Al-hilal islamic bank

AL-HILAL ISLAMIC BANK

CONTENTS

• History
• Management
• mission

History

• Company Information
• Established in 2007, Al Hilal Bank is a progressive Islamic bank headquartered in Abu Dhabi (UAE) offering a wide range of client-centric Shari’ah compliant Retail Banking, Treasury and Wealth Management

Chairmen

• Ala’a Eraiqat is the Chief Executive Officer and Member of the Board of ADCB Group. Ala’a first joined ADCB in 2004, holding numerous senior positions prior to his appointment as CEO in 2009. He is an experienced leader in the UAE’s financial sector and has spent much of his career in senior posts at leading international banks, including Citibank and Standard Chartered Bank.
• He also serves on the board of Abu Dhabi National Hotels PJSC, on the MasterCard Asia/Pacific, Middle East & Africa Regional Advisory Board, and on the Mubadala Infrastructure Partners Advisory Board

Corparate Goverence

• Principles and provisions that drive our best practices
• The Board of Directors of Al Hilal Bank operates on the understanding that sound governance practices are fundamental to earning the trust of stakeholders which is critical to sustaining performance and preserving shareholder value.The Board has clearly defined processes for ensuring a balance between achieving business growth and returns for our shareholder and meeting the expectations of our customers, regulators and other stakeholder.

Role of the Chairman

• Role of the Chairman
• The Chairman, is responsible for the overall operation and governance of the Board. He provides the necessary leadership and manages the Board to ensure that the Bank satisfies its legal and other fiduciary duties. The Chairman sets the Board agenda in consultation with the CEO taking into account the issues and concerns of the other Board members. Board agendas are structured to allow adequate and sufficient time of the items on the agenda.
• The Chairman is also responsible for facilitating and encouraging active engagement by all Board members

Role of Board Members

• Role of Board Members
• The role of the Board members are to effectively and constructively challenge management and monitor the success of management in delivering the agreed strategy within the risk appetite and control framework set by the Board.
• They are also responsible for exercising appropriate oversight through scrutinizing the performance of management in meeting agreed goals and objectives and monitoring performance

Access to Information and Resources

• Access to Information and Resources
• There is ongoing engagement between executive management and the Board, and where necessary the Bank's executive management attends Board and Board Committee meetings by invitation.
• External auditors are invited to attend audit committee meetings. Directors have unrestricted access to management and Bank information, as well as to any other resources necessary to carrying out their roles and responsibilities. This includes access to external advice at the Bank's expenses

Board Human Resources and Governance Committee

• Board Human Resources and Governance Committee
• The Board Corporate Governance Committee is responsible for the development and regular updates of appropriate corporate governance procedures and best practices within the Bank. It monitors their implementation, ensures compliance with these guidelines and regulatory requirements and performs public reporting on corporate governance matters. The Committee is also accountable for reporting material governance concerns and violations to the Board in addition to proposing developments in the corporate governance procedures and structures. The Committee consists of three members

Mission

• Mission
• To contribute to the national growth and prosperity of the UAE whilst raising the positive profile of Islamic banking globally in turn creating value for all stakeholder
• Vision
• To consistently set new standards that re-define the Islamic banking market across the world

Our Values

• Integrity
• We do the right things even when no one is looking
• Care
• We protect our people and honor our commitments
• Ambition
• We strive to be the best every day

Respect

• Respect
• We value our collective diversity
• Discipline
• We do things right every tim