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ADIH recognizes employees as it announces landmark profits and expansion plans
- United Arab Emirates: Tuesday, March 27 - 2007 at 09:37
- PRESS RELEASE
Abu Dhabi Investment House (ADIH) recognized the contribution its employees make to its continued success as it announced landmark net profits for 2006, just 15 months after the leading regional financial institution officially opened its doors to business.
Mr. Rashad Janahi, Chief Executive Officer, ADIH honoured ADIH employees at the event, "On behalf of the Chairman and Board of ADIH, I would like to express our gratitude to the employees of ADIH for their hard work and commitment, which has seen ADIH record profit of AED 150 million. As a newly established financial institution our young ambitious and energetic staff have brought innovation and dynamism to our enterprise. Working alongside the senior management team, who bring a wealth of experience and confidence to ADIH, we have created a great place to work and this is reflected in our robust financial results."
ADIH has a number of projects scheduled for 2007 including opening representative offices in both Geneva and Bahrain as it expands its regional network. ADIH has its corporate headquarters in Abu Dhabi.
ADIH also plan a new and exciting investment project in Abu Dhabi and the first bank in the Middle East, to be known as Masrafy, to target high net worth women in Bahrain.
Mr. Rashad Janahi continued, "I want to pay particular tribute to the Investment Placement Team, often the backbone of ADIH, for their hard work, sacrifice, commitment and drive all of which have contributed significantly to ADIH success. ADIH goes from strength to strength and our new offices in Geneva and Bahrain are testament to our continued growth."
Mohammed Darwish, Public Relations, ADIH added, "The staff at ADIH would like to thank Mr. Rashad for his support and for fostering a working environment which is dynamic and intelligent giving employees the best of opportunities for example with continuous training for staff through a variety of tailored training courses. Many of us have come to look at ADIH as a second home and a second family. We look forward to another great year and relish the challenges ahead."
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Notes and media contacts
For more information contact:Vicki Morley, Senior Account Manager
GolinHarris
Capricorn Tower
7th Floor
Sheikh Zayed Road
P.O.Box 116462 Dubai, UAE
Mob: +971.50.455 7149
Tel: +971.4.332 3308 ext: 152,
Fax: +971.4.331 6733
Mohammed Darwish, Public Relations, CCD
Abu Dhabi Investment House
Mob: +973 39333903
Tel : +973 17 546262
Fax : +973 17 540808
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