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Sunday, 23 November 2008 | 16:15 UAE time

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COMPANIES

First Gulf Bank

  • 11.25 Last
  • -0.50 (-4.20%) Today's Change
  • 1.38m Volume
  • 9.33-29.75 52 Week Range
  • -7.84 (-41.07%) 52 Week Change
As of 23 Nov 2008 10:00 GMT (Market Closed)

COMPANY DESCRIPTION

First Gulf Bank is one of the UAE's leading financial institutions and the second largest bank in Abu Dhabi by market value. The bank provides a range of financial services in corporate banking, treasury and investments, and retail banking.

In January the bank announced record profits of USD 546.7 million, an increase of 31% on its 2006 performance.

Most recently the bank announced it had won approval to start operations in Libya. The bank will own half of First Gulf-Libyan Bank, with the Libyan government's Economic and Social Development Fund owning the other half.

KEY INFORMATION

Industry

Asset Management, Commercial Banks, Commodity Brokers, Investment Banks, Investment Funds, Stock Brokers

Address

First Gulf Bank Building, Al Khalidiya Street, 6316, Abu Dhabi, UAE

T

971 2 6816666

F

971 2 6813727

E

fgbabd@emirates.net.ae

W

www.fgb.ae

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock 23 Nov 1979 -

MAJOR SHAREHOLDERS

NameCountry
HH Sheikh Tahnoun bin Zayed bin Sultan Al Nahyan UAE
Nahda Investment Company UAE

PORTFOLIO

NameCountry
Aseel Finance UAE
First Gulf Financial Services UAE
First Gulf Libyan Bank Libya
First Merchant International UAE
Green Emirates Real Estate Company UAE
Inshaa Properties UAE
Mismak Real Estate Property Development Holding Company UAE
Radman Properties Company UAE

OFFICERS

BOARD OF DIRECTORSPosition
HH Sheikh Hazza bin Zayed Al Nahyan Chairman
HH Sheikh Sheikh Tahnoun bin Zayed bin Sultan Al Nahyan Vice Chairman
Ahmad Ali Al Sayegh Director
Dhafer Sahmi Al Ahbabi Director
HH Sheikh Khaldoun Khalifa Ahmad Al Mubarak Director
Khadem Khalifa Abdullah Al Qubaisi Director
Abdulhamid Mohammed Saeed Director
MANAGEMENTPosition
Andre Sayegh Chief Executive Officer
Abdulhamid Mohammed Saeed Managing Director
Zafar Habib Khan Chief Investment Officer & Head of Corporate Marketing
Arif Sheikh Executive Vice President
Ibrahim Eskiocak Vice President - Real Estate
Huda Abdullah Mohammed Vice President - Head of Branches
Karim Karawi Head of Financial Control & Business Planning
Rajkumar Kamat Head of Operations
Palaniappa Karuppiah Head of Private Banking Operations
Mufazzal Kajiji Head of Wealth Management
George Abraham Head of Corporate Banking
Amit Wanshoo Head of Retail Banking
Shafikur Rahman Head of Islamic Banking Financial Institutions & Syndications
Maha Yassine Head of Corporate Communications
Hana Al Rostamani Head of Strategic Planning
Madireddi Sreekrishna Head of Merchant Banking
Girish Advani Head Marketing Credit Cards
Gopi Krishna Madhavan Head of Human Resources
Ranjith Amarasinghe Head of Internal Audit
Rajagopalan Suresh Head of Information Technology

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