According to the Emirates News Agency, the registered shareholders of the bank on Thursday, 5 March 2020, meaning buyers on Tuesday, 3 March 2020, are entitled to cash dividends.
After the election of the new members of the Board of Directors for a period of three years, the First Abu Dhabi Bank approved an increase in the number of new members of the Board from 9 to 11 members .. His Highness Sheikh Tahnoon bin Zayed Al Nahyan, His Excellency Sheikh Mohammed bin Saif bin Muhammad Al Nahyan and His Excellency Jassem Muhammad Buataba Al Zaabi / new member / His Excellency Dr. Sultan Ahmed Al-Jaber / New Member / His Excellency Sheikh Ahmed Muhammad Sultan Al Dhaheri, His Excellency Jassim Muhammad Al Siddiqi, His Excellency Khalifa Sultan Al Suwaidi, His Excellency Muhammad Thani Murshid Ghanem Al Rumaithi, His Excellency Muhammad Saif Al Suwaidi and His Excellency Walid Al Muqrab Al Muhairi / New Member / and His Excellency Abdul Hamid Saeed / New Member /.
After completing their membership of the Board of Directors of First Abu Dhabi Bank, they will leave: His Excellency Khaldoun Khalifa Al Mubarak and His Excellency Nasser Ahmed Khalifa Ahmed Al Suwaidi.
His Highness Sheikh Tahnoon bin Zayed Al Nahyan, National Security Adviser and Chairman of the First Abu Dhabi Bank, said: The establishment of the First Abu Dhabi Bank in 2017 marked a milestone in the history of the banking sector in the region, where the bank has a prominent position on the international level thanks to its AA- rating. It relies on the expertise of its highly qualified and diversified employees, which enables First Abu Dhabi Bank to contribute to economic development at the local and regional levels.
His Highness, His Excellency Khaldoon Khalifa Al Mubarak and His Excellency Nasser Ahmed Khalifa Ahmed Al Suwaidi thanked the members of the Board of Directors whose term expired for their contribution and valuable guidance to the bank and the growth of the region.
His Highness also welcomed the four new members, from the pioneers at the regional level, and said: We look forward to benefiting from their vast competencies and experiences to continue our march towards development and achievement and play a pivotal role in developing the country's economy, for a sustainable future for future generations.
His Highness added: In less than three years, the First Abu Dhabi Bank was able to consolidate its position by contributing to achieving the economic vision of the Emirate of Abu Dhabi, and in the markets in which we operate and during this period, Abdul Hamid Saeed played a pivotal role in achieving this achievement as the bank under his administration recorded significant growth To become the largest bank in the UAE with a total assets of 822 billion dirhams, 224 billion US dollars at the end of December 2019 ... while André Sayegh was nominated to fill the position of the new CEO of the group to succeed His Excellency Abdul Hamid Saeed, who was appointed as a member of the bank's board of directors.
On his part, His Excellency Abdul Hamid Saeed said: I am very proud and proud of the progress of the first Abu Dhabi Bank and being one of the most prominent financial institutions in the region. From here, I would like to extend my sincere thanks to His Highness ...
