FAB Adjusts Leadership with Senior Resignations

Portfolio - People | Jan 15, 2025 | Zawya

First Abu Dhabi Bank (FAB), the largest bank in the UAE by assets, has kicked off the year by announcing significant changes to its senior management team. According to a notification sent to its employees, Group Head of Global Markets Sameh Al Qubaisi and Group Chief Operating Officer Suhail BinTarraf have resigned. Sameh Al Qubaisi, who played a critical role in enhancing FAB's global markets presence both regionally and internationally, joined FAB from a senior position at the Abu Dhabi Department of Economic Development. This management restructuring marks an important transition phase for FAB as it adapts to evolving market conditions.

Sectors

Banking and Financial Services
Human Resources in Financial Management

Geography

United Arab Emirates – FAB is the largest bank in the UAE, and the management changes directly affect the banking landscape within the country.
Abu Dhabi – Both the bank, FAB, and some key personnel have strong ties to Abu Dhabi, where changes in economic leadership impact local markets.

Industry

Banking and Financial Services – The article concerns FAB, the largest bank in UAE by assets, indicating its relevance to the commercial banking sector.
Human Resources in Financial Management – The focus on changes in senior management within FAB highlights HR aspects within the financial services industry.

Financials

Participants

Name	Role	Type	Description
First Abu Dhabi Bank (FAB)	Target Company	Company	The largest bank by assets in the UAE undergoing senior management changes.
Sameh Al Qubaisi	Former Group Head of Global Markets	Person	Resigned from his role in leading and expanding FAB's global markets operations.
Suhail BinTarraf	Former Group Chief Operating Officer	Person	Resigned from his operational leadership role at FAB.
Abu Dhabi Department of Economic Development	Previous Employer of Sameh Al Qubaisi	Government	A government department from which Sameh Al Qubaisi joined FAB.