ADIB reaffirms plans to expand and invest in its UAE workforce

While the bank acknowledges the changed economic conditions in 2008, ADIB has not slowed down its ambitious plans to extend its business footprint in 2009. It is continuing with its strategy to attract and retain the best talent in the Islamic banking industry, and to continually invest in its workforce. Standing as testament to this strategy, the bank recently recognized the 70 employees still working at ADIB, out of the original 1500 who started with the bank 10 years ago, with a celebratory gala dinner held in their honour at the Emirates Palace in Abu Dhabi.

In the UAE, the bank is consolidating its workforce via a number of appointments across different divisions, strengthening its people-base in line with the organisation's vision to become a top tier Islamic financial services group. Over the past few months ADIB has significantly bolstered its senior management team with hires from around the region and beyond, including in the Retail, Risk Management Finance and Branches divisions. This team building has reinforced ADIB's position as one of the fastest growing Islamic finance institutions.

In Egypt, ADIB is currently building up its new management team, spearheaded by the recent appointment of Nevine Loutfy as market Chief Executive Officer.

ADIB, which marked its 10th anniversary in November, maintains a staff of 1500 in the UAE. The gala dinner recognising the 70 employees who have been with the bank since its inception was attended by the Chairman, H.E. Jawaan Awaidha Suhail Al Khaili, Managing Director, Mr Khamis Bu Haroon, and CEO, Mr Tirad Mahmoud, who presented a number of awards and certificates of appreciation to the employees.