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Prior to her appointment as NBAD's regional manager in Libya, Ms.Al Treiki was Assistant Vice President in a major bank in Malta.
Commenting on the appointment of Ms. Al Treiki, Mr. Qamber Ali Al Mulla, Senior General Manager of NBAD's International Banking Division said:
"I welcome Hadeel to the NBAD family and we are confident that having her on board will help us achieve our intentions in Libya and the region. NBAD's Representative Office in Libya is expected to start its operations in the last quarter of 2008".
The main objective of NBAD's Rep Office in Libya is to provide advisory services, boosting trade between UAE and Libyan companies, and facilitate business dealings between the two countries and also the region in general.
Furthermore, as NBAD's overseas network covers 9 countries which have large volumes of trade with Libya, the representative office will also facilitate business dealings and feed business to our branches in these countries by way of cross selling.
"Opening NBAD's representative office in Libya underpins our international network, which is the largest overseas network of all UAE local banks. It 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. This move also comes at a time characterized by significant growth of economic relationships as well as mutual investments between UAE and Libya" Senior General Manger of NBAD's International Banking Division said.
"NBAD intends to further increase its overseas network in the near future as we expect to open a branch in Hong Kong in the first quarter of 2009 and seek to obtain a license to open branches in Qatar and Jordan. In addition, we have plans to increase number of our branches in some of our existing operations such as Oman, Bahrain, Kuwait, and Egypt during the coming period in line with the Bank's strategy" Mr. Al Mulla added.
Eman Hassan
