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Sunday, December 6 - 2009

New Senior General Manager for NBAD's Corporate & Investment Banking Division

  • United Arab Emirates: Monday, May 26 - 2008 at 10:09

National Bank of Abu Dhabi (NBAD) has announced the appointment of Mr. Mark Yassin as Senior General Manager of Corporate & Investment Banking Division.

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  • Mark Yassin, Senior General Manager of Corporate & Investment Banking Division, NBAD.
    Mark Yassin, Senior General Manager of Corporate & Investment Banking Division, NBAD.
Mr. Yassin, a Canadian national, has a Masters of Science in Engineering from the University of Surrey, UK, and MBA from Southern Methodist University, in Dallas, Texas.

Immediately before his appointment, Mr. Yassin was Global Head of Corporate Finance at Arab Bank Plc, based in Bahrain.

He also held senior positions with Arab Banking Corporation (ABC) and Gulf International Bank (GIB) in Bahrain, and worked previously with Coopers & Lybrand Consulting Group, the Bank of Montreal and Transamerica Commercial Finance Corp. in Canada and the US.

Commenting on the appointment of Mr. Yassin, Mr. Michael Tomalin, NBAD's Chief Executive said: "I welcome Mr. Mark Yassin to the senior executive team at NBAD.

The Bank has achieved excellent financial returns for its shareholders over the last several years and Mr. Yassin joins to strengthen the team to help achieve our aggressive growth targets. He will manage the newly integrated Corporate and Investment Banking Division, focusing on meeting the needs of our corporate and institutional clients in Abu Dhabi, the UAE, and round the world".

In his role as Senior General Manager of Corporate & Investment Banking Division of NBAD, Mr. Yassin plans to utilize the significant strengths of the NBAD brand to deliver a range of innovative products and services and to focus on staff and customer satisfaction to deliver superior service in the region.

He will tackle the competition by ensuring a clear positioning strategy for NBAD's Corporate & Investment Banking Division through well experienced teams in corporate, investment, leasing, and real estate.

"I am delighted to have the opportunity to particularly come to Abu Dhabi and NBAD. The UAE is one of the most exciting places in the world to be and NBAD has a special place in banking here and in the region.

I look forward to joining a winning team which is committed to growing the corporate & investment banking businesses at NBAD to be an even greater force in banking and one which has a great reputation for customer service and innovation." said Mr. Yassin, Senior General Manager of Corporate & Investment Banking Division.
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About NBAD

The National Bank of Abu Dhabi (NBAD), The Number One Bank in the UAE, was incorporated in 1968. NBAD has a network of 77 branches in the UAE in addition to Cash offices that are spread out at remote locations to provide banking services to customers stationed at offshore oil operations and in desert locations as well as other government organizations. NBAD also has three Shift offices inside the security areas of the Abu Dhabi International Airport providing currency & traveler's cheques exchange services.
The branch network is widened further with 195 ATMs through which customers perform a variety of transactions.

Besides brick & mortar branches, NBAD provides 24 hour internet banking accessibility through NbadOnline and NbadDirect, as well as account access and personalized customer support through the 24-hour Call Centre.

NBAD's overseas network stretches from Oman, Kuwait, and Bahrain in the G.C.C., Egypt and Sudan in Africa, London, Paris, and Geneva in Europe to Washington D.C. in the U.S.A.
The bank provides its customer with a wide variety of financial services targeted at all segments of the retail and corporate market in addition to Fund Management, Brokerage, Leasing, Property Management businesses and Private Banking.

NBAD is rated senior long term/short term A+/A-1 by Standard and Poor's, Aa3/P1 by Moodys and AA-/F1+ by Fitch giving one of the strongest combined rating of any Middle Eastern financial institution.

NBAD is an award winning leader in the UAE and GCC financial services industry. Awards won by the bank include the Middle East Excellence Award 2008, the Mohamed Bin Rashid Al Maktoum Business Award 2007, the Sheikh Khalifa Excellence Award, Dubai Quality Award, 'Best Bank in UAE' from Euromoney and Banker publications, 'Human Resources Development Award' from the Emirates Institute for Banking & Financial Studies, the 'Middle East e-Banking Country Award', the 'Outstanding use of IT in Financial Services Award, and excellence award for 'Best use of Technology' from Banker Middle East.

For Media enquires, please contact:
Ehab Khairi
Media & PR Manager
National Bank of Abu Dhabi
Tel: +97126111190

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