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HH Sheikh Dr. Sultan Bin Mohammed Al Qassimi honors ADIB for achieving the highest Emiratization rate in the Banking industry in 2011

The Bank's Emiratization ratio jumps to 48%

ADIB receives the Human Resources Development Award in the first category for the second time
Abu Dhabi, 22 February 2012: Abu Dhabi Islamic Bank (ADIB), an industry leader in Emiratisation initiatives, announced today that it has been recognized for its continued commitment to Emiratization by the Emirates Institute of Banking and Financial Studies (EIBFS) and was presented with their Human Resource Development Award in the first category for 2011. The Bank also received an appreciation letter for achieving the highest Emiratization rate in the Banking industry for 2011 of 48%.

HH Sheikh Dr. Sultan Bin Mohammed Al Qassimi, Ruler of Sharjah and Member of the Supreme Council, and HE Jamal Al Jasmi, General Manager of Emirates Institute for Banking and Financial Studies presented the Human Resource Development Award (HRD Award) to Waheeb Al Khazraji, Head of Human Resources in ADIB on the sidelines of the National Career Exhibition at Sharjah Expo Centre.

Commenting on the award, Mr. Tirad Mahmoud, CEO of ADIB, said: "The EIBFS HRD Award will sharpen our focus on achieving excellence in Emiratisation initiatives which are critical to our success. This is a remarkable achievement and another confirmation of our position as a leader in Emiratisation and our commitment of training UAE national talents and develop them to become leading professionals in the banking and financial industry."

"Over the past year ADIB has increased headcount, especially of UAE nationals, and increased its reach across the UAE with new branches. Its leadership training program has been noted by the industry for its professionalism and world class curriculum as it takes trainees through both classroom and on-the-job training," added Tirad Mahmoud.

ADIB received recruitment applications from UAE nationals interested in taking a banking and finance career path at its stand during the exhibition. It has been an active participant at various career fairs in the UAE, aiming to attract, train and retain UAE national talents which resulted in ADIB winning the HRD Award in 2009 and the best executive award for Emiratisation in 2011.

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About ADIB:
Abu Dhabi Islamic Bank (ADIB) was established on 20^th May 1997 as a Public Joint Stock Company following the Emiri Decree No. 9 of 1997. The Bank commenced commercial operations on 11^th November 1998, and was formally inaugurated by His Highness Sheikh Abdullah Bin Zayed Al Nahyan, on 18^th April 1999.

ADIB's vision is to be a top-tier, global Islamic financial services group and its mission is to provide Islamic financial solutions to the global community.

The Bank carries out all contracts, operations and transactions in accordance with Islamic Shari'a principles.

ADIB's core values, reflected in all its activities are: Simple and Sensible; Transparent; Mutual Benefit; Hospitality and Tolerance; and Shari'a inspired. It brings to its customers banking as it should be.

Tolerance; and Shari'a inspired. It brings to its customers banking as it should be.

ADIB - 2011 Awards

1. ADIB was named the "Best Overall Bank in the UAE in customer service" for 2011 by Ethos Consultancy

2. ADIB won the" Best Branch Award in the UAE" for 2011 by Ethos Consultancy

3. ADIB was named the "Best Islamic Bank in the UAE" for 2011 by Global Finance Magazine

4. ADIB was named Best Islamic Bank for 2011 by Business Banking and Finance Magazine

5. ADIB won Best Corporate Bank for 2011 by Business Banking and Finance Magazine

6. ADIB was named "The Best Islamic Bank" in the Middle East region for the second year running at the Banker Middle East Industry Awards 2011.

7. ADIB was nominated as "Fastest Growing Bank in the UAE" by the awards jury at the Banker Middle East Industry Awards 2011.

8. ADIB won the Best Islamic Bank in the UAE by EMEA Finance magazine

9. ADIB won the Best Islamic Bank in the UAE by Islamic Finance News Magazine

10. ADIB won Syndicated loan of the year by Islamic Finance News Magazine

For media information, please visit www.adib.ae or contact:
Lamia Hariz
Corporate Communications & Public Relations
Abu Dhabi Islamic Bank
Mobile: +971 50 682 4207
Email: lamia.hariz@adib.ae

Wasim Ben Khadra
Manager
Corporate Communications & Public Relations
Abu Dhabi Islamic Bank
Mobile: +971 50 612 8616
Email: WasimBenkhadra@adib.ae

Mohammad Z. Al-Qassem
Associate Account Manager
Corporate & Finance Practice
Weber Shandwick | MENA
Mobile: +971 50 288 9601
Email: mohammad.alqassem@ws-mena.com

© Press Release 2012