Ala'a Eraiqat | Gulf Business
  • العربية

56. Ala’a Eraiqat

Group CEO, Abu Dhabi Commercial Bank, ADCB

Origin: UAE

Residence: UAE

Sector: Finance

2024 Rank: 55

Eraiqat has been the group CEO of ADCB since 2009, having joined the bank in 2004. Under his leadership, ADCB reported a profit before tax of Dhs10.585bn in 2024, a 26 per cent increase from the previous year.

The bank’s net profit after tax rose 15 per cent to Dhs9.419bn during the same period.

Total assets grew by 15 per cent year-on-year to Dhs653bn, with net loans and customer deposits both increasing by 16 per cent.

Eraiqat also serves as chairman of Al Hilal Bank and holds board positions at Abu Dhabi National Hotels and the Emirates Institute of Finance. With a banking career starting in 1991, he previously held senior roles at Citibank and Standard Chartered Bank.

 

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