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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, along with serving in several senior roles at the National Bank of Egypt in Cairo, Ahli Bank QSC in Qatar, National Bank of Dubai and Commercial Bank of Kuwait. Prior to coming to the Middle East in 1997, he held multiple roles with HSBC and Standard Chartered Bank in India. Krishna Kumar holds a B.Tech in Mechanical Engineering from the College of Engineering in Trivandrum, India. He also earned an MBA in Marketing and Finance from Xavier Labour Relations Institute, also in India. He is an alumnus of Harvard Business School having completed the Advanced Management Program (AMP) in 2008.
Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai, commenting on the appointment, said: "We are delighted to welcome Krishna Kumar to Commercial Bank of Dubai and wish him success in his new role. With his extensive professional experience, we are confident that he will add significant value to the Bank at this key time and his appointment represents an important addition to our leadership team.”
Commercial Bank of Dubai’s (CBD) 2018 first quarter net profit surged 74.7 per cent to Dh280 million compared to Dh160 million in the same quarter in 2017.
Profits were higher on the back o
Commercial Bank of Dubai (CBD) has appointed Humaid Mohammad Obaid Al Qutami as chairman of its board of directors.
In a statement today, CBD said Qutami joined the bank’s board in March 20
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
Abu Dhabi’s Union National Bank on Sunday reported an 18 per cent year-on-year drop in its second-quarter net profit as impairment charges climbed, while non-interest income fell.
Bank Muscat, the Sultanate’s flagship financial institution, posted a net profit of OMR89.70 million for the six-month period ending June 30, 2018, an increase of 6.4 per cent from the OMR84.31 milli
Times of Oman
Sharjah Islamic Bank (SIB) on Sunday reported Dh283 million net profit for the first half 2018 compared to Dh272.9 million in the same period last year. Net operating income reached Dh524.2 million f
Emirates NBD on Sunday said its exposure to Abraaj stands at $38.9 million (Dh142.87 million), raising total exposure to the embattled private equity firm to more than $2 billion.
Qatar Islamic Bank (QIB) has reported a net profit of QR1.32bn for the six months ended June 30, 2018 (H1, 18) registering a growth of 13.8 percent compared to the corresponding period in 2017.