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National Bonds brings high flying UAE talent on board
- United Arab Emirates: Wednesday, May 30 - 2007 at 10:08
- PRESS RELEASE
Mohamed Qasim Al Ali, formerly Vice President at DNATA, joins National Bonds Corporation in the new position of Deputy CEO.
Al Ali who has been a member of the senior management team of Emirates group brings to his new post a wealth of experience in sales & marketing strategies, revenue optimization, customer relations and brand building.
A graduate in Aviation Management from the Florida Institute of Technology in the United States, Al Ali started his career with Emirates Airlines in 1989 as an Area Manager Overseas, and in 1995 was named as Emirates General Manager for UK& Ireland. He later moved to Dnata, the sister company of Emirates, where he subsequently became Vice President charged with various responsibilities including customer service and operations.
A visionary who thrives on challenges, Al Ali is known for his ability to provide strategic direction and encourage innovation thinking. He believes strongly that if a corporation is to maximize its results, it must empower its people and channel their creativity.
"National Bonds Corporation is moving to the next phase of our ambitious growth plans, in which we will build on our current success, form fruitful alliances and launch new initiatives. We are delighted to welcome Mohamed Qasim Al Ali on board to help us in these tasks. With his proven track record in ensuring customer satisfaction, achieving targets and in forging successful partnerships, Al Ali will be able to provide strategic guidance and direction to our development plans and initiatives," said Nasser Bin Hassan Al-Shaikh, Vice Chairman & CEO of National Bonds Corporation.
Al Ali, who believes that "ideas are useless unless they contribute to positive change" navigated various divisions of Emirates group through remarkable turnarounds and innovative business strategies.
"It's exciting as well as challenging to be part of the leadership team of a growing organization like National Bonds Corporation. Every initiative from National Bonds Corporation is keenly watched and expectations are running high after the Company's impressive start. I am proud to be part of this organization at such a crucial time and look forward to playing a part in sustaining the momentum of the Company's growth and expansion," said Al Ali.
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For further information, please contact:Lina Anani/ Sami Al Shorafa
ASDA'A Public Relations Tel: +971-4-3344550,
Fax: +971-4-3344556
About National Bonds
National Bonds is the National Saving Scheme of the UAE that provides UAE nationals, UAE residents and non-residents over the age of 16 with a credible, safe and Shari'a-compliant savings opportunity. Minors can also own National Bonds, provided the bonds are purchased by the parent/guardian. Each bond costs AED 10, with a minimum purchase of AED 100; bonds are available in over 200 outlets across the UAE. National Bonds offers all participants the opportunity to win up to one million Dirhams in monthly draws. The programme is based on the Islamic principle of Mudaraba, whereby at the end of the financial year 20 per cent of the profits made by the National Bonds Corporation (NBC) will be distributed among bondholders.
About National Bonds Corporation
A private shareholding company, National Bonds Corporation is a Dubai-based entity with local shareholders comprising Dubai Bank, Dubai Holding and Emaar Properties. Overseen by the UAE Central Bank, National Bonds Corporation is subject to the same regulatory procedures as those applicable to other financial institutions in the country. Licensed to operate throughout the UAE, National Bonds Corporation is Shari'a compliant, with a dedicated Shari'a Board to oversee all financial aspects including product-related operations and investments. The Shari'a Board is chaired by Dr. Hussain Hamid Hassan, a leading Shari'a scholar who is currently presiding over the Fatwa and Shari'a Supervision Boards of most Islamic financial institutions in the United Arab Emirates, and many abroad.
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