NBAD hosts a Q&A session with Alan Greenspan

Published February 24th, 2008 - 10:36 GMT
Al Bawaba
Al Bawaba

As part of its 40th anniversary's celebrations, National Bank of Abu Dhabi (NBAD), The Number One Bank in the UAE, will start its Awareness Sharing Knowledge (A.S.K.)” lecture series in 2008 with a Q&A session with Dr. Alan Greenspan, the former Chairman of the U.S. Federal Reserve, on Monday February 25, 2008 at 7:30 PM at NBAD head office in Abu Dhabi.

NBAD's A.S.K. lecture series was launched in 2005 to encourage organizational learning and information sharing. The lectures provide an interactive forum for customers' employees, business partners, and members of the community to share and communicate up-to-date information, market news and future opportunities and expectations.

 “We are delighted Dr. Alan Greenspan will be speaking at our first 2008 ASK lecture, especially as it comes in our 40th anniversary year. It is  a valuable opportunity to our stakeholders, customers, business partners, and the community in general to share knowledge and views with one of the most influential and renowned economic personalities in the world as part of NBAD 40th anniversary's celebrations” Said Mr. Abdulla Mohammed Saleh AbdulRaheem, NBAD’s Senior General Manager and Group Chief Operating Officer.

“Since its inception in 1968, NBAD has played significant and leading roles in the economic and social development of the UAE.  This exclusive Q&A comes as a direct and tangible link to NBAD’s approach to corporate social responsibility. We aim to bring world class leaders within the reach of the UAE community and to make comprehensive knowledge sharing opportunities accessible to everyone” he added.


“Dr. Alan Greenspan is the perfect choice to discuss world economy’s dominant issues nowadays. During his tenure as a chairman of the Board of Governors of the Federal Reserve of the United States from 1987 to 2006, Dr. Alan Greenspan was considered to be the leading authority on American and the whole world economic and monetary policies. His active influence continues to this day. Greenspan was lauded for many achievements such as handling the Black Monday stock market crash that occurred very shortly after he first became chairman, as well as for his stewardship of the Internet-driven, “dot-com” economic boom of the 1990s” Mr. Abdulla M. S. AbdulRaheem added.

 


“Hosting the 10th ASK lecture since the inception of the lecture series, is a milestone and a result of NBAD’s commitment to the principle of corporate social responsibility (CSR) and its desire to support the community” said Mr. Anand Lobo, Manager of NBAD’s Business Excellence Department.

“The A.S.K lectures aim to offer continued learning opportunities for our stakeholders as well as to build awareness and knowledge on important global regional and national topics” he added.

 “Historically, banks have been viewed to be the trustees of public funds in addition to their commercial role. And the principles of Corporate Governance and corporate social responsibility are the pillars which underpin the success of an organization” he concluded.


Noteworthy, NBAD is the exclusive sponsor of the 1st Abu Dhabi corporate leadership forum (ADCLF) which is being held under the patronage of His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, on February 25, 2008 at the Emirates Palace in Abu Dhabi.

The extraordinary event, organized by Tri Star Events LLC (TSE), will feature Dr. Alan Greenspan; Rt. Hon. Lord Christopher Patten, former Governor of Hong Kong (1992-1997); Carly Fiorina, the first, and, to date, only woman to lead a Fortune 20 company; serving as Chairman and CEO of Hewlett-Packard Company (1999-2005); John Sculley former Pepsi and Apple CEO, who is also co-founder and Managing Partner in London based SCF Growth Equity; H.E. Sultan bin Nassser Al Suwaidi, Governor of the United Arab Emirates Central Bank since 1991; and Pam Woodall, who has been the Asia Economics Editor of The Economist since September 2006.

About NBAD

The National Bank of Abu Dhabi (NBAD), The Number One Bank in the UAE, was incorporated in 1968. NBAD has a network of 77 branches in the UAE in addition to Cash offices that are spread out at remote locations to provide banking services to customers stationed at offshore oil operations and in desert locations as well as other government organizations. NBAD also has three Shift offices inside the security areas of the Abu Dhabi International Airport providing currency & traveler’s cheques exchange services.
The branch network is widened further with 193 ATMs through which customers perform a variety of transactions.
Besides brick & mortar branches, NBAD provides 24 hour internet banking accessibility through NbadOnline and NbadDirect, as well as account access and personalized customer support through the 24-hour Call Centre.
NBAD’s overseas network stretches from Oman, Kuwait, and Bahrain in the G.C.C., Egypt and Sudan in Africa, London, Paris, and Geneva in Europe to Washington D.C. in the U.S.A.
The bank provides its customer with a wide variety of financial services targeted at all segments of the retail and corporate market in addition to Fund Management, Brokerage, Leasing, Property Management businesses and Private Banking.
NBAD is rated senior long term/short term A+/A-1 by Standard and Poor’s, Aa3/P1 by Moodys and AA-/F1+ by Fitch giving one of the strongest combined rating of any Middle Eastern financial institution.
NBAD is an award winning leader in the UAE and GCC financial services industry. Awards won by the bank include ‘Best Bank in UAE’ from Euromoney and Banker publications, ‘Human Resources Development Award’ from the Emirates Institute for Banking & Financial Studies, the ‘Middle East e-Banking Country Award’, the ‘Outstanding use of IT in Financial Services Award, and  excellence award for ‘Best use of Technology’ from Banker Middle East.