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Ahli United Bank (AUB), one of the Gulf’s leading banking institutions, recently announced the appointment of H.E. Karl Otto Pohl as a Senior Advisor to their Board of Directors. Dr. Pohl, a former Governor of the German Central Bank (Deutsche Bundesbank), brings over 35 years of industry experience with him.

“We are delighted to have H.E. Karl Otto Pohl join us. His perspective, built through a long and brilliant career, further strengthens and deepens the AUB Board. His appointment is a reflection of AUB’s commitment to best international practices in managing its businesses and corporate governance.” said Fahad Al Rajaan, Chairman of Ahli United Bank.

Dr. Pohl, who trained as an economist at the University of Cottingen, became a Research Director at the prestigious IFO Institute in Munich and subsequently held several positions within the German Finance Ministry and Federal Government.

While Governor of the German Central Bank (Deutsche Bundesbank), Dr. Pohl was closely involved with the conduct of monetary policy in Germany and the evolution of monetary institutions globally.

“Dr. Pohl will be a great asset and we will look to him to provide strategic counsel to AUB as we expand according to our business strategy. His experience will add tremendous value as we build our network and strengthen our partnerships,” Al Rajaan concluded.