The Middle East’s

8. Mohamed Abdelbary

Company: Abu Dhabi Islamic Bank (ADIB)
Designation: Group CEO
Established: 1977
Headquarters: U.A.E.

ADIB announced its sustainable finance strategy in 2024, aiming to allocate up to $16.3 billion in sustainable finance by 2030, of which $4.7 billion has been awarded to date. In November 2024, ADIB became the first commercial Islamic bank in the region to set sector-specific decarbonization targets within its financing portfolio for 2030. As of December 2024, 90% of its $500 million green sukuk issuance had gone toward renewable energy, energy efficiency, and sustainable water infrastructure. In May 2025, the bank completed installing its first on-grid solar PV system in Jafza. Abdelbary assumed his current position in 2024, having previously been ADIB’s group CFO since 2020.