About NBAD

Corporate Governance

The National Bank of Abu Dhabi and its Group companies (together “NBAD”) recognise their responsibility to demonstrate ethical and sustainable business practices in the United Arab Emirates and abroad.

        NBAD Guiding Principles of Corporate Governance       
  • Leadership
  • Accountability
  • Transparency
  • Strong Corporate Governance Standards

The corporate governance culture of NBAD is driven by:

  • The appropriate delegation and monitoring of power and accountability to management,
  • The responsibility of the Board to direct the Group’s affairs and set its objectives,
  • Satisfying the interests of stakeholders through relevant and material disclosures,
  • The selection of productive strategies and management of risk,
  • Ensuring compliance with all regulatory obligations, and
  • Engaging with the community.

Corporate Governance Commitment

NBAD is committed to adopting and complying with good corporate governance practices. As a Licenced Bank, it refers to the Corporate Governance Code and guidance issued by the UAE Central Bank. Whilst Banks are currently exempt from compliance with the Ministerial Resolution No. (518) of 2009 Concerning Governance Rules and Corporate Discipline Standards, which is supervised by the Securities and Commodities Authority (SCA) for entities listed on UAE Stock Exchanges, NBAD also has committed to meeting these standards.

The Board acknowledges that NBAD is operating in an evolving global environment of diverse expectations, constant regulatory change, and increasing focus on stakeholder engagement and accountability. NBAD undertakes a frequent review of its strategic and operational environment, including communication with its stakeholders, in order to determine an appropriate balance, scope and sophistication of the corporate governance framework which is proportionate to NBAD’s nature, size and complexity.

Corporate Governance Framework

A comprehensive Corporate Governance Framework plays a key role in NBAD’s culture, business practices and regulatory compliance.

The Framework displays the key components and documents within NBAD’s Corporate Governance, Risk and Control environment. In addition to the Articles of Association and regulating laws, the NBAD Board has approved a wide range of Charters, Codes and Policies in order to record their decisions and delegations, and regulate the operations and overview activities of the Bank and its Group. The Board has also issued general principles of behaviour and personal conduct for which all Directors and staff are accountable as individuals and as a collective entity.

Internal Control

NBAD has developed an extensive control structure suitable for a regulated, international financial institution and Group. Details regarding the material functions and policies are disclosed in the Corporate Governance Framework and the annual Corporate Governance Reports. Also refer to the Compliance section regarding key Licences and statements.

Disclosure & Transparency

NBAD meets a range of regulatory disclosure requirements, primarily through its continuous disclosures to the Abu Dhabi Stock Exchange (ADX) and by publication of Annual Reports which incorporate Risk Management and Basel II-Pillar III Disclosure Reports and Corporate Governance Reports. The Bank also regularly publishes Sustainability Reports and other information which is beneficial to its stakeholders, copies of which are generally available or updated on this website.

Corporate Governance Reports:
    2010          2011          2012     
    2013          2014          2015     

Shareholder Interests

NBAD shares are listed on the Abu Dhabi Stock Exchange, which is regulated by the UAE Securities & Commodities Authority.

NBAD is 69.769% owned by the Abu Dhabi Investment Council on behalf of the Abu Dhabi Government. Further details for share ownership, market new and prices is available at Investor Relations.

NBAD subsidiaries and Group entities are listed in the Annual Report – Risk Management and Basel II-Pillar III Disclosures.

Key Regulatory Links

NBAD is subject to regulatory oversight from a number of key Ministries, government Departments and regulatory authorities. Senior management has the responsibility to ensure compliance with all applicable laws and regulation, and is accountable to the Board. The Board has also delegated a range of duties and responsibilities for monitoring and review to the Committees of the Board, including the Risk and Audit Committees.

Contact Us

Visit a Branch

Talk to our experts about your banking needs

Phone Us

Lines Open 24/7

UAE Helpline

600 56 6223

International Helpline

+971 2 635 8001

Email Us

We'll answer your query as soon as possible