CBI appoints new head for retail banking

Commercial Bank International (CBI), QNB’s strategic partner, has appointed Anil Kumar as its new head (Retail Banking).Kumar will be responsible for leading the Dubai-headquartered CBI’s retail expansion programme, which includes the development of new products and improvement of processes and technologies to serve customers better.  He will report directly to the CEO, Mark Robinson.Robinson said: “Retail banking is one of our key growth sectors and we are delighted to have Anil to lead our team as we enhance our proposition.  He is a valuable addition to the bank, bringing some 24 years of experience to the role, which will see him leading our efforts to deliver a market-leading retail banking experience for our customers across the UAE.”       Kumar joins CBI from Abu Dhabi Islamic Bank (ADIB) where he was executive vice-president (Business Transformation) leading the expansion strategy of ADIB’s Global Retail banking function.  Prior to joining ADIB, Kumar held senior roles at Birla Sunlife Asset Management and Citi in India and the United Kingdom.     On his appointment, Kumar said, “I am delighted to join CBI as the Bank continues to invest in, and strengthen its business.  I look forward to working with the highly experienced team here to deliver innovative banking solutions and creating value for our customers.”QNB has a significant stake in CBI.