ArabianBusiness.com - Middle East Business News
Tuesday, 24 November 2009 | 17:14 UAE time

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COMPANIES

Commercial Bank of Dubai

  • 0.00 Last
  • 0.00 (%) Today's Change
  • 0 Volume
  • 2.39-4.20 52 Week Range
  • -4.01 (-100.00%) 52 Week Change
As of 24 Nov 2009 09:14 GMT (Market Closed)

COMPANY DESCRIPTION

The Commercial Bank of Dubai offers a range of retail and commercial banking products, and has a network of 26 branches covering the UAE.

In 2007 the bank reported a net profit of AED 936 million and total assets totaling AED 30.4 billion.

KEY INFORMATION

Industry

Commercial Banks, Investment Banks, Mortgage and Home Finance

Address

Al Ittihad Street, Port Saeed, 2668, Dubai, UAE

T

971 4 2121000

F

971 4 2121111

E

-

W

www.cbd.ae

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock 3 July 1969 -

MAJOR SHAREHOLDERS

NameCountry
Abdullah Hamad Al Futtaimindividuals6.95UAE
Abdulwaheed Hassan Mohammed Al Rostamaniindividuals5.75UAE
Al Futtaim Groupcompanies10.51UAE
Investment Corporation of Dubaicompanies20UAE

PORTFOLIO

NameCountry
Al Dana Wealth ManagementUAE
CBD Financial ServicesUAE
National General Insurance CompanyUAE
Rasmala CBD Asset ManagementUAE
Dubai Investments CompanyUAE

OFFICERS

BOARD OF DIRECTORSPosition
Ahmed Humaid Al TayerChairman
Saeed Bin Ahmed GhobashDeputy Chairman
Saeed Mohammed Al GhandiDeputy Chairman
Abdulwaheed Hassan Mohammed Al RostamaniBoard Member
Abdulrahman Saif Ahmad Al GhurairBoard Member
Saeed Mohammed Al MullaBoard Member
Khaled Juma Al MajidBoard Member
Omar Abdullah Al FuttaimBoard Member
MANAGEMENTPosition
Peter BaltussenChief Executive Officer
Yacoub Yousuf HassanDeputy Chief Executive Officer
Ibrahim AbdullaGeneral Manager - Administration and Finance
Mahmoud HadiGeneral Manager - Systems and Operations
Faisal Hassan GaladariGeneral Manager - Business Group
Ahmed ShaheenGeneral Manager - Credit
Nabil TayyebHead of Attijari Al Islami
SHARIA BOARDPosition
Hussain Hamed HassanChairman

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