UAE's largest lender confirms departure of four senior managers

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Four top managers at National Bank of Abu Dhabi (NBAD) have resigned from the lender, effective from Jan. 1, 2017, it said on Thursday.

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Abdulla Mohammed Saleh AbdulRaheem, deputy group chief executive, and Qamber al-Mulla, senior managing director and chief executive of Gulf and international, had both left the bank, it said.

Saif al-Shehhi, senior managing director, UAE government and key Abu Dhabi-based clients, and Abdulla al-Otaiba, senior managing director and group head of global retail & commercial had also left, the bank said.

Reuters reported the departure of the four on Dec. 28, citing sources.

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