Tuesday 14, November 2017 by Matthew Amlôt

ADIB appoints Mohamed Aly as CEO and MD of ADIB Egypt

Abu Dhabi Islamic Bank (ADIB) has appointed Mohamed Aly as Chief Executive Officer of ADIB Egypt.

Mohamed has over 30 years of international experience in the financial services and banking industry having held senior leadership roles at several banks in the MENA region. Prior to joining ADIB, Mohamed was the CEO at Mashreq Bank’s Egypt business. He has also held senior positions at Credit Agricole, National Bank of Abu Dhabi and American Express, bringing ADIB extensive experience from working across corporate, retail and private banking, as well as an in-depth knowledge of the Egyptian market.

Commenting on Mr. Aly’s appointment, Fareed Bilbeisi, Acting Chairman of ADIB - Egypt, said, “Mohamed’s wide-ranging experience will add immediate value to ADIB - Egypt, a business which continues to deliver excellent performance and growth. In Egypt we have built a strong and talented management team which allows us to deliver best-in-class Shari'a-compliant solutions tailored to meet the needs and objectives of every customer. Mohamed will play a key role in building on this track record by leveraging our scale, network and digital prowess to capture strategic opportunities across Egypt."

Mohamed Aly added, “I’m delighted to be joining ADIB - Egypt at such an exciting time for the Bank. In the current climate, there is a real opportunity to differentiate ADIB - Egypt offering, employing the Bank’s leading technology and talented team to add value to clients across all banking segments in the Egyptian market. I look forward to enhancing ADIB -Egypt strong reputation in the country and as a bank which puts customers’ financial interests first.”