In accordance with the Articles of Association for Commercial Bank of Dubai the formation of the Board of Directors is governed by the Federal Law on Commercial Companies (as amended). The Board comprises of 11 members who are elected through the General Meeting, for a term of three financial years.
The formation of the Board of Directors takes into consideration the primary need to ensure that the Board and its Committees have the appropriate balance of skills, experience, knowledge of the Bank and independence of mind to enable them to discharge their respective duties and responsibilities.
H.E. Ahmad Abdulkarim Julfar joined the Board of Commercial Bank of Dubai in March 2018. H.E. is the Managing Director of Emirates Integrated Telecom Company since September 2020. He is a Telecom Veteran, who has 30 years of experience with Etisalat Group in the UAE during which he held various positions, the most recently of which was Chief Executive Officer. H.E. held various senior positions like the Chairman of the Board of Directors for the Thuraya Group and Etisalat Services Holding and Deputy Chair of the GSM Association, H.E. has great achievements and was named Telecom Leader of the Year in 2014 by the Mobile World Congress and CEO of the Year – Telecom 2013 by CEO Middle East.. H.E. holds a BS in Civil Engineering and Computer Science from Gonzaga University, USA and is a graduate of the Mohammed Bin Rashid Program for Leadership Development. On November 7th 2016, H.E. Ahmad was appointed as Director General of Dubai Community Development Authority.
H.E. Ahmad Abdulla Binbyat currently serves as the Founding Chairman and CEO of Zaina Investments LLC and holds the position of Vice Chairman of the Dubai Chamber of Digital Economy. He is also a Member of the Higher Committee for Future Technologies for Dubai. Previously, his leadership roles were extensive, including serving as the Founding Chairman of Emirates Integrated Telecommunications Company (du) and as a Member of the Board of Trustees for both Mohammed bin Rashid School of Government and Zayed University. He was also a Board Member of Emirates Investment Authority, the Dubai Free Zone Council, and the Museum of the Future Establishment. Notably, he held positions such as Vice Chairman and Managing Director at Dubai Holding and was a Member of the Dubai 10x Council while serving as Secretary-General of the Dubai Executive Council.
Additionally, he was the Founding Chairman of EMPOWER, the Dubai Real Estate Corporation (Wasl), and the Dubai Education Council. He also chaired The Consulting Office and the Founding Committee at Aswaaq and served as Chairman of the Executive Committee of Smart Dubai. In earlier roles, he held the position of Executive Chairman at TECOM Investments and served as a Board member at Thuraya Telecommunication. His contributions extended to membership in various committees such as the Supreme Fiscal Committee, the Supreme Committee for Telecom, and the Smart Government Supreme Committee. Prior to these roles, he served as Deputy Regional Manager at Etisalat and acted as President of the Dubai Government Excellence Program.
Mr. Al Ghandi joined the Board of Commercial Bank of Dubai in 2015. Mr. Al Ghandi serves as the Managing Director of Al Ghandi Investment Co. and as Chairman of the Board of Emirates Investment and Development Company PSC. He is also the Managing Director of Meethaq Employment Agency, Chancellor of the Canadian University of Dubai and Vice Chairman of Dubai World Trade Centre and Board Member of the Dubai Chamber. He was member of the Board of Zakat Fund and served as a Board Director of Union National Bank PJSC, Dubai Islamic Bank and Vice Chairman of the Union National Bank in Egypt, and Vice Chairman of the Oman Insurance Company. Mr. Al Ghandi holds a Bachelor's Degree in Business Administration & Finance from George Washington University, USA.
Mr. Khalid Abdul Wahed Al Rostamani joined the Board of Commercial Bank of Dubai in March 2008. He was appointed as Deputy Chairman to the Board of Commercial Bank of Dubai in 2012. Mr. Al Rostamani is the CEO and Chairman of the A.W. Rostamani Group of Companies and a founder and Chairman of BCD Travel, Transport and Freight Forwarding. He is also a Board Director of Dubai Insurance Company (P.S.C.) and Etisalat Group (e&). Mr. Al Rostamani holds a Bachelor’s degree in Finance from the George Washington University, USA.
