Abu Dhabi Islamic Bank (ADIB)’s Board of Directors has accepted the resignation of Tirad Mahmoud from his position as Group CEO, after being on medical leave since March 2017. The bank said that Khamis Buharoon, ADIB’s Vice Chairman will continue as acting CEO.
AD Isl. Bank (AD): AED3.69 as of 19 Nov. 2017, Rating: Neutral, TP: AED4.10/share, MCap: USD3,185mn, ADIB UH/ADIB.AD
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