First Abu Dhabi Bank (FAB), the largest lender in the UAE, has announced significant changes to its executive committee, Zawya reported. Futoon Al Mazrouei has been promoted to Group Head of Personal, Wealth, Business Banking, and Privileged Client Group, expanding her previous role in personal banking to include wealth and business banking responsibilities.
In addition, Noora Al Reyasi has been appointed as Group Chief Human Resources Officer, succeeding Gareth Powell, who has retired. Al Reyasi, with nearly 15 years at FAB, now joins the executive committee, reporting directly to Group CEO Hana Al Rostamani.
The bank is also experiencing departures from its leadership team. Neil Barrable, Group Chief Credit Officer, is leaving for personal reasons less than a year after his appointment in June 2024. Barrable had previously held senior roles at HSBC, JPMorgan Chase, Barclays Capital, and Deutsche Bank.
These changes are part of FAB’s ongoing efforts to strengthen its leadership team and enhance its financial services and advisory capabilities across the region. Earlier this year, the bank appointed Divyesh Vithlani as Chief Technology and Transformation Officer, reflecting its focus on digital innovation.
