CEO Today Global Awards

81 www.ceotodaymagazine.com CEO Today Global Awards 2019 Qatar JOSEPH ABRAHAM CEO of The Commercial Bank Of Qatar (Q.S.C.) FIRM PROFILE Commercial Bank plays a vital role in Qatar’s economic development through offering a range of personal, business, government, international and investment services. What we do is just as important as how we do it. Our promise – that everything is possible – governs how we approach our business. Our services support individuals, the public sector and companies of all sizes in Qatar and internationally. Commercial Bank operates in Retail and Wholesale banking and makes strategic investments through its associates and subsidiaries. Wholesale Banking division Provides a range of conventional commercial and investment banking services and products to large, medium and small enterprises. These include corporate lending, trade finance, syndicated loans, deposits, letters of credit and guarantees. Retail Banking division Provides a full suite of conventional personal banking services and products to retail customers in Qatar, including current and deposit accounts, wealth management, mortgage lending, personal loans, vehicle loans, credit cards and other card services. Partners and subsidiaries Through our network of banking partners, subsidiaries and strategic partners we are able to offer a unique market proposition and generate better value for our customers, clients and shareholders alike. Find out more about Commercial Bank’s partners. Our successful strategy has diversified our income streams and expanded our GCC footprint, while continual investment in technology and people – together with our strong capital base – provides a solid foundation for further growth. the second largest bank in Oman with total assets of OMR 3.5 billion as at 30 September 2018 and has 69 branches, including 1 branch each in Egypt, Abu Dhabi and Dubai. Commercial Bank has ceased discussion with Tabarak Investment to negotiate terms of the potential sale of the Bank’s stake in United Arab Bank. Commercial Bank enjoys strong credit ratings of (A3) from Moody’s, (A) from Fitch, and (BBB+) from Standard & Poor’s. The Bank is listed on the Qatar Exchange and was the first Qatari bank to list its Global Depository Receipts (GDRs) on the London Stock Exchange. Commercial Bank’s Swiss Franc bond issued in March 2018 is the largest ever CHF bond from the MENA region. ABOUT JOSEPH ABRAHAM Mr. Joseph Abraham has been the Group Chief Executive Officer of The Commercial Bank (P.Q.S.C.) since June 2016. Before joining Commercial Bank, Mr. Abraham served as the Chief Executive Officer of Indonesia Operations at Australia and New Zealand Banking Group Limited since April 15, 2008 until 2016. He is responsible for retail and institutional business in Indonesia and partnership with Panin Bank. He served as the President Director of PT Bank ANZ Indonesia since August 2008 until April 30, 2016. Mr. Abraham has an extensive international experience in Indonesia, Singapore, Hong Kong, Ghana, United Kingdom and India, in various country and regional roles covering General Management, Corporate Banking, Strategy, Product Management as well Acquisitions and Integrations. He has experience in Asian banking markets. He served as the Chief of Staff of to the Global Head of Client Relationship of Standard Chartered Bank in Singapore. He served as Head of Strategy and Product Management of North East Asia; Managing Director and Chief Executive Officer Ghana; and Executive Director Corporate Banking. He has been Vice Chairman of Alternatifbank A.S. since August 21, 2017 and as its Director since December 19, 2016. Mr. Abraham is a seasoned banking professional with experience in both developed and emerging markets. Mr. Abraham has worked in Indonesia, Singapore, Hong Kong, Ghana, UK and India in various country and regional banking roles with a successful track record covering general management, corporate banking, strategy, product management as well as acquisitions and integrations. He serves as the Chairman of CBQ Finance Limited. He has been a Director of United Arab Bank P.J.S.C. since March 2017.