He will be replaced by Tim Goddard and Chris Taylor who will together act as Joint Interim CEO.
His Excellency, Easa Saleh Al Gurg, Deputy Chairman commented: "National Bank of Fujairah is an ambitious bank. Our potential is unmatched and we are uniquely positioned to develop from our strong position amongst the UAE banking community to be a bank of great substance and critical mass. We will now conduct a thorough search to find an individual who shares this vision and ambition. I am delighted that Tim Goddard and Chris Taylor have agreed to act as Joint Interim CEO until we have a replacement."
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National Bank of Fujairah announces change in management
- United Arab Emirates: Sunday, November 16 - 2008 at 16:18
National Bank of Fujairah has confirmed that Steve Mullins is to step down from his post as CEO of the bank with immediate affect.
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About NBF:National Bank of Fujairah started operations in 1984 in the emirate of Fujairah. Its key shareholders include the Government of Fujairah (39%) and the Government of Dubai (10%). It is primarily a corporate bank with strong trade finance expertise, and rapidly growing businesses in wealth management and commercial banking. National Bank of Fujairah is currently deepening its product range by selectively expanding its retail banking services while continuing to build its core businesses. National Bank of Fujairah's current branch network stands at 12. National Bank of Fujairah is listed on the Abu Dhabi Securities Market under the symbol 'NBF'.
For further information, please contact:
Jayne Savastano
Head of Corporate Support
+9714 507 8401
Husam OdiabatSunday, November 16 - 2008 at 16:18 UAE local time (GMT+4)
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This article was updated on Mon Nov 17 2008.
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