Ahmad Abdulkarim Mohammad Julfar was elected Chairman of the Board of Commercial Bank of Dubai on March 6, 2024, following a distinguished career spanning over three decades in telecommunications and community leadership. He holds degrees in Civil Engineering and Computer Science from Gonzaga University in Washington, USA, and is a graduate of the Sheikh Mohammed Bin Rashid Al Maktoum Establishment for Young Business Leaders.
Julfar brings three decades of experience to CBD, having assumed leadership positions predominantly with the Etisalat Group in the UAE, culminating in his tenure as Chief Executive Officer, and with EITC (du), where he currently serves as Managing Director. He served as Group Chief Executive Officer of Etisalat from July 2011 to March 2016, and also served as Director General of Dubai Community Development Authority. He was named Telecom Leader of the Year in 2014 by the Mobile World Congress and CEO of the Year (Telecom) in 2013 by CEO Middle East.
Career History
- Chairman of Commercial Bank of Dubai (March 2024–present)
- Managing Director of Emirates Integrated Telecommunications Company (du) (since March 2018)
- Director General of Dubai Community Development Authority
- Group Chief Executive Officer of Etisalat Group (July 2011–March 2016)
- Chairman of Thuraya Group and Etisalat Services Holding
What Ahmad Julfar could bring to Commercial Bank of Dubai: Drawing from his extensive experience as a transformational CEO at Etisalat—where he oversaw operations across 19 markets with 180+ million subscribers—Julfar is positioned to drive strategic growth and operational excellence at CBD. His track record of strategic restructuring, combined with his established leadership in the UAE financial and telecommunications sectors, and his appointment as a representative of the Investment Corporation of Dubai, suggests he will focus on deepening the bank's digital transformation, expanding market presence, and enhancing shareholder value through disciplined capital allocation and cross-sector synergies.
Facts compiled by Executive Moves from publicly available news and press releases on 26 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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