Ebrahim Fayez Al Shamsi, the chief executive of Emirates Islamic Bank, has resigned. His replacement will be deputy chief executive Abdullah Showaiter. Faisal Aqil, general manager of retail banking, will be the new deputy CEO.
Emirates Islamic and ENBD didn't want to comment.
The shareholders of the AlBaraka Banking Group re-elected Saleh Abdullah Kamel as the group’s chairman of the for another three year term during a meeting held at Sheraton Hotel on Wednesday. The shareholders’s meeting was attended by 91% of the group’s total shareholding.
The new board includes Saleh Abdullah Kamel, Abdullah A. Saudi, Abdullah Saleh Kamel, Saleh Mohammed Al Yousef, Adnan Ahmed Yousif, Anwar Ibrahim, Abdul Ellah Sabbahi, Ebrahim Fayez Al Shamsi, Yousif Ali Fadil bin Fadil, Jamal bin Ghalaita, Bassem I. Awadallah , Mohyedin Saleh Kamel, Fahad Abdullah Al-Rajhi.