NBF names Anwar as new CEO

Abu Dhabi – Mubasher: The National Bank of Fujairah (NBF) appointed Adnan Anwar as the new CEO of the bank, effective from 1 October 2024.                                                                       

Anwar succeeded Vince Cook, who stepped out from his position on 30 September, according to a bourse filing.

NBF highlighted that the Central Bank of the UAE (CBUAE) approved Cook’s resignation.

In the first half (H1) of 2024, the net profits after tax of NBF hiked to AED 441.15 million from  AED 332.14 million in H1-23.

The operating income jumped by 8.20% to AED 1.20 billion in H1-24 from AED 1.11 billion a year earlier, while the basic and diluted earnings per share (EPS) grew to AED 0.18 from AED 0.13.

Mubasher Contribution Time: 01-Oct-2024 08:54 (GMT)
Mubasher Last Update Time: 01-Oct-2024 08:54 (GMT)