Adnan Chilwan ( ar, عدنان شلوان) is an

Indian Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asia ...

banking A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Becau ...

business executive, currently the Group CEO of

Dubai Islamic Bank The Dubai Islamic Bank (DIB) is an Islamic bank in Dubai, established in 1975 by Haj Saeed Bin Ahmed Al Lootah. It is the first Islamic bank in the world to have incorporated the principles of Islam in all its practices and is the largest Islami ...

Career

Chilwan spent most of his early career in management positions at a wide range of Islamic and conventional banks in the Gulf region. Some of these banks include, HSBC,

Dubai Bank Dubai Bank was an Islamic bank based in Dubai, UAE. The bank was launched in September 2002 and transformed into Shari’a-compliant financial institution with on 1 January 2007. Dubai Bank was part of the Dubai Group, a Dubai Holdings company ...

Abu Dhabi Islamic Bank Abu Dhabi Islamic Bank PJSC ( ar, مصرف أبوظبي الإسلامي) is an Islamic bank based in Abu Dhabi city, in the United Arab Emirates. Establishment Abu Dhabi Islamic Bank was established on 20 May 1997 as a Public Joint Stock Compa ...

, and

Mashreq The Mashriq ( ar, ٱلْمَشْرِق), sometimes spelled Mashreq or Mashrek, is a term used by Arabs to refer to the eastern part of the Arab world, located in Western Asia and eastern North Africa. Poetically the "Place of Sunrise", the n ...

. He began work for Dubai Islamic Bank in 2008, first serving as the Chief of Retail Banking and later as the Deputy Chief Executive Officer. In 2010, he became a founding member of the board of directors for the Sharia-compliant Emirates Real Estate Investment Trust, a joint venture between Dubai Islamic Bank and Eiffel Management. Chilwan was appointed as chief executive of Dubai Islamic Bank in July 2013. Abdulla al Hamli, who had been the bank's CEO for five years, was appointed to the position of Managing Director. By November 2013, the bank's net profit was up 33.5% compared to the previous nine-month period. By 2014, the bank had 1.4 million customers and 86 branches across the

UAE The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at th ...

. As GCEO, Chilwan indicated that his long-term goal is for the international operations of the bank to compose about 10 to 15% of the total revenue. He helped develop the SME Business Solutions Initiative, a Sharia-compliant line of financial products and services for SMEs.

Recognition and awards

In 2014, '' Arabian Business'' named him to its list of the Gulf Cooperation Council's 100 Most Powerful Indians, and the

Global Islamic Finance Awards Global Islamic Finance Awards (GIFA) are one of the most prestigious awards in Islamic banking and finance. Other prestigious awards are Islamic Development Bank Prize in Islamic Banking and Finance (also known as "IsDB Prize"), and The Royal Awa ...

awarded him the title of Islamic Banker of the Year. He was also ranked 11th in '' Forbes Middle East''s 2014 list of the Top Indian Leaders in the Arab World. In 2015, Chilwan was listed 4th on ''Trends Magazine''s and

INSEAD Business School INSEAD, a contraction of "Institut Européen d'Administration des Affaires" () is a non-profit business school that maintains campuses in Europe (Fontainebleau, France), Asia (Singapore), the Middle East (Abu Dhabi, UAE), and North America (San ...

's annual ranking of the Top 100 CEOs in the

Gulf Cooperation Council The Cooperation Council for the Arab States of the Gulf ( ar, مجلس التعاون لدول العربية الخليج ), also known as the Gulf Cooperation Council (GCC; ar, مجلس التعاون الخليجي), is a regional, interg ...

, based on the financial statements of publicly listed companies

References

External links

Dubai Islamic Bank profile
{{DEFAULTSORT:Chilwan, Adnan Bank presidents and chief executive officers Businesspeople of Indian descent Businesspeople from Dubai Emirati bankers Emirati chief executives Living people Place of birth missing (living people) 1996 births