Emirates NBD appoints new Dubai Bank CEO

Thursday, Mar 29, 2012

Gulf News

Dubai Emirates NBD announced the appointment of Jamal Bin Ghalaita as the new CEO of Dubai Bank, which was recently acquired by Emirates NBD making it a wholly owned subsidiary of the group.

“The new appointment of Bin Ghalaita is in addition to his current position as CEO of Emirates Islamic Bank, another Islamic subsidiary of Emirates NBD,” a bank statement said.

Emirates NBD also announced the appointment of Douwe Oppedijk, formerly interim CEO of Dubai Bank, as adviser to the new Dubai Bank CEO.

Bin Ghalaita’s new role aims to unify the management teams of both Islamic subsidiaries under the umbrella of Emirates NBD.

Rick Pudner, Group CEO, Emirates NBD, said: “This is an important milestone for Emirates NBD as it enters a new phase for its Islamic subsidiaries, Emirates Islamic Bank and Dubai Bank. The new phase aims at unifying the management teams within our two Islamic arms.”

Bin Ghalaita was appointed CEO of Emirates Islamic Bank in September 2011.

He previously held the position of group deputy CEO, heading the Consumer Wealth Management division.

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Staff Report