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UAE's ADCB hires Standard Life chairman as adviser

Published: 21 Nov 2012 - 02:29 pm | Last Updated: 05 Feb 2022 - 09:53 pm

ABU DHABI: Abu Dhabi Commercial Bank, the United Arab Emirates' third biggest bank by market value, has appointed Gerry Grimstone as adviser to the bank's board, the lender said on Wednesday.
 
Grimstone, a former investment banker at Schroders replaces Lord Mervyn Davies of Abersoch whose term expired recently, ADCB said in a statement.
 
Currently, Grimstone is chairman of Standard Life, one of Britain's largest savings and investments businesses. (Reuters)