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26 May 2024

Adib to hire more staff and expand

By Staff Writer

Abu Dhabi Islamic Bank (Adib) will continue to hire more employees to enlarge its workforce and expand with further investment as part of its strategic plan for the new year.

The bank announced the commitment at a gala dinner at Emirates Palace hotel honouring 70 founder employees who have been with Adib since 1998.

"While the bank acknowledges the changed economic conditions in 2008, Adib has not slowed down its ambitious plans to extend its business footprint in 2009. It is continuing with its strategy to attract and retain the best talent in the Islamic banking industry, and to continually invest in its workforce," the bank said in a statement.

The statement further added the bank is consolidating its workforce via a number of appointments across different divisions in the UAE, strengthening its people-base in line with the organisation's vision to become a top tier Islamic financial services group.

"Over the past few months Adib has significantly bolstered its senior management team with recruitment from the region and beyond, including in the retail, risk management finance and branches divisions. This team building has reinforced Adib's position as one of the fastest-growing Islamic finance institutions," it said.

The bank, which marked its 10th anniversary in November, maintains a staff of 1,500 in the UAE.

The gala dinner was attended by Chairman Jawaan Awaidha Suhail Al Khaili, Managing Director Khamis Bu Haroon, and Chief Executive Officer Tirad Mahmoud

The Adib statement comes after a senior executive said yesterday that National Bank of Abu Dhabi is, and will continue, hiring more staff and also go ahead with its expansion plans to open more branches in Qatar and Hong Kong.