United Arab Bank had recently announced the appointment of Emirati Banker Yousif Al Suwaidi as the Head of Retail Banking. Al-Suwaidi will be powering the expansion drive in the retail banking and wealth management arena.
This drive will in turn be an aid for the digital transformation process apart from empowering the client experience.
Statement from Ahmad Abu Eideh, CEO of the United Arab bank
Commenting on the appointment he stated, “The bank has launched an ambitious digital transformation plan to develop its business, and we are pleased to welcome Yousif Al Suwaidi, who will constitute a valuable addition to the senior management team, and we are confident that he will contribute through his expertise and skills to the development of the bank’s business.”
He further added: “This appointment also confirms our commitment to assigning leadership positions in the bank to qualified UAE nationals.”
Statement from Yousif Al Suwaidi, Head of the Retail Banking
Commenting on his appointment, he stated: “I am pleased to lead the Retail Banking Department and contribute to supporting the bank’s growth and achieving its strategic goals. I am proud to join this prestigious institution and look forward to working hard alongside the senior management team and all employees to develop and grow the bank’s business.”
As per the UAE banking major, United Arab Bank added that Al-Suwaidi has 20 years of expertise within the banking arena. Prior to this role, he had held the position of Head of SME in Al Masraf and Head of Sales Department at Commercial Bank of Dubai. He also operated in global banking institutions, comprising Citibank and ABN Amro. Al-Suwaidi holds a BA in Business Administration from the Lebanese American University.