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Here's how to make the most out of your loan with us.
Visit our dedicated support center for answers to all your banking-related questions.
Our various FX products and services help you conduct your international transactions easily.
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Our wealth solutions help you manage your financial future better and achieve your financial goals.
Life is uncertain but you can be prepared to face adversity with our wide range of insurance plans.
Access to over 11,000 stocks and ETFs in Global and UAE markets
Visit our dedicated support center for answers to all your banking-related questions.
Everyday banking is a lot easier with our digital banking platforms and services.
Discover more about banking with usWe have over 200 branches and 900 ATMs and CDMs across the UAE and overseas.
Learn more about our services and get the most out of your banking relationship with us.
Visit our dedicated support center for answers to all your banking-related questions.
Introducing Signature, a programme of distinction reserved for the upper crust of Emirates NBD
Our wealth solutions help you manage your financial future better and achieve your financial goals.
Life is uncertain but you can be prepared to face adversity with our wide range of insurance plans.
Everyday banking is a lot easier with our digital banking platforms and services.
Learn more about our services and get the most out of your banking relationship with us.
We welcome you to a bespoke banking experience tailored to suit your private banking & wealth management needs, should you, your family, or your business have USD 5 Million (or currency equivalent) and above as Assets Under Management with us.
Start your banking journey with the leading bank in the region.
Discover the benefits of being our customer by browsing through our banking packages.
Learn more about banking packagesLearn all about how to use your account's features and benefits to the fullest.
Visit our dedicated support center for answers to all your banking-related questions.
All our cards offer you an exciting range of rewards and benefits.
Find a suitable card and applyGet the most out of your credit card by exploring its different benefits.
Learn all about how to use your card's features and benefits to the fullest.
Visit our dedicated support center for answers to all your banking-related questions.
Here's how to make the most out of your loan with us.
Visit our dedicated support center for answers to all your banking-related questions.
Our various FX products and services help you conduct your international transactions easily.
Our wide range of transfer options make it easier for you to send money locally and internationally.
Learn all about how you can seamless use our services to transfer money.
Our wealth solutions help you manage your financial future better and achieve your financial goals.
Life is uncertain but you can be prepared to face adversity with our wide range of insurance plans.
Access to over 11,000 stocks and ETFs in Global and UAE markets
Visit our dedicated support center for answers to all your banking-related questions.
Everyday banking is a lot easier with our digital banking platforms and services.
Discover more about banking with usWe have over 200 branches and 900 ATMs and CDMs across the UAE and overseas.
Learn more about our services and get the most out of your banking relationship with us.
Visit our dedicated support center for answers to all your banking-related questions.
Start your Priority Banking journey and live your success
Introducing Signature, a programme of distinction reserved for the upper crust of Emirates NBD
Our wealth solutions help you manage your financial future better and achieve your financial goals.
Life is uncertain but you can be prepared to face adversity with our wide range of insurance plans.
Everyday banking is a lot easier with our digital banking platforms and services.
Learn more about our services and get the most out of your banking relationship with us.
We welcome you to a bespoke banking experience tailored to suit your private banking & wealth management needs, should you, your family, or your business have USD 5 Million (or currency equivalent) and above as Assets Under Management with us.
Emirates NBD sees corporate governance as critical and crucial to achieve its primary goal of creating a sound working environment, achieving better performance and long-term value for all stakeholders. Governance frameworks enable the Group to reduce risk and manage change in-line with achieving its strategic objectives.
The Group also seeks to enhance the performance of the Company's Board of Directors, strengthen internal control, follow up the implementation of strategies and define the roles and powers of shareholders, the Board of Directors and the Executive Management, in addition to stressing the importance of transparency and accurate disclosure of information used in accordance with international best practice.
Transparency and accountability are central to Emirates NBD's business, ensuring that the controls necessary for effective risk management, regulatory compliance, and accurate disclosure of information to the market are in place. Emirates NBD is committed to operating according to international best practice.
Emirates NBD fosters excellent professional relationships both internally - between the bank's Board, its Committees and its Executive Management team and externally, with shareholders, the Central bank, and other regulatory bodies, and the business communities the Group operates in.
We as a Group, abides by all international banking regulations, UAE central bank rules and DIFX stipulations. The Group's Risk and Capital Management fully complies with Basel II requirements and Anti Money Laundering laws.
The Board strongly promotes good corporate governance in order to achieve superior performance, while maintaining conformity with laws and regulations. The Board adopts innovative tools in its governance and compliance systems to be in line with best corporate practices.
The Board
The Group's Board of Directors meets at least five times during the year, and is comprised of nine prominent members of the local business community, all of whom are leaders in their respected industries.
Mr. Ahmed Alkhalfawi, in his capacity as the Group Company Secretary, supports the Board by ensuring that regulatory obligations and corporate governance requirements are met. He manages the operations of the company's formal decision making, safeguarding that all appropriate procedures are followed.
