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19 March 2024

We reward whoever shows innovation in his work to serve the country: Mohammed

His Highness Sheikh Mohammed bin Rashid Al Maktoum honours the first cohort of chairmen, vice-chairmen and members of the Board of Directors of Emirates NBD in Dubai on Monday (Wam)

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By Wam

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has honoured the first cohort of chairmen, vice-chairmen and members of the Board of Directors of the former Dubai National Bank, which is now known as Emirates NBD.

Sheikh Mohammed also honoured around 40 heads of the bank's executives, their deputies and directors of the bank, which was established during the lifetime of the late Sheikh Rashid bin Saeed Al Maktoum in 1962. The first Chairman of the National Bank of Dubai was the late Sultan bin Ali Al Owais.

The honouring ceremony, held at Dubai World Trade Centre (DWTC) today, was attended by Dubai Crown Prince, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.

Sheikh Mohammed then watched a documentary about the history of the bank since its establishment and its development in Dubai before the inception of the UAE, and the bank’s contribution to the economic and banking development of the country in general.

The documentary showed that Sheikh Mohammed ordered the merging of National Bank of Dubai with Emirates Bank in 2007 to become one financial entity to be headed by Chairman of Dubai Civil Aviation and Chief Executive of Emirates Group, Sheikh Ahmed bin Saeed Al Maktoum.

The report in the documentary also pointed that Emirates NBD has more than 200 branches locally and globally and serves around a million clients, being viewed as one of the most important contributors to the national economy prosperity.

At Sheikh Saeed‘s Hall, where the honouring ceremony took place, Sheikh Mohammed honoured chairmen, vice chairmen, directors, CEO’s and old and current staff of the bank .

At the end of the ceremony, Sheikh Ahmed bin Saeed Al Maktoum presented Sheikh Mohammed with a souvenir gift before Sheikh Mohammed posed for photographs with the honoured staff.

Sheikh Mohammed thanked the staff for their great achievements in rendering high quality banking services and their contributions to pushing the wheel of national economy progress, in addition to financing a number of developmental projects and investment activities in the UAE and beyond.

In this context, Sheikh Mohammed said, " We reward whoever is devoted to his work and preserves the reputation of our dear country as well as contributes to the development and safeguarding of our national economy. We also reward whoever shows innovation in his work to serve the country and its citizens, cohering to virtues and transparency and giving his country the utmost of his potential and innovative ideas that support our vision for the future of the country and the upcoming generations."

Also present at the ceremony were the Minister of State for Financial Affairs, Obaid Humaid Al Tayer, Governor of the UAE Central Bank, Sultan bin Nasser Al Suweidi, Director-General of Dubai Ruler’s Court, Mohammed Ibrahin Al Shiebani, Director-General of Dubai Protocol and Hospitality, Khalifa Saeed Suleiman, other dignitaries, economists, bankers, senior officials and relatives of the honourees.