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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 (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
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.
Abu Dhabi-based telco Etisalat has been named as the region’s most valuable brand for 2018, rising by 40 percent to $7.7 billion in the past year, according to consultancy Brand Finance, with leading
Al Khalij Commercial Bank’s (Al Khaliji) net profit in the first quarter of 2018 stood at QR169.6mn, representing a 5.3% increase over the same period last year, it was announced yesterday.
Aldar Properties, a leading UAE-based real estate developer, said it has started the handover of two of its premium developments in Abu Dhabi - Nareel Island and Al Merief.
Investcorp, the Bahrain-based alternative investment firm that has US$21.3 billion in assets under management sold Veco Precision, a Netherlands-based manufacturer of high-precision metal components,
Dana Gas said on Thursday it planned to postpone the decision on the previously recommended 5 per cent cash dividend payment.
The board, at its meeting on the March 14 had taken the positi