Sunday, 08 November 2009 | 15:14 UAE time
COMPANIES
Abu Dhabi Commercial Bank
- +2.17 Last
- +0.03 (+1.41%) Today's Change
- 328,604 Volume
- 1.34-2.64 52 Week Range
- -0.16 (-6.87%) 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 July 1985 | - |
MAJOR SHAREHOLDERS
| Name | Country | ||
|---|---|---|---|
| Abu Dhabi Investment Council | companies | 64.84 | UAE |
PORTFOLIO
| Name | Country |
|---|---|
| Abu Dhabi Commercial Properties | UAE |
| Abu Dhabi Risk and 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 |
| RHB Capital | Malaysia |
| Real Estate Investment Trust | UAE |
| Drake and Scull International | UAE |
| Abu Dhabi Finance | UAE |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Eissa Mohammed Ghanem Al Suwaidi | Chairman |
| Rashed Humaid Ali Al Mazroui | Board Member |
| Abdullah Khalil Mohammed Samea Al Mutawa | Board Member |
| Aamer Abduljalil Mohammed Abdulraheem Al Fahim | Board Member |
| Mohammed Darwish Mohammed Hussein Ali Al Khouri | Board Member |
| Mohammed Sultan Ghanoom Abdullah Al Hameli | Board Member |
| Jean Paul Villain | Board Member |
| Alaa Erikat | Board Member |
| Mohammed Ali Al Dhaheri | Board Member |
| Salem Mohammed Al Amiri | Board Member |
| MANAGEMENT | Position |
| Eirvin Knox | Chief Executive Officer |
| Steven Dickens | Chief Operating Officer |
| Martin Mayne | Senior Vice President - Derivatives and Commodities |
| Khaldoun Saboubeh | Vice President - Treasury and 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 Strategy Implementation |
| Fatima Al Mansour | Head of Branches |
| Abdirizak Ali | Head of Internal Audit |
| Sultan Al Mahmoud | Head of Human Resources |
| Zaki Hamadani | Head of Legal and Special Assets Management |
| Lee North | Head of Information Technology |
| Alaa Erikat | Chief Executive Officer |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
- Business Analyst, Abu Dhabi, UAE
- Asst to General Manager, Abu Dhabi, UAE
- Office Manager / Secretary, Abu Dhabi, UAE
- Personal Assistant, Qatar, Qatar
- Client Manager, Abu Dhabi, UAE
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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