First Gulf Bank (FGB), one of the leading banks in the UAE, has formally inaugurated new offices for its Treasury and Global Markets Group as well as some divisions of its Wholesale Banking Group, based in Sowwah Square at Al Maryah Island, Abu Dhabi.
HE Ahmed Ali Al Sayegh, Chairman of Abu Dhabi Global Markets and Vice Chairman of First Gulf Bank led the ribbon-cutting ceremony along with the Managing Director, Abdulhamid Saeed, CEO, André Sayegh and senior staff from the bank.
Saeed said of the new office: "Located in the heart of the Abu Dhabi financial district, this office will provide a platform for future growth as FGB offers its clients a more integrated portfolio of treasury and global markets products, including bespoke risk management and investment solutions, asset management and international equities."
Moreover, as FGB is deepening its product offering, the Wholesale Banking Group has relocated its Corporate and Investment Banking, Debt Markets and Islamic Finance division, which will now be offered from one single location.
André Sayegh added: “The Sowwah Square location provides a perfect base for our Treasury and Global Markets and Wholesale Banking Group to provide multi product offerings to our Large Corporate and Financial Institutions Customers. Considered to be the first exclusive business district in Abu Dhabi, Sowwah Square is built to a very high standard, which can easily compete with many international centres to attract a wide range of local and multinational companies. I say with confidence that, going forward, Sowwah Square will reshape the way business is conducted in Abu Dhabi."