Mr. Saod Obaidalla graduated from the Higher College of Technology in Dubai, United Arab Emirates, in 1992. His career journey is marked by significant roles within Emirates NBD PJSC, spanning various positions from Manager of Credit, Guarantee, and Trade Finance (1993-1995). He also served as Head of Private Banking (2016-2023) Head of UAE & GCC, Private Banking (2014-2016), Head of Royal Accounts, Private Banking (2010-2014), Commercial Manager in the Middle Corporate Company (2000-2010), and Branch Manager (1995-2000) within the same institution. Additionally, he held board memberships in prominent organizations, including Dubai World Trade Centre (2003-present), Emirates NBD Securities (2014-2023), National General Insurance (2016-2021), and Oman Insurance Company (2003-2012).
H.H. Shaikh Maktoum Hasher Al Maktoum joined CBD’s Board of Directors in March, 2015. He founded A1 Grand Prix Limited in 2001 and served as its Chairman and President. He is currently the Chief Executive Officer of Al Fajer Properties LLC. He served as an Executive Chairman of SHUAA Capital PSC from April 2012 to February 2015. He serves as the Chairman of Dubai International Holding Company. He served also as Director of SHUAA Capital PSC from February 2011 to February 2015. He is also a Founding Investor of Virgin Megastores in the UAE. He has been recognised for his leadership qualities on a number of occasions, including being named “Chief Executive Officer of the Year” by Chief Executive Officer Middle East in 2009 and “Young Global Leader of 2007” by the World Economic Forum. He graduated with a Bachelor of Science degree in Business Administration and Finance from Boston University, USA.
Dr. Abdulla Al Karam holds a distinguished educational background, with a Doctorate degree in Philosophy, a Master's degree in Engineering, and a Bachelor's degree of Science in Engineering. In his professional journey, he served as the Director General of the Dubai Knowledge and Human Development Authority. Additionally, he is a Board member of the Digital School and Dubai Cares, Dubai Media Council, UAE University and a member of the Supreme Committee for the Protection of Rights of People of Determination in Dubai.
Ms. Moza Al Futtaim holds a Bachelor's Degree in Law from SOAS, University of London. Her expertise lies in the field of artificial intelligence, where she currently serves as the Chief AI Officer at Al Futtaim Group.
Mr. Al Fahim joined CBD’s Board of Directors in March 2018. He is Chairman of the Board of Directors of Nasdaq Dubai and Board Member of EGA since 2014. He also serves as a Board Member of DUBAL Holding LLC and Emirates Development Bank. Mr. Al Fahim has over 25 years of banking and finance experience with the Emirates NBD Group having served as a board member of both Emirates NBD Capital and Emirates NBD Asset Management. Mr. Al Fahim served as General Manager of both the Corporate and Wholesale Banking divisions of Emirates NBD Bank before his appointment as Group Deputy Chief Executive Officer of the Bank in 2009. Mr. Al Fahim holds a Bachelor’s degree in Business Administration Management from St. Edward’s University.
Mr. Al Fardan joined the Board of Commercial Bank of Dubai in 2011. He is currently member of the Board of Directors of Al Mal Capital, Dubai Investment PJSC and National General Insurance Co. PJSC. He is the Vice Chairman of Naif Marine Services Co. PJSC, Chairman of Al Fardan Group LLC, Chairman of Embassy Capital Limited, Chairman Al Fardan PTC Holding Limited, the owner ABF Investments LLC. Mr. Al Fardan holds a Bachelor of Science (Major in Information System) from the Metropolitan State College, USA.
Mr. Hadi Badri holds a Bachelor's Degree in Economics from Tufts University in the USA. Throughout his career, he has held several notable positions in the realm of economics and business. He is currently the CEO of Dubai Economic Development Corporation. Prior to this, he held the positions of CEO, Emaar International (2019-2022) and Chief Strategy Officer (2017-2018). He also served as the Chairman of Namshi (2019-2022). Additionally, he contributed his expertise as a Board Director for Emaar Properties in various capacities across Real Estate, E-commerce, and Hospitality. Notably, he played a significant role in overseeing Emaar's real estate development ventures in India, Turkey, Pakistan, Morocco, and Jordan, serving on the boards of 15 different companies within these sectors.
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