Top 100 Arabs 2024 55. Ala’a Eraiqat Group CEO, Abu Dhabi Commercial Bank, ADCB Origin: UAE Residence: UAE Sector: Finance 2023 Rank: 59 Eraiqat joined ADCB in 2004 and has been at the helm of the UAE’s third-biggest bank since 2009. He also serves as the chairman of the banking group’s subsidiaries: Al Hilal Bank, Abu Dhabi Commercial Engineering Services and Abu Dhabi Commercial Properties. Under his leadership, ADCB expanded into Saudi Arabia, where it will offer a comprehensive range of services for corporate and institutional clients, including financing and working capital solutions. The group’s annual profit jumped 28 per cent to Dhs8.21bn in 2023 while its total assets grew from Dhs498bn in 2022 to Dhs567bn in 2023, driven by higher interest and financing income, as well as a one-off gain from the sale of its property unit. ADCB joined the UN Net Zero Banking Alliance in November 2023, the third bank in the GCC region to join the group and seeks to triple its sustainable finance target to Dhs125bn by 2030. Outside the ADCB Group, Eraiqat sits on the boards of the Abu Dhabi Chamber and Abu Dhabi National Hotels. Mohammad A Baker Top 100 Arabs 2024