First Abu Dhabi Bank (FAB) is pleased to announce the appointment of Layth al Shaiban as Chief Executive Officer of its new commercial banking business in the Kingdom of Saudi Arabia, subject to regulatory approvals. FAB has been licenced by the Saudi Arabia Monetary Authority (SAMA) to operate up to three branches in KSA. Layth al Shaiban’s leadership skills, industry expertise and regional experience make him ideally suited to spearhead this important component of FAB’s growth strategy.”

*This appointment is unrelated to FAB Investment KSA, which is a separate legal entity, with a standalone management team, regulated by the Capital Market Authority (CMA).

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