Dubai Islamic Bank appoints Faisal Hameed as Group Chief Internal Auditor

December 22, 2009 1:55 pm

The appointment reinforces DIB’s commitment to establishing a world-class team at a time of growing opportunities in the Middle East and North Africa region. Mr. Hameed, a British national, joins Dubai Islamic Bank from Royal Bank of Scotland and brings with him over 20 years of experience in multinational organizations. He also holds a Masters degree from Cambridge University in the United Kingdom and is also a fellow of the Chartered Institute for Securities and Investments.

Mr. Hameed started his illustrious career in 1990 with Ernst and Young, London, where he qualified as a Chartered Accountant, while leading external audit delivery across various high profile business and government sectors. For the next 8 years, Mr. Hameed worked in 2 global investment banks, based in London, where he took responsibility for developing and delivering the global internal audit strategy for several business lines located across over 50 countries.

In 2006 he transferred to Dubai as Chief Internal Auditor for ABN AMRO’s Middle East operations. His move to Dubai Islamic Bank has been a strategic one, and he is looking forward to leveraging his experience to ensure DIB Group Internal Audit operate as a world class business partner, and to contributing to the overall robust governance of DIB.

“We are very pleased to welcome Mr. Hameed to Dubai Islamic Bank. At DIB, we are dedicated to building a strong, experienced and talented workforce, one that is passionate and dedicated to ensuring that Dubai Islamic Bank remains efficient, innovative and transparent. Mr. Hameed has joined us with two decades of experience in audit leadership and his expertise will enrich DIB’s audit function and overall governance.”

said Mohammad Al Sharif, Chief Financial Officer, DIB.

“I am very excited to be joining Dubai Islamic Bank,” said Mr Hameed. “Its progress over the last few years has been extraordinary and it is the largest and first Islamic bank to have incorporated Shariah principles in its practices. I am pleased to be working with such a dynamic yet principled institution and contributing to a sustainable growth path.”