finance (ADF) and Abu Dhabi Commercial Islamic Finance Company (ADCIF). He also represents bu Dhabi Commercial Bank in National Anti Money Laundering Committee of the Central Bank of UAE Ala'a Eraiqat, Chief Executive Officer and Board Member at Abu Dhabi Commercial Bank,said:
"It is with great pleasure that we appoint Amr to the position of Head of Islamic Banking for the Bank. He has done an exceptional job contributing to ADCBADCBAbu Dhabi Commercial Bank over the past five years and has shown a continuous ambition to help develop the products and services that we offer our clients. Amr is an advocate for prudent management to further the Bank's success in the UAE and we are proud of his accomplishments and confident that he will perform at thehighest level in his new role as Head of Islamic Banking."
Amr Saad Al Menhali, Head of Islamic Banking at Abu Dhabi Commercial Bank ,said: "I am delighted to be appointed to this new position and look forward to working with our expert team to enhance the benefits Islamic banking brings to our customers at Abu Dhabi CommercialBank. It is a very exciting time for Islamic Banking as investors look for stability across the region."
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