First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has appointed Mohanad Al-Borno as Head of Corporate and Investment Banking for the UAE.

He will be responsible for managing FAB’s market-leading Corporate and Investment Banking franchise in the UAE, with a focus on deepening client relationships across its product and service offering.

A seasoned banker with over 22 years of banking and finance experience with international and regional institutions, Mohanad joined the bank in 2012 as Group Regional Head of Corporate Banking for Dubai and the Northern Emirates. He later served as Head of Institutional Banking Group for the UAE, before his most recent post as Head of Corporate and Investment Banking for Dubai and the Northern Emirates.

André Sayegh, FAB Deputy Group CEO and Group Head of Corporate & Investment Banking, said: “With his extensive experience within the banking sector and strong regional expertise, Mohanad will play a key role in supporting the continued growth of our Corporate and Investment Banking franchise within the UAE and in strengthening our position as a leader in the market.”

Prior to joining FAB, Mohanad began his career with Andersen’s Global Corporate Finance Middle East practice, before joining Citigroup, where he held a number of leadership positions in the region including Head of Corporate and Investment Banking and Financial Institutions Group for Citi Bahrain. He also led Citi’s Global Banking coverage efforts for its Non Presence Countries business out of the UAE.

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