14/09/2017 05:57 AST

The head of legal affairs at First Abu Dhabi Bank has resigned due to personal reasons, two sources aware of the matter said on Wednesday.

Samer Abdelhaq, who took over as group general counsel and head of legal in February this year is leaving barely six months into his new job, the sources said. He was previously head of the legal department and general counsel at National Bank of Abu Dhabi since 2010. FAB was created by the merger of National Bank of Abu Dhabi and First Gulf Bank. FAB declined to comment.


Gulfnews

First Abu Dhabi Bank rebrands property unit

01/04/2018

First Gulf Properties, the real estate service provider and a wholly-owned subsidiary of the First Abu Dhabi Bank (FAB), has changed its name to "FAB Properties."

It manages a diversified

Trade Arabia

FAB wins Saudi commercial banking licence

21/03/2018

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest financial institutions, has secured a licence from the Saudi Arabia Monetary Authority (Sama) to establish a commerci

Trade Arabia

FAB refutes allegations over Qatari rial

20/03/2018

First Abu Dhabi Bank (FAB) has refuted allegations that it had conducted any transaction with the intent to manipulate the Qatari riyal.

In a statement, FAB said: “Following recent media

Trade Arabia

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SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News