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EIBank CEO Resigns

Dubai, UAE; 09 May 2019: Emirates Investment Bank pjsc (“EIBank”), an independent private bank based in the UAE (DFM: EIBank), today announced the resignation of Khaled Q. Sifri, the Chief Executive Officer, effective immediately. “In his capacity as CEO, Khaled has positioned the bank as a recognised partner for people looking to preserve or grow their wealth,” said a representative of the Board of directors of EIBank, who added: “The board would like to extend their appreciation to Khaled for his efforts throughout his tenure at EIBank and the significant contribution he has made to the bank, and wish him every success in all his future endeavours. Looking ahead, we will build on the momentum of EIBank and continue making progress on our long-term goals.” EIBank will communicate the name of the new CEO in due course.

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