Dubai Islamic Bank (DIB) has appointed Abdulla Al Hamli as the bank’s new chief executive officer.

Al Hamli, who previously served as chief of operations and information technology at DIB, has worked at the bank for nine years, following 16 years in senior positions at leading public and private-sector organisations in Dubai.

Al Hamli, who holds a BSc degree in Economics and Maths from Al Ain University, has completed various international professional development programmes.

Al Hamli currently serves as a member of the board of directors of Deyaar Development.

Commenting on this appointment, Mohammed Ibrahim Al Shaibani, chairman of Dubai Islamic Bank, who also serves as director-general of The Ruler’s Court and board member and chief executive officer of the Investment Corporation of Dubai, said: “Founded more than three decades ago, the bank is focused on providing innovative sharia-compliant products, services and solutions to its retail and institutional clients here in the Gulf and across the world. As CEO, Al Hamli will make a significant contribution to consolidating DIB’s leadership position in the regional and international Islamic banking sector.

“Despite the challenges currently facing the global economy, financial services sector and capital markets, Dubai Islamic Bank’s own long-term organic growth and geographic expansion strategy remains entirely on track. Backed by an exceptional management team and supported by world-class staff, the bank will continue to demonstrate its commitment to leading the Sharia-compliant banking sector and contributing to the economic expansion and diversification of Dubai and the wider region.

“Al Hamli’s mandate, as Chief Executive, includes not just realising this vision of growth and expansion, founded upon the bank’s rock-solid fundamentals. He will also continue to enhance DIB’s already strong corporate governance standards, ensuring that they are clear, consistent and fully in line with international best practice.” - TradeArabia News Service