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Dubai - Commercial Bank International (CBI) has announced the appointment of Anil Kumar as its new Head of Retail Banking.
Anil will be responsible for leading CBI's retail expansion programme which includes the development of new products and improvement of processes and technologies to serve customers better. He will report directly to the CEO, Mark Robinson.
Announcing the appointment, Mark Robinson, Chief Executive Officer of CBI, said: "Retail banking is one of our key growth sectors and we are delighted to have Anil lead our team as we enhance our proposition. He is a valuable addition to the Bank, bringing 24 years of experience to the role, which will see him leading our efforts to deliver a market leading retail banking experience for our customers across the UAE."
Anil joins CBI from Abu Dhabi Islamic Bank (ADIB) where he was EVP of Business Transformation, leading the expansion strategy of ADIB's Global Retail Banking function. Prior to joining ADIB, Anilheld senior roles at Birla Sunlife Asset Management and Citi in India and the United Kingdom.
On his appointment, Mr. Kumar commented: "I am delighted to join CBI as the Bank continues to invest in, and strengthen its business. I look forward to working with the highly experienced team here todeliver innovative banking solutions and creating value for our customers."
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About Commercial Bank International (CBI)
Commercial Bank International (CBI) was incorporated in 1991 in the Emirate of Ras Al Khaimah. With its headquarters in Dubai, CBI today operates with a network of 26branches and 136 ATMs spread across the UAE and a growing presence in transactional banking and technology-driven delivery channels.
The Bank offers a comprehensive portfolio of banking products, as well as tailor-made financial solutions in both Corporate and Retail Banking, ranging from personal account services to finance for homes and automobiles to commercial loans and project support.
Supported by its strategic partnership with Qatar National Bank (QNB), the leading financial institution and largest bank in the MENA region, since the latter's acquisition of 40% of CBI shares in 2012, and a renewed customer-centric approach, CBI remains well positioned for future growth.
CBI's shares are listed on the Abu Dhabi Securities exchange (ADX).
For more information on CBI, please visit cbiuae.com
Media contact:
Vemuri Srinivas
04 2126164
communications@cbi.ae
Will Anderson/ Racha Mourtada
+971 (0) 2 234 4600
+971 (0) 4 446 6270
cbigulf@brunswickgroup.com
© Press Release 2015