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National Bank of Abu Dhabi (NBAD), The Number One Bank in the UAE, will host a lecture on the current economic crisis - as part of its Awareness Sharing Knowledge (A.S.K.)” lecture series- on Sunday May 10th, 2009 at 7:30 PM at NBAD’s head office in Abu Dhabi.

The lecture, titled “When Everything is Up for Grabs: The True Origins of Today’s Economic Collapse and What to Do about It”, will be delivered by Dr. Horace “Woody” Brock, President and Founder of Strategic Economic Decisions (SED), the prestigious economic think tank which specializes in applications of the modern “Economics of Uncertainty”.

“Dr. Brock is the perfect choice to discuss world economy’s dominant issues at this critical stage of the global economic meltdown. He is highly respected and a world renowned economist specialized in the modern economics of uncertainty, which was developed to forecast and assess risks in the international economy and its asset markets,” said Mr. Abdulla Mohammed Saleh Abdul Raheem, NBAD’s Senior General Manager and Group Chief Operating Officer.

Dr. Brock is holder of five academic degrees; he earned his B.A., M.B.A., and M.S. from Harvard University, and his M.A. and Ph.D. from Princeton University in Mathematical Economics and Political Philosophy. Dr. Brock studied under Kenneth J. Arrow, Professor of Economics, and John C. Harsanyi, Professor of Economics, University of California, Berkeley, both winners of the Nobel Prize in Economics. He was also elected an Andrew Mellon Foundation Bicentennial Fellow in 1976.

“It is a valuable opportunity for our stakeholders, and members of the community to share views with and gain knowledge from a leading expert in world economy, especially as it comes in a time characterized by uncertainties,” NBAD’s Senior General Manager and Group Chief Operating Officer added.

As a speaker, Dr. Brock is renowned for his ability to take complex and counter-intuitive concepts and make them accessible to a very broad range of people. His speaking engagements have included the World Economic Forum in Davos and the Aspen Institute of the Humanities. He has contributed numerous essays to professional publications as well as the Op-Ed pages of the New York Times and the International Herald Tribune.

“NBAD has played significant and leading roles in the economic and social development of the UAE for over forty years. The ASK lecture series are designed to meet the needs of our stakeholders and are part of NBAD’s corporate social responsibility community investment approach. We aim to provide our stakeholders with access to engaging with and learning from world class leaders on current business and market topics and issues,” said Ms. Belinda Scott, NBAD’s CSR Officer.

NBAD’s ASK lecture series was launched in 2005 to encourage professional learning and information sharing. The ASK lectures provide an interactive forum for customers, employees, business partners, and members of the community to acquire knowledge and share up-to-date information, market news and consider future opportunities.

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