Cairo, 07 August 2016

Emirates NBD Egypt; a major subsidiary of the Emirates NBD Group, has appointed Fuad Mohamed as its new Chief Operating Officer. Fuad joins the Executive Leadership team of Emirates NBD Egypt and reports directly to the Emirates NBD Egypt Chief Executive Officer and Board Member, Giel-Jan M. Van Der Tol.

Fuad Mohamed, an Emirati national, has joined the organization from the Emirates NBD Group based in Dubai, in the United Arab Emirates. He brings over 20 years of operational and IT experience to the role, which provides full accountability for core functions including Centralized Operations, IT, Procurement, Administration, and Organization and Reengineering.

Commenting on the appointment, Giel-Jan M. Van Der Tol said:  "I am very pleased to welcome Fuad Mohamed as an integral member of our leadership team here at Emirates NBD Egypt."

"We are focused on continuing to expand our market presence. Critical to achieving this, is our ability to provide a differentiated and increasingly digitized customer service externally, whilst also internally driving efficiency gains through wide-scale lean transformations. Both of these priorities require an intensified focus on operational excellence. With Fuad's vast leadership experience, combined with his in-depth operational and IT knowledge, I am confident he will deliver such excellence to support our continued growth trajectory."  

Also commenting on his appointment, Fuad Mohamed said, "With sustained, year-on-year growth already behind Emirates NBD Egypt following its purchase from BNP Paribas in 2013, and sizable market opportunities still in front of it, there has never been a more compelling time to join the growing team here in Egypt." 

"I am very energized to help lead the organization to its next phase of operational excellence, to ultimately support its broader digitization, efficiency, customer service and growth priorities."

Emirates NBD Egypt is a wholly-owned subsidiary of the Emirates NBD Group; one of the leading banks in the Middle East and the largest bank in its home country; the United Arab Emirates. Emirates NBD Egypt currently employees over 2,100 employees and has a network of 65 branches located strategically across the country.

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© Press Release 2016