Abu Dhabi Commercial Bank PJSC announced that H.E. Amr Al Menhali has resigned from his position as an independent Board member of the Bank, effective 24th of April 2024, due to personal reasons. The Bank?s majority shareholder, One Hundred and Fourteenth Investment ? Sole Proprietorship LLC has nominated H.E. Dr. Ahmed Mubarak Al Mazrouei as an independent Board member to replace and complete the tenure of H.E. Amr Al Menhali until the end of the existing Board?s tenure in 2025.

The Board of Directors approved the nomination by circulation on 12 May 2024, subject to applicable requirements of the Central Bank of the UAE.