United Arab Bank
Carla Ajaka is a seasoned finance professional currently serving as the Head of Treasury and Capital Markets at United Arab Bank since August 2020, overseeing the Treasury and Markets business, balance sheet management, liquidity, and capital ratios. Prior to this role, Carla Ajaka was the Head of Business Development at BLOM BANK s.a.l. from September 2017 to August 2020. Carla's extensive experience at HSBC, where tenure spanned from June 1993 to June 2017, included positions as Treasurer-Head of Global Markets for Lebanon, Kuwait, and Algeria, as well as Senior Dealer-Global Markets. Carla Ajaka holds a Bachelor of Business Administration from the American University of Beirut and a Master of Business Administration from Notre Dame University - Louaize.
United Arab Bank
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United Arab Bank was incorporated in 1975 as a private joint stock company in the Emirate of Sharjah, United Arab Emirates. UAB is acknowledged as an established, leading financial solutions provider to the growing commercial and industrial base across the UAE. The legal form of the Bank was converted to a public joint stock company pursuant to Emiri Decree No. 17/82 issued by His Highness the Ruler of the Emirate of Sharjah on 29th July 1982. On 21st March 2005, the Bank’s issued share capital was listed on the Abu Dhabi Securities Exchange. UAB offers its customers a comprehensive suite of Corporate and Institutional Banking services supported by Trade Finance, Retail Banking and Treasury services, in addition to Islamic Banking solutions, thus positioning the Bank as the partner of choice among major corporate clientele segments. As at 31st December 2015 the Bank was ranked 11th amongst listed banks in the UAE in terms of market capitalization. In December 2007, UAB became part of a banking alliance upon the acquisition of 40% interest by The Commercial Bank, Qatar's largest private sector bank. UAB's strong financial performance in subsequent years is indicative of the benefits gleaned from its strategic alliance with the Qatari Bank. The Commercial Bank has similar alliances with National Bank of Oman (NBO) and Alternatifbank in Turkey, thus providing a solid platform for all three banks to grow strongly as we move forward. The Bank is rated Baa2 by Moody's with Stable Outlook.