FAB Reshuffles Senior Management
Portfolio - People | Jan 15, 2025 | Zawya
First Abu Dhabi Bank (FAB), the UAE's largest lender by assets, has announced significant changes in its senior management team as the year begins. Notably, Sameh Al Qubaisi, who was the Group Head of Global Markets, and Suhail Bin Tarraf, the Group Chief Operating Officer, have both tendered their resignations. Al Qubaisi had a pivotal role in expanding FAB's global markets reach both regionally and internationally. Prior to joining FAB, he held several key positions at the Abu Dhabi Department of Economic Development, including Director General of Economic Affairs. These leadership changes come as FAB seeks to realign its strategic objectives and operational goals.
Sectors
- Finance
Geography
- United Arab Emirates – The changes in senior management pertain to First Abu Dhabi Bank, a leading financial institution headquartered in the UAE.
Industry
- Finance – The article discusses changes within First Abu Dhabi Bank, which is a major player in the banking and financial services sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| First Abu Dhabi Bank (FAB) | Target Company | Company | FAB is the UAE's largest lender by assets, known for its significant influence in the regional financial sector. |
| Sameh Al Qubaisi | Former Group Head of Global Markets | Person | Key executive responsible for expanding FAB's global market presence. |
| Suhail Bin Tarraf | Former Group Chief Operating Officer | Person | Executive who resigned from his role as COO at FAB. |
| Zawya | Source | Company | News aggregator and financial information publisher providing the report on FAB's management changes. |