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- Lebanon receives preliminary approval to increase World Bank loan to $400m
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- Saudi Arabia completes 674 Vision 2030 initiatives, achieves 93% of KPIs as 9th year milestone marked
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28/01/2018 10:14 AST
Commercial Bank of Dubai announced the appointment of Khaled Rasheed Al Hammadi as its new Head of Sales and Distribution. The appointment is in line with the Bank's Emiratisation strategy.
Al Hamadi has more than 20 years of experience in the financial industry. In his new position, he will be responsible for the sales and service performance of the Bank's branches network and its day-to-day operation. Before joining CBD Al Hammadi was the Head of Distribution for Dubai and Northern Emirates in the Personal Banking Group of First Abu Dhabi Bank (FAB). Previously he spend over 17 years with HSBC and served as Deputy Head of Branches in Retail Banking and Regional Head of Amanah. Khaled received his Bachelor of Science degree from Virginia Commonwealth University in the US.
"We are delighted to welcome Khaled to Commercial Bank of Dubai and wish him success in his new role," said Bernd van Linder, the bank's CEO. "With his vast experience and fresh ideas, I am confident in his ability to play an important role in realising our growth plans and to lead our continued efforts to enrich our customers' experience."
Currently, CBD boasts an Emiratisation ratio of 41 per cent.
Gulf News
09/02/2018
Commercial Bank of Dubai (CBD) has reported a 9.4 per cent increase in operating profit of Dh1,742 million ($474 million) for 2017,a media report said.
Figures showed that operating income
Trade Arabia
19/10/2017
Commercial Bank of Dubai (CBD) reported a nine-month net profit of Dh665 million, 5.2 per cent lower compared to Dh701 million for the same period last year. The bank attributed the decline in net p
Gulfnews
08/10/2017
In his previous role, Kumar was the Chief Operating Officer at Qatar Islamic Bank in Doha. With over 25 years banking experience, he spearheaded transformational projects at several MENA-based banks,
CPI Financial
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 401.70 | -0.30 (-0.08 |
| FAB | 13.90 | -0.14 (-1.00 |
| EMIRATESNBD | 20.15 | -0.30 (-1.47 |
| ADCB | 11.10 | -0.22 (-1.95 |
| EIB | 12.25 | 0.00 (0.00 |
26/04/2025
Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p
Trade Arabia
25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
24/04/2025
The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman
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