As provided in Emirates NBD's Articles of Association, the Board of Directors is responsible for the overall direction, supervision and control of Emirates NBD Bank P.J.S.C. The Board's mandate covers the formal agenda for the overall strategy and oversight of the corporate structure, financial reporting, internal controls, risk management policies, as well as approval of the Annual Report and corporate dividends. The members of the Board comprise a suitable balance of executive, nonexecutive and independent Directors.
Emirates NBD's Board of Directors includes:
Name | Position |
---|---|
H.H. Sheikh Ahmad Bin Saeed Al Maktoum | Chairman |
Mr. Hesham Abdulla Al Qassim | Vice Chairman |
H.E. Mohamed Hadi Ahmad Al Hussaini | Director |
H.E. Huda Sayed Naim Al Hashimi | Director |
Mr. Jassim Mohammed Al Ali | Director |
H.E. Khalid Juma Al Majid | Director |
Mr. Buti Obaid Al Mulla | Director |
Mr. Salem Mohammed Obaidalla | Director |
Mr. Ali Humaid Al Owais | Director |
Board Committees
There are five Board Committees that assemble regularly to govern Emirates NBD Bank's activities on behalf of its stakeholders:
Board Executive Committee:
Name | Position |
---|---|
Mr. Hesham Abdulla Al Qassim | Chairman |
H.E. Mohamed Hadi Ahmad Al Hussaini | Member |
Mr. Ali Humaid Al Owais | Member |
Mr. Salem Mohammed Obaidalla | Member |
The Board Executive Committee acts on behalf of the Board on urgent matters arising between regular Board meetings when it is not possible to assemble a Board meeting. The Committee exercises the powers of the Board in the supervision and oversight of Emirates NBD Group affairs.
Board Audit Committee (BAC)
Name | Position |
---|---|
Mr. Jassim Mohammed Al Ali | Chairman |
Mr. Hesham Abdulla Al Qassim | Member |
Mr. Salem Mohammed Obaidalla | Member |
The Board Audit Committee assembles quarterly and is responsible for ensuring quality control in Emirates NBD Group's financial reporting and compliance processes. The Board Audit Committee oversees and monitors all the internal controls and systems in place for financial reporting, and ensures legal and regulatory compliance on financial matters. The Committee is responsible for framing policies on internal audit, overseeing financial reporting process, providing oversight and interacting with the Group's external and internal auditors.
Please click here to view the Internal Audit Charter.
Board Risk Committee Members (BRC)
Name | Position |
---|---|
Mr. Ali Humaid Al Owais | Chairman |
Mr. Hesham Abdulla Al Qassim | Member |
Mr. Salem Mohammed Obaidalla | Member |
The Board Risk Committee shapes the overall philosophy and approves all risk management frameworks. The Committee also supervises the establishment and operations of risk management systems and receives regular reviews on their effectiveness. It is also responsible for Emirates NBD Group's corporate and risk governance framework, which includes reviewing, approving and monitoring various Group Risk Management Procedures, Group Risk appetite and the Overall Risk Profile. The Committee also supervises Basel II and III related activities. It assembles on a quarterly basis.
Board Nomination and Remuneration Committee (BN&RC)
Name | Position |
---|---|
Mr. Buti Obaid Buti Al Mulla | Chairman |
Mr. Hesham Abdulla Al Qassim | Member |
Mr. Ali Humaid Al Owais | Member |
The Committee reviews and guides Management on strategic Human Resources (HR) decisions that are related to executive succession planning, nationalisation strategy, top management appointments and remuneration policies. The Committee assembles on a quarterly basis and ensures that the Group's HR policies are practiced in a professional and ethical manner.
Board Credit and Investment Committee
Name | Position |
---|---|
Mr. Hesham Abdulla Al Qassim | Chairman |
H.E. Mohamed Hadi Ahmad Al Hussaini | Member |
Mr. Ali Humaid Al Owais | Member |
Mr. Salem Mohammed Obaidalla | Member |
The Board Credit and Investment Committee assembles as required in order to review and approve the Group's credit exposures and investment portfolios. This highly specialised Committee supports the Board Executive Committee and the Board Risk Committee in actively managing credit and investment risk. It oversees the execution of the Group's credit risk management and reviews the credit profile of material portfolios to ensure that credit risk rating is aligned with business strategy and risk appetite.
Executive Committee Team
The Management Executive Committee (EXCO) manages the Group activities in a manner consistent with the business strategy, risk appetite, remuneration and other policies set by the Board. The EXCO updates the Board periodically with all material matters including changes in business strategy and risk appetite, Group's performance and financial condition, breaches of risk limits or compliance rules, internal control failures, legal or regulatory concerns. EXCO assembles twice a month.
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