Abu Dhabi Islamic Bank (ADIB) announced the appointment of Hakim Karoui as Global Head of its Wholesale Banking Group (WBG), reinforcing the bank's focus on accelerating growth and strengthening its wholesale banking capabilities.
Reporting directly to the Group Chief Executive Officer, Hakim will be responsible for leading ADIB’s group-wide wholesale banking business. He will oversee the continued development of the Bank’s corporate and institutional banking offering, with a focus on delivering integrated solutions that support clients across key sectors.
Hakim brings over 27 years of experience in financial services and banking, with a strong track record across the MENA region and international markets. His expertise spans corporate and investment banking, risk management, capital markets and, transaction banking.
Prior to joining ADIB, Hakim served as Managing Director and Co-Head of Global Corporate and Investment Banking for MENA at Bank of America Merrill Lynch, based in Dubai, a position he held since 2012 having been with BoAML for over 15 years. He also spent over a decade at Citigroup, where he held progressively senior roles across the Middle East and Africa including Director, MENA Head of FIs and Head of Corporate Banking - Abu Dhabi.
Mohamed Abdelbary, Group Chief Executive Officer of ADIB, said: “We wish Hakim every success in his new role and I am confident that his leadership and experience will further strengthen WBG and support our continued growth. His deep expertise across wholesale banking and strong understanding of regional and international markets will play a crucial role as we continue to enhance our offering and deliver greater value to our clients.”
The appointment comes as ADIB continues to focus on accelerating business growth, building on its competitive strengths and advancing its transformation agenda as part of Vision 2035. The Bank remains committed to delivering innovative, client-focused solutions while strengthening its position as a leading Islamic financial institution.
