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4-Traders Homepage  >  Equities  >  ABU DHABI SECURITIES MARKET  >  First Abu Dhabi Bank PJSC    FAB   AEN000101016

FIRST ABU DHABI BANK PJSC (FAB)
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Emirates Integrated Telecmnctns Com : Du appoints new chief human resources officer

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05/23/2018 | 04:21pm CEST

Dubai-based telecom provider du, from Emirates Integrated Telecommunications Company, has announced the appointment of UAE national Ehab Hassan as chief human resources officer.

As a member of the executive management team, Hassan will be responsible for developing and executing the human resources strategy in support of the organisations initiatives and goals, particularly in the areas of succession planning, talent management and training and development. In addition, he will oversee the talent acquisition and employee retention agenda at du.

Moreover, Hassan will be tasked with enhancing dus already robust Emiratisation initiatives to meet the companys goals from both a grassroots, and an experienced employee perspective.

Osman Sultan, chief executive officer, Emirates Integrated Telecommunications Company (EITC) said: In line with the UAEs Emiratisation directive to increase the number of Emiratis in the private sector, du continues to bolster its initiatives to attract UAE nationals to explore prosperous careers in telecommunications.

As a senior leader with a proven track record in HR and a wealth of UAE experience, we believe Ehab`s expertise will provide strategic leadership to drive talent acquisition and retention, contributing to the growth of du and the industry in the UAE.

Hassan joins du from National Bank of Abu Dhabi, where he was the Group chief human resources officer and senior managing director for almost a decade.

(c) NNA 2018 LEBANON Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( AED)
Sales 2018 20 138 M
EBIT 2018 14 540 M
Net income 2018 11 492 M
Debt 2018 -
Yield 2018 6,11%
P/E ratio 2018 11,26
P/E ratio 2019 10,08
Capi. / Sales 2018 6,36x
Capi. / Sales 2019 5,89x
Capitalization 128 B
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Number of Analysts 11
Average target price 13,0  AED
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Abdulhamid Mohammad Saeed Group Chief Executive Officer
Sheikh Tahnoon bin Zayed Al Nahyan Chairman
Zulfiquar Ali Sulaiman Group Chief Operation & Integration Officer
James Burdett Group Chief Financial Officer
Nasser Ahmed Khalifa Al-Sowaidi Vice Chairman
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