Summary
Overview
Work History
Education
Skills
Certification
Websites
Accomplishments
Training
Personal
Timeline
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ALI ABBAS AIZAD

ALI ABBAS AIZAD

Abu Dhabi

Summary

Detail-oriented credit expert possessing 22 years of extensive experience, with a focus on corporate credit in UAE for over 16 years.

Overview

25
25
years of professional experience
1
1
Certification

Work History

Executive Manager - Corporate Credit

Abu Dhabi Commercial Bank- Wholesale and Private Accounts Credit
Abu Dhabi
09.2019 - Current
  • Managed commodity trader segment, financial institutions (FI), and non-banking financial institutions (NBFI) segments in the credit vertical.
  • The commodity trader segment includes large international commodity traders with annual revenues of more than US$30 billion. I have successfully supported the growth of this segment from less than AED 2.0 billion in 2021 to over AED 35.0 billion now, with no non-performing assets.
  • Assessed creditworthiness of FIs, recommending or approving counterparty limits and ratings.
  • Evaluated risk for UAE-based/international investment companies and exchange houses, approving new or renewal of limits.
  • Evaluated risk for large international funds involving structures such as Fund Finance and Borrowing Base.
  • I coordinate with Central Bank examiners and external auditors on periodic credit reviews and audit matters.
  • Handles quarterly assessment of ECL/provisions for the wholesale book.
  • Ensured Credit Proposals adhered to bank risk acceptance criteria throughout all segments.
  • Developed and maintained strong relationships with stakeholders and key partners.
  • Established communication channels between Credit and Business for timely information sharing.
  • Mentored junior managers, fostering professional development and leadership skills.

Vice President, Credit

Union National Bank, Corporate Credit Division
12.2017 - 09.2019
  • Oversaw Large Corporates/GRE, Real Estate, Contracting, Syndications, Financial institutions, and International Business (incl Qatar, Kuwait, and Shanghai branches) portfolio of the bank.
  • Led a team of 3 Credit Managers with a credit portfolio of over USD 10.0billion. This position reported to the Head of Credit Management Group, who in turn reported to the CEO.
  • Handled transactions ranging from working capital/trade finance/term exposures to Project Finance deals including large infrastructure-related deals (Midfield terminal project – Abu Dhabi etc.), ADWEA/DEWA-related water and power project financing (including Hassyan IPP, Noor Energy-1, etc.), real estate finance, construction/contracting finance, and aircraft/aviation finance including aircraft acquisition deals for Etihad, Emirates Airlines, and aircraft leasing companies.
  • Managed financial institutions segment which involved overseeing counterparty limits for financial institutions and establishing/reviewing country limits.
  • Major responsibilities were:
  • Credit risk structuring of transactions/ credit proposal (new-to-bank or annual reviews) and provide necessary recommendations.
  • Monitor and ensure timely submissions of annual reviews.
  • Recommend appropriate counterparty limits for a new financial institution and conduct annual reviews of existing counterparty lines in line with the Bank’s FI policy.
  • Overall responsibility for effective portfolio monitoring – via review and follow up on reports on arrears, documents exceptions.
  • Monitor/follow up on accounts for the regularization of EOL/TOD.
  • Coordinating with internal customers, Internal/External Audit, Compliance, and Credit Administration to ensure adherence to Bank credit & risk guidelines.
  • Also functioned as coordinator for Credit in dealings with external auditors and Central Bank of the UAE examiners.

Assistant Vice President- Manager, Credit

Union National Bank, Corporate Credit Division
01.2014 - 12.2017
  • The role involved working with the assigned Business teams/units, analyzing credit proposals, and recommending acceptance/declination in line with the Corporate Credit policies of the bank. The assigned portfolio consisted of Syndication and Financial Institutions (FI) segment.
  • Transactions over a range from Working Capital/Term exposures to Project Finance (infrastructure/utility projects), real estate finance, aircraft/aviation finance (SPV structures), construction/contracting finance.
  • Key responsibilities were:
  • Assess all types of risks (related to the obligor and the facilities/transactions) in credit applications presented by the Business unit(s).
  • Prepare credit notes with specific recommendations for new credit proposals/annual reviews and onward presentation to Credit Committee, while meeting agreed SLA timelines.
  • Put up interim reviews as and when required.
  • Recommend restructuring solutions of credit lines as and when required.
  • Recommend appropriate counterparty limits for a new financial institution and conduct an annual review of existing counterparty lines in line with the Bank’s FI policy.
  • Monitoring/follow up on accounts for regularization of EOL/TOD; monitoring facility maturities/due dates and coordinating with Business Team Leaders.
  • Coordinating with internal customers (Syndication/Financial Institution Banking, Internal/External Audit, Compliance, and Credit Administration) to ensure adherence to the Bank credit & risk guidelines.
  • Monitoring of counterparty and country limits.
  • Monitoring and ensuring that all credit approvals comply with the banks’ internal policies /regulatory guidelines.

