SHARJAH - United Arab Bank, UAB, has announced the appointment of Ahmad Mohammad Abu Eideh as its Chief Executive Officer, effective 10th March, 2019.

This appointment comes as part of the bank's efforts to develop its services and provide more benefits to its customers, as well as achieving sustainable revenue for its shareholders.

Speaking on the occasion, Sheikh Faisal bin Salem Al Qassimi, Chairman of United Arab Bank, "We are confident that Ahmad Mohammad Abu Eideh will contribute, through his practical experience and his record of achievements in the field of banking and finance both regionally and globally, in developing the bank's operations and improving the quality of its programmes, products, services and solutions, which help to provide convenience for its customers as well as to sustainably promote and foster further success, growth, and prosperity," he said.

Abu Eideh, who previously held the position of CEO at Standard Chartered Bank Middle East (Jordan, Egypt, Iraq and Lebanon), expressed his pride in joining the United Arab Bank.

He pointed out that the trust that UAB’s board have placed in his capabilities only increases his determination to achieve the bank's vision of enhancing its value, and to meet the expectations of the bank’s shareholders and customers.

Abu Eideh has more than 27 years of experience in the field of banking and finance, 15 of which were spent in the UAE. During his career, he has held a number of senior positions in leading financial institutions in the UAE and other countries in the region.

© Copyright Emirates News Agency (WAM) 2019.