Abu Dhabi, United Arab Emirates : Abu Dhabi Islamic Bank (ADIB), one of the leading Islamic financial institutions, announced the appointment of Mr. Hakim El Karoui as Global Head of Corporate Banking, a move that underscores the bank’s commitment to accelerating growth and enhancing its capabilities in corporate banking.

He will lead the corporate banking group's operations and oversee the continued development of corporate and institutional banking services, with a focus on providing integrated solutions that support customers across different sectors.

Hakim has over 27 years of experience in the financial services and banking sector, with a proven track record of success in the Middle East and North Africa region and international markets. His expertise spans diverse areas including corporate and investment banking, risk management, capital markets, and transaction banking.

Prior to joining Abu Dhabi Islamic Bank, Hakim served as Managing Director and Co-Head of Global Corporate and Investment Banking for the Middle East and North Africa at Bank of America Merrill Lynch, based in Dubai, since 2012. He also spent more than a decade at Citigroup, holding leadership positions across the Middle East and Africa .

Mohammed Abdul Bari, Group CEO of Abu Dhabi Islamic Bank , said: “We look forward to the leadership experience that Hakim will bring to his new role, and we are confident that his extensive experience will contribute to strengthening the capabilities of the Corporate Banking Group and supporting the bank’s continued growth. His deep knowledge of corporate banking and his advanced understanding of regional and international markets will play a pivotal role in developing our offerings and enhancing the value provided to our customers.”

This appointment comes at a time when Abu Dhabi Islamic Bank continues to accelerate its growth by leveraging its competitive advantages, while continuing to implement its strategy within its 2035 vision. The bank affirms its commitment to providing innovative solutions that meet customer needs and to strengthening its presence as a leading Islamic financial institution.

Abu Dhabi Islamic Bank continues to strengthen its role as a preferred partner in supporting the national economy, by enabling companies to grow and expand, and contributing to the establishment of a more diversified, flexible and sustainable economic system.

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An overview of Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank (ADIB) is one of the leading banks in the UAE, with assets exceeding AED 281 billion. The bank is distinguished by its superior online, smart device, and mobile banking services, providing customers with easy access to their accounts around the clock. ADIB offers a wide range of banking products and services for individuals, businesses, and corporations, in addition to private banking and wealth management solutions. Established in 1997, ADIB's shares are traded on the Abu Dhabi Securities Exchange (ADX) under the symbol ( ADXB ). ADIB has a strong presence in five strategic markets, including Egypt, where it operates 75 branches, as well as Saudi Arabia, the UK, Qatar, and Iraq. The bank was named "World's Best Islamic Bank" by The Banker magazine, part of the Financial Times Group. ADIB has a proven track record of innovation, including its award-winning Ghina savings account, cards covered in partnership with Emirates, Etihad Airways, and Etisalat, and a comprehensive suite of financing products.

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