THE MIDDLE EAST’S
36. Ala'a Eraiqat
Designation: Group CEO
Company: Abu Dhabi Commercial Bank (ADCB Group)
Country: U.A.E.
Nationality: Emirati
Sector: Banking
Eraiqat joined ADCB in 2004 and assumed his current role in 2009. The bank has more than a million customers. Mubadala owns 60.2% of the bank. By the end of Q3 2023, ADCB had $146.2 billion in assets. In September 2023, the bank priced a $650 million green bond in support of the U.A.E.’s Net Zero by 2050 Strategic Initiative. Eraiqat has over 32 years of industry experience. He is also the chairman of Al Hilal Bank and Abu Dhabi Chamber Audit & Compliance Committee, and he chairs several subsidiaries and committees of ADCB.