Abu Dhabi: National Bank of Abu Dhabi (NBAD), The Number One Bank in the UAE, will host a lecture on the current economic crisis - as part of its Awareness Sharing Knowledge (A.S.K.)" lecture series- on Sunday May 10th, 2009 at 7:30 PM at NBAD's head office in Abu Dhabi.
The lecture, titled "When EHverything is Up for Grabs: The True Origins of Today's Economic Collapse and What to Do about It", will be delivered by Dr. Horace "Woody" Brock, President and Founder of Strategic Economic Decisions (SED), the prestigious economic think tank which specializes in applications of the modern "Economics of Uncertainty".
"Dr. Brock is the perfect choice to discuss world economy's dominant issues at this critical stage of the global economic meltdown. He is highly respected and a world renowned economist specialized in the modern economics of uncertainty, which was developed to forecast and assess risks in the international economy and its asset markets," said Mr. Abdulla Mohammed Saleh Abdul Raheem, NBAD's Senior General Manager and Group Chief Operating Officer.
Dr. Brock is holder of five academic degrees; he earned his B.A., M.B.A., and M.S. from Harvard University, and his M.A. and Ph.D. from Princeton University in Mathematical Economics and Political Philosophy. Dr. Brock studied under Kenneth J. Arrow, Professor of Economics, and John C. Harsanyi, Professor of Economics, University of California, Berkeley, both winners of the Nobel Prize in Economics. He was also elected an Andrew Mellon Foundation Bicentennial Fellow in 1976.
"It is a valuable opportunity for our stakeholders, and members of the community to share views with and gain knowledge from a leading expert in world economy, especially as it comes in a time characterized by uncertainties," NBAD's Senior General Manager and Group Chief Operating Officer added.
As a speaker, Dr. Brock is renowned for his ability to take complex and counter-intuitive concepts and make them accessible to a very broad range of people. His speaking engagements have included the World Economic Forum in Davos and the Aspen Institute of the Humanities. He has contributed numerous essays to professional publications as well as the Op-Ed pages of the New York Times and the International Herald Tribune.
"NBAD has played significant and leading roles in the economic and social development of the UAE for over forty years. The ASK lecture series are designed to meet the needs of our stakeholders and are part of NBAD's corporate social responsibility community investment approach. We aim to provide our stakeholders with access to engaging with and learning from world class leaders on current business and market topics and issues," said Ms. Belinda Scott, NBAD's CSR Officer.
NBAD's ASK lecture series was launched in 2005 to encourage professional learning and information sharing. The ASK lectures provide an interactive forum for customers, employees, business partners, and members of the community to acquire knowledge and share up-to-date information, market news and consider future opportunities.
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About NBAD
The National Bank of Abu Dhabi (NBAD), The Number One Bank in the UAE, was incorporated in 1968. NBAD has a network of more than 85 branches in the UAE in addition to Cash offices that are spread out at remote locations to provide banking services to customers stationed at offshore oil operations and in desert locations as well as other government organizations. NBAD also has three Shift offices inside the security areas of the Abu Dhabi International Airport providing currency & traveler's cheques exchange services.
The branch network is widened further with more than 270 ATMs through which customers perform a variety of transactions.
Besides brick & mortar branches, NBAD provides 24 hour internet banking accessibility through NbadOnline and NbadDirect, as well as account access and personalized customer support through the 24-hour Call Centre.
NBAD's overseas network stretches from Oman, Kuwait, and Bahrain in the G.C.C., Egypt, Libya, and Sudan in Africa, London, Paris, and Geneva in Europe to Washington D.C. in the U.S.A.
The bank provides its customer with a wide variety of financial services targeted at all segments of the retail and corporate market in addition to Fund Management, Brokerage, Leasing, Property Management businesses and Private Banking.
NBAD is rated senior long term/short term A+/A-1 by Standard and Poor's, Aa3/P1 by Moodys and AA-/F1+ by Fitch giving one of the strongest combined rating of any Middle Eastern financial institution.
NBAD is an award winning leader in the UAE and GCC financial services industry. Awards won by the bank include the Sheikh Khalifa Excellence Award, , the Mohamed Bin Rashid Al Maktoum Business Award 2007, the Middle East Excellence Award 2008Dubai Quality Award, 'Best Bank in UAE' from Euromoney and Banker publications, 'Human Resources Development Award' from the Emirates Institute for Banking & Financial Studies, the 'Middle East e-Banking Country Award', the 'Outstanding use of IT in Financial Services Award, and excellence award for 'Best use of Technology' from Banker Middle East.
For Media enquires, please contact:
Ehab Khairi
Media & PR Manager
National Bank of Abu Dhabi
Tel: +97126111190
Mob: + 971508126799
Email: ehab.hassan@nbad.com
Web: www.nbad.com
© Press Release 2009
