First Abu Dhabi Bank (FAB), the UAE’s biggest lender, has appointed Lars Kramer as its group CFO following the retirement of James Burdett.
Kramer joins FAB from the Netherlands-based ABN AMRO NV after he announced he was stepping down from that role earlier this month, effective 30 April 2023.
He has served as the CFO of the Dutch bank since June 2021, and prior to that was Group CFO of Hellenic Bank and worked for ING.
Karim Karoui, FAB’s group head of mergers and acquisitions, will serve as interim GCFO until Kramer joins the bank.
(Reporting by Imogen Lillywhite; editing by Seban Scaria)