Ala’a Eraiqat | Gulf Business
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Ala’a Eraiqat

Group CEO, ADCB

Origin: UAE

Residence: UAE

Sector: Finance

ADCB reported a 38 per cent increase in net profit to Dh5.247bn for the 2021 financial year. But for Eraiqat who also is the chairman of Al Hilal Bank, growth goes beyond the bottom line. In what would be a significant milestone for ADCB – a bank that he became CEO of in 2009 – it received an upgrade in its MSCI ESG rating to ‘AA’ from ‘A’ in August last year due to its efforts to support small businesses, besides its work around customer data protection.

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