Bin Ghalaita new CEO of Dubai Bank

Emirates NBD said in a statement on Wednesday that the bank will merge the management teams of its two Islamic subsidiaries, which will be led by Jamal bin Ghalaita.

Dubai's largest bank took over Dubai Bank last year as part of a broader push to support state-linked institutions saddled with bad debts.

Bin Ghalaita will also continue his current role as the chief executive of Emirates NBD's other Islamic unit Emirates Islamic Bank, the bank said.

"The new phase aims at unifying the management teams within our two Islamic arms," Rick Pudner, Group CEO of Emirates NBD.

Emirates NBD has been actively reorganising its management and businesses in recent months.

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