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H.E. Ahmed Humaid Al Tayer hosts a luncheon in the honor of Mr Thomas A. Renyi
- United Arab Emirates: Thursday, February 07 - 2008 at 09:48
- PRESS RELEASE
H.E. Ahmed Humaid Al Tayer, Chairman Emirates NBD, hosted a luncheon in the honor of Mr Thomas A Renyi, Executive Chairman, and Mr. Robert P. Kelly, CEO, The Bank of New York Mellon Corporation.
The Bank of New York Mellon Corporation in its current form was established in July 2007 through a merger between The Bank of New York Company Inc. and Mellon Financial Corporation of Pittsburgh. The combination of two enterprises rich in history, vision and performance has created a global financial services growth company unmatched in its commitment to asset management and servicing.
Today, the corporation has more than 40,000 employees, more than one quarter of which are located outside the United States. The company serves more than 100 markets through a global presence in 34 countries establishing it as a truly global provider to a truly global clientele.
Emirates NBD was formed on 16th of October 2007. The merger brought together the UAE's second and fourth largest banks by assets and has created a banking champion with the largest asset base in the GCC region.
Emirates NBD is a market leader across core business lines. It is the leading retail banking franchise in the UAE, with over 100 combined branches and over 480 ATMs / Cash Deposit Machines spread across the UAE. The Group is also a major player in the corporate banking arena, with a combined market share of almost a fifth of corporate loans. With fast growing Islamic banking affiliated entities, strong investment and private banking services and a leadership in the field of asset management products, Emirates NBD is well positioned to grow and deliver outstanding value to its shareholders, customers, and employees.
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Posted by Anne-Birte Stensgaard, Senior News Editor
