Commercial Bank of Dubai, one of the leading financial institutions in UAE, announced the appointment of Khaled Rasheed Al Hammadi as its new Head of Sales and Distribution. The appointment is in line with the Bank’s Emiratization strategy.
Al Hamadi has more than 20 years of experience in the financial industry. In his new position, he will be responsible for the sales and service performance of the Bank’s branches network and its day-to-day operation.
Prior to joining CBD Al Hammadi was the Head of Distribution for Dubai and Northern Emirates in the Personal Banking Group of First Abu Dhabi Bank (FAB). Previously he spends over 17 years with HSBC and served as Deputy Head of Branches in Retail Banking and Regional Head of Amanah. Khaled received his Bachelor of Science degree from Virginia Commonwealth University in the US.
Commenting on the appointment, Dr. Bernd van Linder, CEO of Commercial Bank of Dubai said: "We are delighted to welcome Khaled to Commercial Bank of Dubai and wish him success in his new role. With his vast experience and fresh ideas, I am confident in his ability to play an important role in realizing our growth plans and to lead our continued efforts to enrich our customers’ experience.”
Commercial Bank of Dubai's commitment ensuring high potential Emiratis nationals take up leadership positions at the Bank is an integral element of the bank's strategy. Currently, CBD boasts an Emiratization ratio of 41%.
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