Gulf Bank

Financial 2010 2011 $ Growth % Growth
Total Assets 16,395,569,417 17,181,457,548 785,888,131 4.79%
Total Liabilities 14,931,605,774 15,636,819,243 705,213,468 4.72%
Total Income 649,281,768 543,956,202 -99,993,183 -15.53%
Net Attributable 67,934,415 109,926,405 41,991,990 61.81%
Return On Assets 0.41% 0.64% 54.41%

Executive Management

Ali Abdul Rahman Al Rashaid Al Bader
Chairman of the Board
Michel Accad
Chief Executive Officer & Chief General Manager

Michel Accad Prior to joining Gulf Bank, from 2006 to 2009, Michel was the Assistant CEO of Arab Bank PLC, with direct responsibility over all banking businesses globally, and served on the Group’s various boards. Before moving to Arab Bank, Michel had spent 27 years with Citigroup, which he joined in 1979. His last position with Citigroup, from 2002 to 2006, was as MD and Division Executive for the Middle East and North Africa region.  Michel has an MBA Honors from the University of Texas in Austin, obtained in 1978.