The lender made a net profit of Dhs575 million ($156.6 million) in the opening three months of 2014, it said in a statement on Wednesday.
The rules include separating the positions of chairman and chief executive, prompt disclosure of information to the market, and establishing internal controls and risk management.
A royal decree last May ordered the liquidation of the firm, which never launched services despite making a winning SAR1 billion bid for a fixed telecom licence in 2007.
Burdett joins from Australia and New Zealand Banking Group, where he was finance head of its international and institutional banking business.
The former monopoly made a net profit of 14.5 million dinars ($38.46 million) in the three months to March 31.
The company had earlier proposed a cash dividend of Dhs0.1 ($0.03) per share plus bonus shares worth 30 per cent of its share capital.
Its total assets grew to Dhs251.2 billion at the end of 2013, up from Dhs239.3 billion on December 31, 2012.
Sources have said that Etihad could invest 500 million euros in return for a 49 per cent stake, but talks reached a stalemate this month when Alitalia raised concerns over the deal conditions.
Heritage said that it was recommending a 320 pence per share cash offer, which represented a 25 per cent premium to its closing price the day before the approach was announced.
Second citizenship expert says he has seen a significant jump in interest from Russian millionaires in the last month.
The April survey marks the first time since last September that the ratio of managers who are bearish on UAE equities exceeds the ratio of bullish ones.
The Russian Direct Investment Fund (RDIF) said it had signed a deal with Bahraini sovereign wealth fund to identify and work together on investment opportunities in their countries.
The transaction was formally launched to price at 115 basis points over midswaps, a document from the lead banks said.
Around $27 billion will be injected into the Gulf economy through defence deals by 2020, new research says.
High demand for the offering has helped MAF reduce the prospective cost of its borrowing.
NBAD, 70 per cent owned by the Abu Dhabi government, has been realigning its business under new chief executive Alex Thursby, who took charge last summer.
Europe was the most popular location for second citizenship applicants, due to its proximity to the Middle East, as well as security and investment benefits.
The company’s net profit fell to 3.70 million rials ($9.61 million) in the first quarter of the year compared to 6.94 million rials in the same period of 2013.
Sheikh Saud bin Saqr al-Qasimi, a member of the ruling family of Ras Al Khaimah, has agreed to sell 250 million shares in the company, a bourse statement said.
The bank earned a net profit of 548 million riyals ($150.5 million) for the opening three months of 2014.
The document said the weightings of eight stocks would be reduced “as they may pose accessibility issues to international institutional investors”.
NBAD’s chief executive said fierce competition combined with global interest rate pressure was starting to drive down the profitability of lending.
Company officials previously said there might be a dual listing on Nasdaq Dubai, the smaller of the emirate’s two exchanges, and London.
The German airline had said last month it was in talks over certain options that prompted speculation that Etihad could gain more control over the carrier.
The bank posted net profit of Dhs1.41 billion ($383.9 million) in the first three months of 2014.
The bank made a net profit of 3.1 million rials ($8.1 million) in the opening three months of 2014, compared to 5.7 million rials in the same period of 2013.
The agreement with Indian businessman Mohan Valrani will see the creation of two primary schools and two secondary schools.
At present, investors wishing to raise their stake in a firm to more than 30 per cent must offer to buy all of its shares under the same price and conditions.
The fund is most likely to be Mubadala, sources said, given that it already has telecommunications assets and an existing partnership with Etisalat in Africa.
The changes are part of plans to introduce at least two new rules covering the stock exchanges every year, a top official said.