Farid Al Mulla appointed as Chief Executive Officer of Emirates Islamic. Farid will succeed Salah Amin, a banking veteran who is retiring after almost 35 years of valuable service to the Emirates NBD Group. Farid Al Mulla will take over from veteran banker, Salah Amin from 5 September 2023, with Salah announcing his retirement.

Bank thanks Salah Amin for his transformational leadership, especially after Emirates Islamic posts highest-ever half-yearly net profit results in 2023. Emirates Islamic, one of the leading Islamic financial institutions in the UAE has appointed Farid Al Mulla as its new Chief Executive Officer. Farid will succeed Salah Amin, a banking veteran who is retiring after almost 35 years of valuable service to the Emirates NBD Group.

As Emirates Islamic's current Head of Consumer Banking and Wealth Management, Farid has played an instrumental role in the bank's strong profitability and income results, especially over the first half of 2023, as well as its continued digital transformation. This includes enhancing the bank's digital channels, leading to a notable 21% surge in online and mobile banking transactions throughout 2022. Furthermore, he has taken the lead in driving a series of highly effective Emiratisation campaigns, while also spearheading the introduction of innovative banking solutions tailored to UAE nationals, including the Emarati Family Savings Account, Emarati Business Account, and the Super Savings Etihad Guest Account.

Farid's appointment also highlights the effectiveness of Emirates Islamic's long-term Emiratisation strategy, especially its focus on developing UAE Nationals for key executive roles and succession planning.