Abu Dhabi's FAB appoints Hana al-Rostamani as first female CEO

Hana Al Rostamani was appointed as group chief executive officer by First Abu Dhabi Bank, promoting a woman to the top leadership position in a male-dominated sector.

Al Rostamani will be the $44bn lender's first female CEO and will take over from Andre Sayegh, who has spent less than a year in the position. Currently, she is Deputy CEO of the group and Head of Personal Banking.

In the Middle East, Al Rostamani is one of an increasing number of women tapped to lead businesses. Oman appointed Haifa Al Khaifa last week as the CEO of a new firm that manages the world's largest oil block.

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Sarah Al Suhaimi, chairwoman of Saudi Arabia's stock exchange and head of NCB Capital Co., and Carmen Haddad, vice-chairperson of Citigroup's Middle East operations, are other women in leadership roles in the region.

"FAB has always been an organization that advocates diversity, and it is precious to appoint our first female group CEO to lead our company into the future," said Chairman Sheikh Tahnoon Bin Zayed Al Nahyan.

About Al Rostamani

• Currently, the Chairman of FAB Private Bank Suisse
• She has worked as an independent director of Emirates Integrated Telecommunication Co. and vice president of the Emirates Banking & Financial Services Institute.

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