Announcement of Senior Management Changes at Commercial Bank

 

Colin Macdonald is appointed Deputy Chief Executive Officer. Fahad Badar currently EGM, Head of Wholesale becomes EGM, Chief International Officer and Head of Private Banking. Raju Buddhiraju will join the Bank in January 2015 as EGM, Head of Wholesale.  Dean Proctor, currently Head of Retail, becomes EGM, Head of Retail and Enterprise.

 

The Bank’s Chairman, H.E. Sheikh Abdullah bin Ali bin Jabor Al-Thani, said: "I would like to congratulate all the senior managers on their new roles which strengthens the leadership and puts the bank on a firm footing for growth and continued profitability."

 

Mr. Hussain Al Fardan, Vice Chairman and Managing Director, added: "The changes made today under the leadership of Abdulla Al Raisi, Chief Executive Officer, creates a strong team to deliver our ambition for Commercial Bank both domestically and internationally.  ”

 

Mr. Abdulla Al Raisi, Chief Executive Officer commented: "These announcements made today create an Executive team with considerable and in-depth banking experience who, together with the other executive team members, will support me in the delivery of our ambitious plans for profitable growth. I would like to personally congratulate the individuals and wish them every success in their new roles. ”