Abu Dhabi:Abu Dhabi Islamic Bank (ADIB), a leading financial institution, today announced the appointment of Jose K. Joseph as Group Chief Risk Officer.
In this position, he will be responsible for market, credit, and operational risk for the ADIB Group. He will continue to strengthen ADIB’s risk governance and capabilities, while helping to further cultivate a positive risk culture across the organization, at a time of rapid change in the global regulatory environment.
Mr. Joseph brings over 30 years of banking experience gained across a variety of Risk and Business roles with International and regional banks. Before coming to the region, he spent around 25 years with Citibank N.A, where he held several senior positions, including Managing Director & Chief Credit Officer for Citibank North America. He joins us from BankDhofar in Oman, where he held the role of Deputy General Manager & Chief Risk Officer.
Mazin Manna, Group Chief Executive Officer of ADIB said: “We are delighted that Jose is joining ADIB. He is an accomplished risk executive with extensive experience and knowledge of global financial markets and a deep understanding of the global and local regulatory agenda. His appointment reflects ADIB’s commitment to continuing our best-in-class risk-management practices to respond to evolving regulation, changes in customer behaviour, and the deployment of new technology.
Jose Joseph, the newly appointed Group Chief Risk Officer at ADIB, said: “I’m excited and honoured to be taking on this role. ADIB is a strong and well-established bank with exceptional brand recognition. We aim to focus on the continued growth of our business, whilst making the ways in which we serve our customers simpler, better and faster. I look forward to working with executive team and my colleagues to capitalise on the ADIB’s strengths.”
ADIB is a leading bank in the UAE with more than AED 124.7 billion in assets. The bank also offers world-class online, mobile and phone banking services, providing clients with seamless digital access to their accounts 24 hours a day. ADIB provides retail, corporate, business, private banking and wealth management solutions. The bank was established in 1997 and its shares are traded on the Abu Dhabi Securities Exchange (ADX).
ADIB has presence in six strategic markets: Egypt, where it has 70 branches, the Kingdom of Saudi Arabia, the United Kingdom, Sudan and Iraq.
Named World’s Best Islamic Bank by The Financial Times’ The Banker publication, ADIB has a rich track record of innovation, including introducing the award-winning Ghina savings account, award-winning co-branded cards with Etihad and Etisalat and a wide range of financing products.
© Press Release 2019