Ajman Bank appoints new Head of Retail Banking

Press release

Published March 24th, 2011 - 10:31 GMT

Ajman Bank

Ajman Bank, an award-winning financial services institution committed to transforming the experience of Islamic banking, announced today the appointment of Asad Ahmed Batla as SVP-Head of Retail Banking Division.

Batla will be responsible for managing and growing the bank’s retail banking business. All the Retail Banking Division’s unit heads will report to Batla, who will in turn report to Mohamed Amiri, Deputy Chief Executive Officer.

“We are delighted to welcome Asad to the Ajman Bank team,” said Amiri. “Ajman Bank continues to attract top talent from the UAE’s financial services industry. His wealth of experience will help to maintain the momentum of our rapidly growing retail division.”

Batla has over 18 years of experience in the banking industry, gained with organisations such as ANZ Bank Australia, Barclays Bank, Citibank Korea, Sharjah Islamic Bank, and Mashreq Bank. Batla joins the company from the Noor Investment Group where he was CEO of a business under development, as well as holding a senior position within the consumer banking business.

Batla said: “I look forward to being part of a talented team which is rapidly earning Ajman Bank a reputation as one of the UAE’s top financial institutions for customer service.”

Background Information

Ajman Bank

Ajman Bank is a young, agile Islamic commercial bank that provides a wide range of value-driven banking services in the UAE for individual, business and government clients, all in compliance with Shariah principles. Ajman Bank seeks out the market’s best products, people and technology in order to deliver what customers want, how they want it, delivering real value and recreating that human touch lost in modern banking.

Headquartered in Ajman and strongly supported by its government, Ajman Bank is the keystone of the emirate’s economic development strategy and is in a position to benefit from its growth and potential like no other. Ajman Bank is committed to becoming a sustainable organisation in its truest sense, balancing care for the community and employees with the business of delivering value to its shareholders and customers.