Head of global markets resigns at First Abu Dhabi Bank – sources

This post was originally published on this site

https://i-invdn-com.akamaized.net/news/LYNXNPEAAP0BV_M.jpg
© Reuters. Head of global markets resigns at First Abu Dhabi Bank - sources© Reuters. Head of global markets resigns at First Abu Dhabi Bank – sources

DUBAI (Reuters) – The head of global markets at First Abu Dhabi Bank (FAB) has resigned, two sources familiar with the matter told Reuters on Monday.

Mahmood Al Aradi is leaving the United Arab Emirates’ largest lender for personal reasons, the sources said.

Al Aradi was with National Bank of Abu Dhabi (NBAD) before it was merged with First Gulf Bank to become FAB in 2017.

His resignation follows the departure from FAB of several other senior executives who were previously working at NBAD.

FAB, in response to Reuters questions, confirmed that Mahmood Al Aradi will be leaving the group for his retirement.

Azzam Anani has been appointed as Senior Managing Director, Head of Global Markets at FAB, with effect from January 1st, 2020, FAB said in a statement.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.