As they formalize their merger, National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) have picked the second level management team for the combined entity. The two banks had already appointed the top-level management team to run the combined bank, set to be one of the largest in the Middle East and Africa with assets of around $175 billion. Around 70 senior positions have now been filled, the bank said. Abhijit Choudhury, currently acting chief executive of NBAD, is appointed as head of risk, Samer Abdelhaq as head of legal, a position he held at NBAD, and Sofia el Boury will be head of investor relations, a similar job she held at FGB. Other key appointments include Mahmoud al-Aradi, head of global markets, and Mohamed Yasin as head of securities, both of whom held those positions at NBAD. Rola Abu Manneh, who was senior general manager for corporate and investment banking at NBAD, will play a similar role in the merged entity.
