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UAE bank NBAD confirms resignation of four senior managers

UAE bank NBAD confirms resignation of four senior managers

No specific reason was given for the departures

Four top managers at National Bank of Abu Dhabi (NBAD) have resigned from the lender, effective from Jan. 1, 2017, it said on Thursday.

Abdulla Mohammed Saleh AbdulRaheem, deputy group chief executive, and Qamber al-Mulla, senior managing director and chief executive of Gulf and international, had both left the bank, it said.

Saif al-Shehhi, senior managing director, UAE government and key Abu Dhabi-based clients, and Abdulla al-Otaiba, senior managing director and group head of global retail & commercial had also left, the bank said.

Reuters reported the departure of the four on Dec. 28, citing sources.

Read more: Four senior staff to leave Abu Dhabi bank NBAD ahead of merger with FGB

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