Monday, 01 December 2008 | 19:46 UAE time
COMPANIES
Abu Dhabi Commercial Bank
- 2.50 Last
- -0.12 (-4.49%) Today's Change
- 1.76m Volume
- 2.14-5.93 52 Week Range
- -3.06 (-55.04%) 52 Week Change
COMPANY DESCRIPTION
Abu Dhabi Commercial Bank is 65 percent owned by the state-controlled Abu Dhabi Investment Council, and is the United Arab Emirates' third-biggest bank by assets.The bank changed its name from Khalij Commercial Bank to Abu Dhabi Commercial Bank after merging with Emirates Commercial Bank and Federal Commercial Bank on 1 July 1985.
The bank is a public shareholding company with limited liability, and was incorporated in Abu Dhabi in 1975, to carry on retail, commercial, investment and merchant banking through a 33-branch network spread across the UAE, in addition to two branches in India and an offshore banking unit in the Cayman Islands.
KEY INFORMATION
Industry
Asset Management, Commercial Banks, Commodity Brokers, Investment Banks, Investment Funds, Mortgage and Home Finance, Stock Brokers
Address
Al Salam Street, 939, Abu Dhabi, UAE
T
971 2 6962222
F
971 2 6450384
E
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 1 Jul 1985 | - |
MAJOR SHAREHOLDERS
| Name | Country |
|---|---|
| Abu Dhabi Investment Council | UAE |
PORTFOLIO
| Name | Country |
|---|---|
| Abu Dhabi Commercial Properties | UAE |
| Abu Dhabi Risk & Treasurey Solutions | UAE |
| ADCB Macquarie Corporate Finance | UAE |
| ADCB Macquarie Real Estate Capital | UAE |
| Al Barari Development Company | UAE |
| Al Dhabi Brokerage Services | UAE |
| ALDAR Properties | UAE |
| Emirates Industrial Bank | UAE |
| Gulf Merchant Group | UAE |
| RHB Capital | Malaysia |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Eissa Mohammed Ghanem Al Suwaidi | Chairman |
| Mohammed Sultan Abdullah Ghanoom Al Hameli | Board Member |
| Rashed Humaid Ali Al Mazroui | Board Member |
| Mohammed Darwish Mohammed Hussein Ali Al Khouri | Board Member |
| Aamer Abduljalil Mohammed Abdulraheem Al Fahim | Board Member |
| Abdullah Khalil Mohammed Samea Al Mutawa | Board Member |
| Jean Paul Villain | Board Member |
| Mohammed Ali Al Dhaheri | Board Member |
| Salem Mohammed Al Ameri | Board Member |
| MANAGEMENT | Position |
| Eirvin Knox | Chief Executive Officer |
| Steven Dickens | Chief Operating Officer |
| Martin Mayne | Senior Vice President - Derivatives & Commodities |
| Khaldoun Saboubeh | Vice President - Treasury & Investment |
| Hassan Jarrar | Head of Commercial Banking |
| Norman Alexander | Head of Strategic Planning |
| P. Sundar | Head of Retail Assets |
| Seumas Jallacher | Head of Corporate Banking Group |
| Ahmad Barakat | Head of Investment Services |
| Bassam Dawood | Head of Credit |
| Rizwan Sheikh | Head of Card Center |
| Alok Kakar | Head of Startegy Implementation |
| Fatima Al Mansour | Head of Branches |
| Alaa Erikat | Head of UAE Banking |
| Abdirizak Ali | Head of Internal Audit |
| Sultan Al Mahmoud | Head of Human Resources |
| Zaki Hamadani | Head Legal & Special Assets Management |
| Lee North | Head of Information Technology |
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Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details.
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