Emirates Islamic Bank appoints Hameed Noor Mohamed as Head of Business Banking

Emirates Islamic Bank, one of the leading Islamic financial institutions in the UAE, today announced the appointment of Hameed Noor Mohamed as Head of Business Banking. Mohamed is specifically tasked with developing this important segment of the bank in line with global best practices and the requirements of Emirates Islamic Bank’s SME growth strategy.

“I am delighted to welcome Mohamed to the Emirates Islamic Bank leadership team. He comes with 20 years experience in Financial Services. Mohamed’s knowledge and extensive banking experience will add considerable value to the Business Banking division in particular,and Emirates Islamic Bank in general,” said Jamal Bin Ghalaita, Chief Executive Officer, Emirates Islamic Bank.

Prior to joining EIB, Mohamedworked for MashreqBank for 15 years, where he held a number of roles in business development, change management and risk management.

“Emirates Islamic Bank is committed to provide quality Business Solutions to our customers. Mohamed will drive the Business Banking division to successfully implement the bank’s strategies and help achieve our objectives in Business Banking,” he added.

Having started his career with John Hancock Financial Services in Boston, where he specialised in strategic investment recommendations for estate and business succession planning, Mohamed has also spent three years with ANZ Grindlays Bank in the UAE, where he held positions in Retail Banking, Corporate Banking and Structured Finance.

Hameed Noor Mohamed said: “I am delighted to take on this responsibility and to work with the team to achieve the goals set before us. It will be my key task to continue building the Business Banking Division into a world class operation and significantly grow our SME client relations.”

Mohamed is the current Chairman of the SME Committee of the UAE Banks Federation and a founder board member of the HBS Alumni Association of the UAE.

Emirates Islamic Bank’s Business Banking offers a wide range of Shari'a compliant products. With dedicated relationship manager and competitive pricing, the bank has a wide range of solutions for SMEs to achieve their full potential.