ADCB Full Form: Know All About ADCB Here!

Its mission is to create long-term customer relationships by providing cutting-edge products and outstanding service. Their goal is to be the most preferred bank in the UAE. Customers, competitors, and the community at large regard ADCB as a constantly innovating, financially successful organization with the most outstanding level of ethics.

Organizational Structure of ADCB

The bank’s main decision-making body is the board of directors. It is responsible for directing, overseeing, and controlling the bank and is accountable to the shareholders for producing and developing long-term shareholder value through its business direction and oversight. It establishes the bank’s objectives, strategies, and policies. The board monitors the bank’s performance and oversees the bank’s management.

The board has established a rolling agenda to ensure that each task is met regularly, while other agenda items are considered on an as needed basis.

Name	Designation
H. E. Khaldoon Khalifa Al Mubarak	Chairman (Independent, Non-Executive Director)
H. E. Hussain J. AlNowais	Vice-Chairman (Independent, Non-Executive Director)
Khaled H. Alkhoori	Independent, Non-Executive Director
Khalid Deemas Alsuwaidi	Independent, Non-Executive Director
Aysha Al Hallami	Independent, Non-Executive Director
Carlos Obeid	Independent, Non-Executive Director
Saeed Mohamed Hamad Almazrouei	Independent, Non-Executive Director
Ahmed Saeed Al Calily	Independent, Non-Executive Director
Mohamed Ali Aldhaheri	Independent, Non-Executive Director
Sheikh Zayed Bin Suroor Al Nahyan	Independent, Non-Executive Director

Segments of ADCB

The three segments in which the bank operates are wholesale banking, property management, and investment and treasury.

• Wholesale Banking: Business banking, cash management, trade finance, corporate finance, small and medium firm financing, investment banking, Islamic financing, infrastructure, asset finance, and government and public companies are all part of the wholesale banking market.
• Property Management: The property management segment includes the group’s real estate management, engineering service businesses, and rental income from its buildings.
• Investment and Treasury: Central treasury operations, management of the group’s investment portfolio and interest rate, currency, commodities derivatives portfolio, and Islamic financing are part of investment and treasury.

Key points about ADCB

1. The Abu Dhabi Investment Council (ADIC) owns around 60.2% per cent of ADCB while individuals and businesses own the rest.
2. ADCB is the UAE’s third-largest bank in terms of balance sheet size, and it provides a wide range of business and retail banking services to its customers.
3. As of September 30, 2018, ADCB has over 5,000 employees representing retail and corporate customers.
4. ADCB has 56 branches in the United Arab Emirates.
5. ADCB operates out of regional offices in Singapore and London.
6. In January 2019, ADCB, Union National Bank (UNB), and Al Hilal Bank accounted for a three-bank merger.
7. Although Al Hilal Bank operates as an independent Islamic bank under the new brand name, the combined bank operates as ADCB.
8. With over 1 million customers, ADCB is the region’s fifth-largest bank.

Related Articles to Study:
BBK Full Form	IIBI Full Form
BOA Full Form	BMB Full Form
TGB Full Form	AmEx Full Form
KVB Full Form	CUB Full Form
APGVB Full Form	IVB Full Form

Also, Read:

Important Full Forms, Know Complete Details:
TSCAB Full Form	ATM Full Form	FDI Full Form
NEFT Full Form	KYC Full Form	MICR Full Form
RTGS Full Form	UPI Full Form	NSDL Full Form
HDFC Full Form	IBPS Full Form	AMEX Full Form
NABARD Full Form	INR Full Form	PFMS Full Form
ICICI Full Form	IFSC Full Form	ECS Full Form
NBFC Full Form

Why BYJU’S Exam Prep Test Series?

• Unlimited access to 18+ Bank and Insurance Exam mock tests
• Mock Tests designed by Exam Experts.
• Detailed Performance Analysis. 

Download the BYJU’S Exam Prep App Now. 

The most comprehensive exam prep app.

#DreamStriveSucceed