Abu Dhabi: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announced the appointment of Talha Karim as its new Group Chief Risk Officer. In his role as Group Chief Risk Officer, Mr. Karim will play a pivotal part in further strengthening ADIB’s risk management capabilities, ensuring the bank continues to proactively identify and manage risks while supporting its strategic objectives for sustainable growth and value creation.

With over 25 years of experience in Risk Management in the banking sector, Talha has worked in both developed and emerging markets. He has led and implemented comprehensive and effective risk related frameworks, ensuring all risks are effectively managed within the defined risk appetite.

Commenting on the appointment, Mohamed Abdelbary, Acting GCEO at ADIB, said: “We are delighted to welcome Talha to ADIB as our new Group Chief Risk Officer. His extensive experience, strategic acumen, and deep understanding of global risk dynamics will be invaluable as we navigate the evolving landscape of financial risk and regulatory requirements. I am confident that Talha will make significant contributions to our risk management framework and help drive ADIB’s continued success in delivering exceptional value to our customers and stakeholders.”

Talha Karim expressed his enthusiasm for joining ADIB, stating: “I am honored to join ADIB, a pioneering institution renowned for its commitment to Islamic banking and excellence in risk management. I look forward to collaborating with the talented team at ADIB to further enhance the bank’s risk management capabilities and support its vision of becoming the world’s most innovative Islamic banks”.

Prior to ADIB, Talha was associated with the Bank of Montreal in Canada and then joined Toronto Dominion Bank. He later moved to Bank ABC, Bahrain where he held various senior roles in Risk Management. In 2009, he joined CIB Egypt and held multiple positions including Chief Risk Officer & member of the Executive Committee.

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About ADIB

ADIB is a leading bank in the UAE with AED 193 billion in assets. The bank also offers world-class online, mobile and phone banking services, providing clients with seamless digital access to their accounts 24 hours a day.

ADIB provides Retail, Corporate, Business, Private Banking and Wealth Management Solutions. The bank was established in 1997 and its shares are traded on the Abu Dhabi Securities Exchange (ADX).

ADIB has a strong presence in six strategic markets: Egypt, where it has 70 branches, the Kingdom of Saudi Arabia, the United Kingdom, Qatar, and Iraq.

Named World’s Best Islamic Bank by The Financial Times - The Banker publication, ADIB has a rich track record of innovation, including introducing the award-winning Ghina savings account, award-winning co-branded cards with Emirates airlines, Etihad and Etisalat and a wide range of financing products.

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