2011 – A Year in Review
2011 was a very active year for ADCB, distinguished by outstanding business performance, expansion, sustained commitment to Emiratisation, and intensive involvement in community projects.

The most significant highlight of the year was the sale of the Bank’s interest in RHB Capital Berhard at a profit of AED 1.3 billion. The signing ceremony was witnessed by HH General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the YAB Dato’ Sri Mohd Najib Tun Abdul Razak, Prime Minister of Malaysia. The ceremony was also attended by senior UAE and Malaysian officials.

January 2011

Signing agreement with Bank of America Merrill Lynch.  
February 2011

ADCB opened its new Sheikh Zayed Road branch, bringing the total across the UAE to 48. Eissa Mohammed Al Suwaidi, the Chairman of ADCB, formally opened the branch at a ceremony attended by ADCB Board Members, Ala’a Eraiqat, Chief Executive Officer, Executive Management Members, VIP customers, and employees.  
             
March 2011

ADCB participated in the Abu Dhabi University Career Fair 2011.

 
April 2011

HH President of the UAE Polo Cup, presented by ADCB.

 
May 2011

ADCB’s UAE National Development Forum is an initiative unique in the UAE banking industry, bringing together Emiratis working at ADCB and members of government organisations.

 

Ali Darwish, Head of Human Resources at the UAE National Forum.

 

ADCB staff at the UAE National Forum May 2011.

   
 
             

An ADCB open day fully immersed more than 60 Emirati jobseekers in the Bank’s operations and employee roles, enabling them to learn what is required of potential candidates.

June 2011

             

The sale of the RHB signing ceremony was witnessed by HH General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the YAB Dato’ Sri Mohd Najib Tun Abdul Razak, Prime Minister of Malaysia. The ceremony was also attended by senior UAE and Malaysian officials.

July 2011

ADCB became the world’s first bank to offer ‘Mobi’,
a patented mobile payment service.

 

ADCB was named ‘Best Commercial Bank’ at the Banker Middle East Industry Awards 2011, competing against banks from across the GCC, Jordan,
and Lebanon.

August 2011

ADCB periodical board meeting.

             
             
ADCB re-launches Islamic Banking, with a new logo and marketing campaign.

 

 

September 2011

ADCB held its second UAE National Forum for all Emirati officers and some executive staff members based in Dubai, Sharjah, and the Northern Emirates.

The UAE National Development Forum offered Emiratis working at ADCB the opportunity to strengthen their network, while showcasing ADCB’s latest strategy on Emiratisation and presenting key business trends and information on the development needs of UAE nationals.

     
 
ADCB and the Export-Import Bank of Korea (KEXIM) signed a partnership agreement to provide comprehensive financing for trade companies in the UAE and Korea. The MoU will help support and finance the significant trade flows of capital and goods between the two countries, and underscores the importance of the UAE as a trade partner for Korea and Korean companies.
     

ADCB was the only Middle East bank to host a reception at the International Monetary Fund in Washington DC. Many of the world’s leading financial and economic thinkers attended.

 

The first 14 Emirati employees graduated from ADCB’s Aspiring Managers programme, a 10-month course designed to prepare national staff for management positions within their respective industries – incorporating classroom work, practical business projects, and workshops.

October 2011

ADCB and Khalifa Fund for Enterprise Development entered into an exclusive and unique partnership to support SME’s across the UAE. The alliance was created to jointly facilitate the mobilisation of funds to new and budding entrepreneurs and existing small and medium-scale enterprises for growth and expansion.

             

Under the patronage of HE Sheikh Hamdan bin Mubarak Al Nahyan, Minister of Public Works and Chairman of the National Corporation of Tourism & Hotels (NCTH), ADCB and NCTH announced the financing of the new five-star Hotel Le Bristol in Abu Dhabi.

             
 

The Bank was title sponsor of ‘Pink Polo’ held at Ghantoot Racing & Polo Club in Abu Dhabi and the ‘Pink Walkathon’ at Burjuman Mall in Dubai.

November 2011

ADCB launches offshore banking with the opening of its Jersey Branch, catering to high net worth Excellency clients and Privilege Club members and providing national and expatriate customers with a wide range of products and services.

             
 

Emirates Woman, Woman of the Year in association with ADCB.

             
 

ADCB entertains clients at the Abu Dhabi Grand Prix.

December 2011

HE Sheikh Nahyan Bin Mubarak, Minister of Higher Education and Scientific Research, attended the signing ceremony between ADCB and HCT.

             

HE Sheikh Nahyan Bin Mubarak Al Nahyan, Minister of Higher Education and Scientific Research addressing the audience of students and bank staff.

             

ADCB celebrates the 40th National Day of the UAE

A group of ADCB National staff outside head office during the National Day celebrations.

             

ADCB staff with HE Sheikh Nahyan Bin Mubarak Al Nahyan during the Tawdeef career fair in Abu Dhabi.

 

All ADCB branches were decorated to celebrate the 40th anniversary of UAE National Day and the head Office draped with a flag more than 100 metres long. At night the building was lit in a dazzling display of UAE national colours.