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Commercial Bank of Dubai and Thunes partner to offer real-time international remittances

24 June 2020

Singapore/Dubai, 24 June 2020 - Commercial Bank of Dubai, one of the leading national banks in the UAE, and global cross-border payment provider Thunes announced a partnership that will facilitate real-time cross-border transaction flows between the UAE and the rest of the world.

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13 October 2013

CBD boosts senior management team with the appointment of new Head of Credit

CBD boosts senior management team with the appointment of new Head of Credit UAE National Othman Ibrahim Bin Hendi assumes the key position

Commercial Bank of Dubai has further boosted its senior management team with the appointment of Othman Ibrahim Bin Hendi to the key position as Head of Credit.

“At Commercial Bank of Dubai, we take pride in recognising and rewarding our staff for their achievements, with a special focus on promoting deserving UAE nationals to key senior management positions,” said Peter Baltussen, CEO of Commercial Bank of Dubai.

“Bin Hendi has risen through the ranks to achieve this strategically important position, and I am confident that in his role as Head of Credit, he will assist the credit department to continue to grow from strength to strength .” he added.

Othman Ibrahim Bin Hendi joined the Bank back in 1999 as Deputy Manager for our Abu Dhabi branch, and he has steadily gained in experience and stature, becoming Head of Credit department at CBD's headquarters,” Baltussen said. “We are confident that he will leverage his experience and competence in his new role as Head of Credit, and will represent an important addition to our qualified team of professionals ,” Baltussen said. 

The number of UAE Nationals employed in CBD now constitutes over 41 per cent of all employees and the Bank's strategy is to continually improve on this number.

Commercial Bank of Dubai's efforts and achievements in Emiratisation have been recognized and honoured and the Bank is a past winner of UAE National Resources Development Award, the Dubai Human Development Award and the Human Resources Development Award