Assistant Vice President- Manager, Credit Appraisal

Union National Bank, Corporate Credit Division
10.2010 - 12.2013
  • Key responsibilities were:
  • Conduct a credit analysis of proposals originating from allotted Business Teams and recommend or reject the same within agreed SLA based on the merits of the case to ensure a sound loan portfolio loan quality; minimize loan losses and maximize return on investment.
  • Conducting joint customer calls with Relationship Teams for newly marketed clients/ project financing credit applications.
  • The assigned portfolio was related to Contracting Business & Mid-Large Corporate business in Abu Dhabi, Dubai, and the Sharjah region. The size of the allotted portfolio was around AED 12.0Bn (~USD 3.2Bn).

Credit Risk Manager

Askari Commercial Bank Limited- Pakistan
06.2003 - 06.2007
  • Risk appraisal of the project finance and working capital lines of Corporate /Commercial & SME customers per Bank’s credit guidelines & State Bank of Pakistan’s’ prudential regulations.
  • Review of credit applications for Commercial/Corporate & SME customers for new/renewal of credit lines.
  • Presentation of credit packages for approval to the Head Office Credit Committee & Executive Committee.
  • Quantitative & Qualitative analysis of Credit Relationships.
  • Analysis of financial spreads including current & projected Cash Flows and Cash Budgets.
  • Supervising a team of two (2) Credit Risk Officers for effective maintenance of a Credit Portfolio of ~USD 225M.
  • Member of Head Office Credit Sub-Committee with a Credit approval ceiling of USD 2M.

Relationship Manager- Corporate & Commercial

Askari Commercial Bank Limited- Pakistan
07.2001 - 06.2003
  • Marketing and management of commercial & SME relationships relating to asset booking in the market of Islamabad / Rawalpindi
  • Maintain regular, appropriate, and frequent contact with the assigned customers, identifying the opportunities, and sell the full range of financial products and services offered by the bank.
  • Managing a corporate portfolio greater than USD 10M comprising clients from textile spinning, telecom, cement, beverage industries, and trading companies.
  • Preparation of credit proposals including detailed relationship analysis with the help of the latest financial and security analysis.

Assistant Relationship Manager – General Banking

Askari Commercial Bank Limited- Pakistan
09.2000 - 06.2001
  • Customer relationship maintenance including account opening, term investments, inland & foreign remittances, online transactions.

Research Associate

Pakistan Institute of Development Economics (PIDE), Islamabad-Pakistan
02.2000 - 07.2000
  • I worked on an Asian Development Bank-funded project, Trade, Export, Promotion & Industry (TEPI) program. The job included conducting research work and field visits to various parts of Pakistan to assess the socio-economic impact of the TEPI program.

Education

Master of Science - Economics

Quaid-e-Azam University
Islamabad, Pakistan
01.1999

Skills

  • Proficient in MS Word, MS Excel, MS PowerPoint & MS Outlook
  • Sound communication and presentation skills
  • Credit risk assessment
  • Financial analysis
  • Portfolio management
  • Credit structuring
  • Risk evaluation
  • Decision making
  • Stakeholder management
  • Stakeholder engagement

Certification

  • Advanced Diploma in Credit from the Chartered Institute of Bankers-Scotland.
  • Diploma in Banking from the Institute of Bankers Pakistan.

Accomplishments

  • 2017-19: Secretary to the Head Office Credit Committee, the highest credit underwriting committee at Union National Bank (UNB), chaired by the CEO
  • 2017-19: Member of UNB's Sub-Credit Committee, the second-highest credit underwriting committee in the bank
  • Part of core due diligence team from UNB during merger between UNB and ADCB. The role involved active engagement with external consultants and advisors for due diligence, along with reviewing the counterparty's wholesale book, re-assessing ECL estimations/scenarios, devising the strategy, and attending expert sessions
  • Post-merger, as part of the core migration team from Credit, I successfully migrated and integrated UNB’s wholesale and commercial banking assets (over AED 60 billion) to ADCB platforms

Training

Internal and external training (from Fitch, Moody’s, and Capital Intelligence) attended on a variety of subjects ranging from Credit & Financial Analysis, Project Finance, and Credit Ratings.

Personal

Born July 21st, 1976, Married. Pakistani National.

Timeline

Executive Manager - Corporate Credit

Abu Dhabi Commercial Bank- Wholesale and Private Accounts Credit
09.2019 - Current

Vice President, Credit

Union National Bank, Corporate Credit Division
12.2017 - 09.2019

Assistant Vice President- Manager, Credit

Union National Bank, Corporate Credit Division
01.2014 - 12.2017

Assistant Vice President- Manager, Credit Appraisal

Union National Bank, Corporate Credit Division
10.2010 - 12.2013

Credit Risk Manager

Askari Commercial Bank Limited- Pakistan
06.2003 - 06.2007

Relationship Manager- Corporate & Commercial

Askari Commercial Bank Limited- Pakistan
07.2001 - 06.2003

Assistant Relationship Manager – General Banking

Askari Commercial Bank Limited- Pakistan
09.2000 - 06.2001

Research Associate

Pakistan Institute of Development Economics (PIDE), Islamabad-Pakistan
02.2000 - 07.2000

Master of Science - Economics

Quaid-e-Azam University

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