Hussain Al Qemzi Steps Down As Noor Bank MD

Hussain Al Qemzi has stepped down from his position as Managing Director of Noor Bank, effective 31 October, 2017.

Mr Al Qemzi was CEO of Noor Bank from its inception in 2008 until June 2017 when he became the Bank’s first Managing Director.

“Since Noor Bank was established in 2008, it has developed into one of the leading Islamic banks of the UAE under the leadership of Hussain Al Qemzi. I would like to place on record my deep appreciation of Hussain’s energy, dedication and leadership in building Noor Bank from its inception to the strong, innovative A-rated bank that it has become today,” said a spokesperson for the Board.

“I am confident that our CEO John Iossifidis will build on this legacy and ensure that Noor Bank continues to be at the forefront of the UAE banking industry as an innovative Shari’a-compliant bank committed to delivering the highest quality banking experience to our customers.”

Since its launch in 2008, Noor has gained a reputation for offering innovative, client-focused, banking products and services. It has consistently delivered earnings and profit through a strategy of conservative and sustainable growth.

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