Home lists Top 100 most powerful Arabs 2021 Ala’a Eraiqat Group CEO, ADCB Origin: UAE Residence: UAE Sector: Finance With an exposure of nearly $1bn to NMC, the impairment charges resulted in a 27 per cent decline in net profit for ADCB to Dhs3.81bn in 2020. While it has had to move rapidly to limit losses from the NMC saga, Eraiqat – who was appointed as CEO of the bank in 2009 – has an eye on the future and has pushed forward a transformative digital agenda for the bank. Not only has it ramped up investments in fintech over the last few months, but it also recorded 60 digital launches in the first three quarters of 2020, double that of the previous year.