NBAD set to host next CRO Forum

DUBAI — National Bank of Abu Dhabi (NBAD) is hosting the next MENA Chief Risk Officers' (CRO) Forum.

By A Staff Reporter

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Published: Sat 25 Mar 2006, 10:08 AM

Last updated: Sat 4 Apr 2015, 3:38 PM

The forum, which brings together Chief Risk Officers from regional and foreign banks, will take place at NBAD's Abu Dhabi headquarters on March 26, 2006.

Sakit Al Jundi, GM&CRO, NBAD explained that MENA CRO Forum members are very supportive of the adoption of the New Basel Accord in MENA jurisdictions, as they believe this regulation will promote better and more sophisticated risk management practices in the region as well as contribute to preserve the stability of local financial markets.

He also added that the MENA CRO conference provides a useful platform to discuss matters of common interest and consistent regional approach.

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