Sector: Banking and Financial Services
FAB announced in late January that Hana Al Rostamani, Deputy Group CEO and Head of Personal Banking, will succeed André Sayegh as the new Group CEO. Al Rostamani has more than 22 years of experience in the field of banking and financial services. She is a board member of the AW Rostamani Group, chairperson of FAB Private Bank Suisse, and a member of MasterCard Advisory.
The personal banking Group at FAB Group contributed 37% of the group revenue and generated net profit worth $952 million in 2019.
In 2020, the group reported over $5 billion in revenues with a $2.9 billion net income.