The Board of Directors at United Arab Bank (UAB) has unanimously chosen Sheikh Mohammed bin Faisal bin Sultan Al Qassimi as the new Chairman, succeeding Sheikh Faisal bin Sultan bin Salem Al Qassimi, who led the Board for almost fifty years.
This selection underscores the bank’s and its shareholders’ commitment to innovation and growth amid ongoing developments in the banking industry, marking a new era of success.
Sheikh Mohammed bin Faisal bin Sultan Al Qassimi expressed gratitude to the Board for their confidence, acknowledging Sheikh Faisal bin Sultan bin Salem Al Qassimi’s impactful leadership over the decades. He emphasized the bank’s substantial progress in recent years, attributing it to the dedicated efforts of the board and management team. Looking ahead, he pledged to continue investing in talent, modern technology, and maintaining a steadfast commitment to delivering top-notch banking services, according to WAM.
With over 30 years of experience spanning various industries, including finance, banking, real estate, tourism, and retail, Sheikh Mohammed bin Faisal bin Sultan Al Qassimi brings a wealth of expertise. Having been a board member since 2011, he has a proven track record of surpassing strategic goals within the bank. Additionally, Sheikh Mohammed holds leadership positions on boards of private companies and serves as the Chairman of “MANAFA LLC.”
