Friday 14 July 2023

First #AbuDhabi (FAB) Veteran Set to Become CEO of #UAE's Ajman Bank - Bloomberg

First Abu Dhabi (FAB) Veteran Set to Become CEO of UAE's Ajman Bank - Bloomberg


Mustafa Al Khalfawi is poised to become chief executive officer of Ajman Bank after resigning from First Abu Dhabi Bank PJSC, the United Arab Emirates’ largest lender.

Al Khalfawi’s new role is still subject to final approvals, according to people with knowledge of the matter, who asked not to be identified because the matter is private. He was FAB’s global head of government, sovereigns and public sector, as well as head of global banking for the UAE.

He will replace Mohammed Abdulrahman Amiri, whose resignation was announced by Ajman Bank earlier this week.

A representative for FAB declined to comment. Al Khalfawi didn’t respond to an email sent to his FAB address and a LinkedIn message.

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