Abu Dhabi/London: Arab Bankers Association chose Michael Tomalin, the Group Chief Executive of the National Bank of Abu Dhabi (NBAD), as the first recipient of the distinguished service award to Arab Banking and as such the Arab Bankers Association (ABA) “Banker of the Year”. Arab Bankers Association, founded in 1980 in London, represents and promotes the interests of Arab banks and financial professionals who work with Arab banks. This is particularly important with the very strong and significant banking and trade links between the UK and the Arab world.

NBAD launched its London branch in 1977. It provides private banking, trade finance, corporate banking, and treasury products.