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First female UAE National to hold this position within Emirates NBD Group
Dubai, UAE - Emirates NBD, a leading bank in the region, has announced the appointment of UAE national Maryam Bahlooq as Chief Executive Officer (CEO) of Tanfeeth, a fully-owned subsidiary of the Emirates NBD Group.
Maryam Bahlooq was previously Acting Group Head, Human Resources and headed the HR Business Partnership unit at Emirates NBD. She brings over 17 years of experience within the banking Group, having held various operational and strategic roles within the bank’s Human Resources department, heading Recruitment, Nationalisation and Business Partnership. During her term, Maryam played a pivotal role in the people management aspect of the bank’s mergers and acquisitions, both local and international.
The company also announced that acting CEO Steve Thompson has been appointed Chief Operating Officer. Steve’s previous roles at Tanfeeth also included Chief Executive Corporate Operations & OPC (Operation Processing Center) where he delivered significant impact for the Group especially in terms of his focus on service excellence and driving operating efficiencies.
“Maryam’s experience and track record of guiding and motivating diverse groups to enhance business performance equips her well to lead Tanfeeth,” said Abdulla Qassem, Group Chief Operating Officer, Emirates NBD and Chairman of Tanfeeth. “Tanfeeth plays a crucial role within the Group and I am confident that with Maryam’s leadership, the team will continue to scale service excellence standards and deliver outstanding support across our business units and subsidiaries.
Commenting on her appointment, Maryam Bahlooq stated: “I am honoured to lead Tanfeeth as we continue to support Emirates NBD Group’s growing needs, which include business units, subsidiaries and international operations. I am also delighted to be the first female UAE national to assume a CEO position within the Group and hope to inspire and mentor others like me to take on similar leadership roles.”
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About Emirates NBD:
Emirates NBD is a leading banking Group in the region. As at 31st March 2017, total assets were AED 452 Billion, (equivalent to approx. USD 123 Billion). The Group has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry, with over 90 per cent of all financial transactions and requests conducted outside of its branches. The bank currently has 222 branches and 1013 ATMs and CDMs in the UAE and overseas and a large social media following, being the only bank in the Middle East ranked among the top 20 in the ‘Power 100 Social Media Rankings’, compiled by The Financial Brand. It is a major player in the UAE corporate and retail banking arena and has strong Islamic Banking, Global Markets & Treasury, Investment Banking, Private Banking, Asset Management and Brokerage operations.
The Group has operations in the UAE, Egypt, the Kingdom of Saudi Arabia, Singapore, the United Kingdom and representative offices in India, China and Indonesia.
The Group is an active participant and supporter of the UAE’s main development and community initiatives, in close alignment with the UAE government’s strategies, including financial literacy and advocacy for inclusion of People with Disabilities under its #TogetherLimitless platform.
For more information, please visit: www.emiratesnbd.com
About Tanfeeth:
Tanfeeth is the GCC’s first large-scale shared services company and fully owned subsidiary of Emirates NBD Group, employing over 2700 people. The company’s name in Arabic means ‘getting the job done.’ This underscores its commitment to delivering bottom line results for its clients through customized scalable shared services solutions. This improves the quality, consistency and efficiency of the processes and services across the entire business value chain. Tanfeeth works in partnership with its clients to get results and applies deep regional knowledge by investing heavily in its own people with ongoing training and development programs.
For further information on Emirates NBD, please contact:
Ibrahim Sowaidan
Senior Vice President
Head - Group Corporate Affairs
Emirates NBD
Telephone: +971 4 609 4113 / +971 50 6538937
e-mail: ibrahims@emiratesnbd.com
© Press Release 2017
