Abu Dhabi Islamic Bank appoints DIB banker as group CEO

The board of directors at Abu Dhabi Islamic Bank (ADIB) have announced the appointment of Nasser Abdulla Al Awadhi as the new group chief executive officer.

The appointment is effective from January 9, 2022, subsequent to UAE Central Bank approval.

Al Awadhi brings over 33 years of banking experience and is a practitioner in Islamic finance, having held a variety of senior strategic, commercial and leadership roles, a statement said.

He joins ADIB from Dubai Islamic Bank where he served as the group chief of consumer banking since March 2018, and contributed to the development of various transformational programmes and strategic initiatives. His previous stints include being the head of strategic relationships at Dubai Islamic Bank from 2014 to 2018 and head of business development at Tamweel Company from 2011 to 2014.

Jawaan Awaidha Suhail Al Khaili, ADIB’s chairman, commented: “The board are pleased to have appointed Nasser Al Awadhi as group CEO. He will now lead ADIB through our next stage of expansion under our 2025 growth strategy. I would also like to take this opportunity to thank the leadership team for playing a central role in leading ADIB over the last two years. During that time and despite the pandemic, the bank has grown significantly, now serving over one million customers, delivering sustained profitability, and putting in place a world-class digital infrastructure.”

ADIB, established in 1997, has over Dhs133bn in assets and provides retail, corporate, business, private banking and wealth management solutions.