National Bank of Dubai appoints new Deputy Head of Corporate Banking

An expert in the field, Qassimi first joined National Bank of Dubai in 1995 where he worked in the Exchange Department, controlling inward and outward remittances and swift administration. He was promoted to Senior Branch Manager in 1996 where his responsibilities included management of the branch's key operations, product marketing activities and customer service.

In 2001, Qassimi joined NBD's Corporate Banking Department and was responsible for coordinating day to day business requirements, managing NBD's corporate relationships portfolio and developing the bank's corporate business activities. Qassimi holds a B.A. in Banking and Finance and a Master's Degree in International Business.

In recent years, NBD's Corporate Bank has been very responsive to market opportunities in the infrastructure, leisure & tourism, manufacturing and real estate areas in the UAE. The bank now has the leading relationship position in its chosen client segments. It also broadened the scope of business development activities into the GCC countries where vibrant economic growth also presented attractive opportunities. Loan syndications and project financing also provided additional areas of growth. The corporate bank largely contributes to NBD's net profits and continues to grow while diversifying its loan book and its revenue streams.

"We work in a very diverse and dynamic market and over the past 10 years, I have been fortunate enough to witness NBD's amazing growth across the UAE and in the region," stated Qassimi. "I am excited to take on this new role and look forward to the many opportunities that lie ahead of us."

The appointment of Mr. Qassimi comes also as an integral part of NBD's emiratisation strategy to train, develop and promote young UAE talents within the bank. Currently around 33% of the bank's employees are UAE nationals including 38% of the senior management level.