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UAB appoints new CEO

UAB appoints new CEO
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Abu Dhabi – Mubasher: The United Arab Bank (UAB) has named Shireesh Sudheer Bhide as the bank’s new CEO.

Bhide will assume his position on 1 June 2022, according to a bourse disclosure on Monday.

It is worth noting that during the first quarter (Q1) of 2022, the UAE-based lender reported net profits worth AED 30.38 million, an annual hike of 198% from AED 10.20 million.