Published On: Wed, Jan 21st, 2015

ADCB appoints head of London Representative Office

David Manson,  Head of the ADCB (UK) Representative Office in London

David Manson, Head of the ADCB (UK) Representative Office in London

Abu Dhabi Commercial Bank, ADCB, today announced the appointment of David Manson as Country Head, UK and Head of the ADCB (UK) Representative Office in London. With 30 years of experience in the Middle East and Asia Pacific, Manson will be leading ADCB’s strategy and business developments for the UK business.

The announcement marks ADCB’s ambitious stride towards building an increasingly international and cross-border presence and supporting the deep financial linkages between the UK and the UAE. Building on the UAE’s rising international influence and London’s role as a pre-eminent financial centre, the appointment reflects a strategic move by ADCB to capitalise on financial trends and encourage enterprises to invest in UAE markets.

Colin Fraser, Head of Wholesale Banking at ADCB, said, “David will be an instrumental piece to our international business as ADCB strives to expand its client services cross-border and in major international money centres. His experience and knowledge of both UK and UAE markets will be a key driver in facilitating financial transactions between both countries, tapping global financial markets and driving further investment opportunities for ADCB. We are proud to welcome David to the team.” Manson brings nearly 30 years of international experience to his new role with ADCB, the majority in the Middle East and Asia Pacific with Standard Chartered. He was based in the UAE for over three years before moving on to hold Country CEO positions in Australia, Vietnam and Jordan. Since returning to the UK, he served as Head of Cash Management for RBS and subsequently Head of Liquidity Management at Barclays. Prior to joining ADCB, Manson served as Country General Manager for Qatar National Bank,QNB, in London for the last two years.

David Manson said: “I am delighted to be a part of the ADCB team. I am looking forward to expanding ADCB’s reach and providing valuable support to our UAE clients looking to invest in international markets. I believe the London representative office serves as a platform for the expansion of ADCB’s financial activities on an international scale.” The office will remain representative in nature for the immediate future and will not directly undertake transactions or any Regulated Activities in the UK market.

Source : WAM News Agency for United Arab Emirates

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