Board of Directors
Structures of the banking facilities and operations are guided by an independent Sharia’a Supervisory Board to ensure compliance with the principles and laws of Sharia’a.
MOHAMED SEID DIALE, CHAIRMAN
Mr. Diale is the founder of the Dahabshiil Group and its associated businesses. Dahabshiil Group is one of the largest privately owned companies in the Horn of Africa, with extensive interests in Africa, the Middle East, Europe and North America.
Having started from humble beginnings in Somalia in 1970, Mr. Diale has built a huge business conglomerate across many sectors including financial services, trading, construction, telecommunications and energy.
With a vision to establish a world-class enterprise and a deep commitment to ethical business practices, Mr. Diale has demonstrated, exceptional entrepreneurial acumen to identify business opportunities and develop them into viable and successful enterprises.
A philanthropist and a social leader, Mr. Diale supports a wide variety of social, developmental and humanitarian causes and projects.
ABDUL RAHMAN AWL, VICE CHAIRMAN
Mr. Awl is an accomplished international banker with extensive industry experience in North America, Africa, Asia and the Middle East who spearheaded the establishment of EAB. He has served in a variety of leadership positions with commercial, investment and development banks as well as consulting firms including the Islamic Development Bank and African Development Bank.
At IDB, he was instrumental in the development and launching of Islamic products that expanded the bank’s financing operations. At ADB, he established and managed a private-sector fund, which financed investment throughout the continent.
Mr. Awl’s directorships have included the Harrington Institute, Dahabshiil Financial Services, African Export-Import Bank, PTA Bank, Africa Project Development Facility, African Management Services Company, SIFIDA Investment Company, and South Africa Infrastructure Fund.
He is very active in civil society programs and sits on the Board of a number of local and international NGOs.
A graduate of the Harvard Business School Executive Development Program, Awl holds an MBA from Miami University (Ohio), a BS from State University of New York’s School of Management (Binghamton) and a banking diploma from the British Institute of Bankers.
ABDULWAHAB SAYED OSMAN
Abdulwahab Sayed Osman had a long illustrious tenure at the UAE Central Bank. Mr. Osman served at the Banking Supervision Department (BSD) since its inception and was involved in the introduction of many supervisory regulations and tools. He was instrumental in the setting up and establishment of new important departments of the Central Bank, such as the IT Department.
Abdulwahab was a central figure in the creation of the different sections of the BSD, namely the Analysis Section, the Review and Follow-up and the Examination Section. Mr. Osman was responsible for the direct supervision of a portfolio of large local and international banks, Islamic and conventional, as well as other financial institutions. He was a regular member of court appointed panel of experts to advise the courts on financial and banking related cases (civil and criminal) and had been involved in the investigation of many high profile and high value fraud and other financial/ banking irregularities, liquidations, etc.
Abdulwahab has a B.Sc. (Hons.) degree in Statistics and Operational Research and a post graduate dip. in Computation from the University of Manchester. Mr. Osman participated in countless seminars, conferences, workshops and trainings covering all areas of banking organised by international organisations such as the FED, IMF, AAOIFI, BOE and others such as the top auditing and consultation firms.
Mr. Osman took special interest in mentoring UAE National graduates in the young nation of the UAE; many of the mentees have gone onto senior and high-powered positions in the UAE and around the world.
ABDIRASHID MOHAMED SAID
Mr. Duale is a prominent business executive with extensive experience in money transfer operations, banking and finance in Africa, the Middle East, Europe and North America.
Mr. Duale is a successful businessman with a reputation as a successful entrepreneur. A second- generation business leader, Mr. Duale took over the Dahabshiil Group in 2007 as a Group CEO and led a successful business transformation that involved aggressive expansion into the key strategic sectors of banking and telecommunications.
The result has been a phenomenal growth in market share, strong corporate culture and sharp growth in profitability. Abdirashid Duale is a regular keynote speaker at international conferences, where he advocates financial inclusion in developing countries and the vital importance of remittance flows to the global development agenda.
Mr. Duale has been featured in local and international media including The Financial Times, BBC, Al Jazeera, New York Times, The Economist and The Guardian.