The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has appointed Michael Austin as the Bank’s Group Chief Information Officer.
Mr. Austin brings to NBAD his 25 years’ experience in information technology working at financial services companies in Hong Kong, Japan, the United Kingdom and the United States.
“Michael Austin is an accomplished IT executive whose extensive, broad experience, and strong understanding of technology and global financial markets will maintain and advance NBAD’s high standards and leading position in innovation,” says Khalaf Sultan Bin Rashed Al Dhaheri, the GroupChief Operating Officer of NBAD.
Mr. Al Dhaheri adds: “NBAD’s requirement of someone with Michael Austin’s strong profile reflects NBAD strong global position and confirms that NBAD is an employer of choice for top international talent across many sectors.”
Mr. Austin would lead NBAD Information Technology Department which has enabled the Bank to break barriers and be a trendsetter in the banking industry. NBAD, for instance, is the first UAE bank to introduce mobile payment system inthe country through NBAD Arrow.
Recently, NBAD’s award-winning information technology won last year the Best Payments Infrastructure Project in the Asian Banker Award 2012 for the Bank’s transformational payment engine. NBAD has also won the Application Networking Project of the year for a program that which advanced NBAD web servers’ security and improved systems output.
Mr. Austin joined NBAD from Lloyds Banking Group where he was the chief information officer of wholesale and commercial banking. During his accomplished career, Mr. Austin has worked for Rabobank International, ING Barings, JPMorgan Chase, Baring Securities and ACT Financial Systems.
“It is a privilege to work with NBAD, a robust financial services company with very ambitious goals and strong focus on technology. I plan to lead a team of professionals who will continue to use technology to enhance customer experience,” says Mr. Austin.
Mr. Austin earned a degree in Business Administration and Computer Science from University of East London.
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