Dubai – Mubasher: The board of Commercial Bank of Dubai (CBD) has elected Humaid Mohammad Obaid Al Qutami as the bank's chairman.

The bank has appointed Sultan Saeed Mohamed Al Mansoori as a deputy chairman, according to a bourse filing on Thursday.

It is noteworthy to mention that in 2020, the CBD dropped by 20% to AED 1.12 billion, compared to AED 1.4 billion in the earlier year.