Abu Dhabi/Kuwait City (May 13, 2013) - The National Bank of Abu Dhabi (NBAD) has appointed May Al Mudhaf as NBAD's Regional Manager in Kuwait.

Ms. May Al Mudhaf is an experienced banker with a wealth of knowledge and industry contacts gained from her three decades of banking experience.

"May Al Mudhaf is a talented and skilled banker with profound knowledge of the Kuwait market.  NBAD will benefit greatly from her experience and the renewed energy that she brings to the Bank," said Qamber Ali Al Mulla, the Senior General Manager of International Banking Division of NBAD.

Ms. Al Mudhaf has worked for a number of financial institutions during her career, including Commercial Bank of Kuwait, Gulf Bank, and Burgan Bank.

Mr. Al Mulla added: "May is particularly experienced in trade finance, treasury and investment, financial institutions and private banking services; all areas that offer NBAD-Kuwait great potentials for growth in Kuwait."

NBAD-Kuwait, launched in 2006, offers specialized services for high net worth individuals; it serves prime Kuwaiti corporations and multinationals, and facilitates UAE interest in Kuwait and vice versa.

"NBAD-Kuwait is poised for greater growth, particularly in acquiring Kuwait clients and the Bank will also expand its services in the inter-GCC and global trade," said Ms. Al Mudhaf.

NBAD is ranked by the prestigious Global Finance in its World's 50 Safest Banks and is the highest ranked Middle East Bank in the list.

NBAD has the largest international network among UAE banks, with operations in 19 countries spanning five continents. NBAD international network stretches from Hong Kong and China in the Far East to Malaysia in Southeast Asia; Oman, UAE, Bahrain and Kuwait in the GCC; Jordan and Lebanon in the Levant; Egypt, Sudan, South Sudan and Libya in Africa; France, Switzerland, Channel Islands and the UK in Europe; USA in North America and Brazil in South America.

NBAD has a strategy to expand to 41 countries by 2021.

Ms. Al Mudhaf holds a bachelor's degree in Economics from the American University of Beirut. She has also completed several banking courses and programs at Harvard Business School, Harvard School of Government, New York School of Finance, and Institute of Banking Studies, among others.

Ms. Al Mudhaf is a member of Kuwait Economic Society, Kuwait Graduate Society, and Arab Bankers Association of North America.

"We welcome Al Mudhaf aboard and feel confident that she will be an asset to NBAD's international ambitions," Mr. Al Mulla said in conclusion.

-Ends-

About NBAD
The National Bank of Abu Dhabi (NBAD), The Number One Bank in UAE, was incorporated in 1968 and is listed on the Abu Dhabi Securities Exchange (ADX), under stock code (NBAD).

Ranked as one of the top 50 safest banks in the world since 2009, NBAD currently operates across 19 countries on five continents. NBAD has a network of 124 branches and more than 570 ATMs to provide banking services to customers all over the UAE. Besides bricks & mortar branches, NBAD provides 24 hour internet banking access through NbadOnline and NbadDirect, the SMS-based payment service (Arrow) as well as account access and personalised customer support through its 24-hour Call Centre.

NBAD's overseas network stretches from China and Hong Kong in the Far East to Malaysia in the South East; Oman, UAE, Kuwait, and Bahrain in the G.C.C.; Jordan and Lebanon in the Levant; Egypt, Sudan, South Sudan and Libya in Africa; France, Switzerland,  Channel Islands, and UK in Europe; Brazil in South America, and the USA in North America. NBAD has a strategy to expand to 41 countries by 2022.

NBAD provides its customers with a wide variety of financial services targeting all segments of the consumer and corporate markets.

NBAD aims to support the long-term prosperity of our people, our customers and the communities in which we do business by being transparent and responsible. The Bank is ranked 3rd on the S&P/Hawkamah ESG Pan Arab Index out of the top 50 Pan Arab companies based on their performance on nearly 200 environment, social, and governance metrics.

NBAD is rated senior long term/short term A+/A-1 by Standard & Poor's (S&P), Aa3/P1 by Moody's, AA-/F1+ by Fitch, A+ by Rating and Investment Information Inc (R&I) Japan, and AAA by RAM (Malaysia) , giving it one of the strongest combined rating of any Middle Eastern financial institution.

For media enquiries, please contact:
Ehab Khairi
Media & PR Manager- VP, Corporate Communication 
National Bank of Abu Dhabi (NBAD)
Tel: +97126111190
Email: ehab.khairi@nbad.com
Web: www.nbad.com

© Press Release 2013