Dubai-based Commercial Bank International (CBI), a leading financial institution in the UAE, has appointed Mamoon Abdel Kader as its new head of Islamic Banking.

Mark Robinson, chief executive officer of CBI said: “We are pleased to welcome Mamoon into the CBI family at this exciting time of change and growth. As a seasoned banker, Mamoon has the deep knowledge of Islamic our customers need and we are confident his experience will add considerable value to our expanding team. Mamoon will lead our Islamic banking business and develop our Shari’a compliant offering into a leading service for the commercial sector.”
 
Kader, whose previous position was regional head of Corporate Banking at Emirates Islamic Bank, will lead CBI’s expanding Islamic banking team.

“The future of the Islamic banking industry in the UAE is extremely promising and the introduction of our Islamic banking window will allow CBI to further its position within this growing market,” Kader said.

“This is an exciting time for CBI and I am delighted to be part of the team and to be leading the development of this important initiative for our customers.” – TradeArabia News Service