UAE Banks Federation holds Ordinary Annual General Meeting, elects new board for the next three years

Dubai: The UAE Banks Federation, a professional body representing 49 member banks operating in the UAE, held its Ordinary Annual General Assembly Meeting to review the UBF main activities and key achievements of last year.

The meeting ratified the Federation’s business plan for 2016, which aims to boost coordination and consultation with the Central Bank and other shareholders on issues related to the banking sector.

Members also voted for the UBF’s new Board of Directors for the next three years. Abdul Aziz Al Ghurair, CEO of Mashreq Bank, Sultan Nasser Al Suwaidi, Ex-Governor of the UAE Central Bank and Deputy Chairman of NBAD, Mohammad Omran Al Shamsi, Chairman of RAK Bank; Mr. Omran Abdallah Taryam, Chairman of Invest Bank; Dr. Sulaiman Mousa Al Jassim, Board Member, NBF; Mr. Amr Saad Al Menhali, EVP, Head of Islamic Banking, ADCB; Mr. Hamed Kazim, Board Member, CBD; Mr. Abdullah Qassem, Group Chief Operating Officer, ENBD; Mr. Abdullah Zeid Al Shehi, Head of International Expansion, ADIB, were elected as the new board.