New Independent Director Appointed to AUB Board

New Independent Director Appointed to AUB Board
AUB AUB 1.54% 0.66 0.01

 Ahli United Bank B.S.C. has announced the appointment of Mr. David Hodgkinson, a highly experienced and qualified international banker, as an Independent Director on the Bank’s Board of Directors.

 
Mr. Hodgkinson’s career spans more than 40 years of senior UK and global banking experience, mostly with the HSBC group where he held a number of very senior positions; culminating as Group Managing Director & Chief Operating Officer (2006-2008).
 
He has considerable direct exposure in the GCC/MENA region, having worked as Chairman and Chief Executive of HSBC Bank Middle East Limited (2003-2008) and as Managing Director – Saudi British Bank (SABB) in KSA (1999-2003).
 
Post HSBC, he was appointed as Chairman Allied Irish Banks PLC (2010-2014) to oversee its recapitalization and restructuring post the global financial crisis of 2008.
 
Commenting on this appointment, Mr. Hamad Al-Humaidhi, Chairman, AUB, stated: “I am delighted to welcome David to the AUB Board. In addition to his broad experience, his exposure to and understanding of the GCC/MENA region, through his long involvement with HSBC will invaluably contribute to AUB’s continuing growth and development”.
 
Mr. Hodgkinson said:" It is a great pleasure for me to join AUB as an Independent Director. AUB has already established an excellent reputation as a top regional financial services provider with ground breaking achievements across the region and beyond. I look forward to promoting the success and growth of the Bank, for the benefit of its various stakeholders, along with my fellow distinguished members of the Board”.
 
Mr. Hodgkinson currently also serves on the Ahli United Bank (United Kingdom) plc Board and the Advisory Panel of the EMEA Financial Services Advisory Practice of PWC. He is also the Chairman of The Services Family Ltd, a specialized financial services provider being established for the UK Armed Forces and their families.
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Source: Press Release

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