United Arab Emirates - November 24, 2009, United Arab Emirates - Deloitte announced the appointment of Daud Vicary Abdullah as Deloitte Global Leader of the Islamic Finance Industry group.
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Mr. Abdullah has more than 35 years experience within the finance and consulting industry, working in Asia, Europe, Latin America and the Middle East. Since 2002, he has focused exclusively on Islamic Finance, and had executive roles at major Islamic and Asian banks. Since 2002 he has focused almost exclusively on Islamic Finance.
Mr. Abdullah holds an Economic and Social History Honours degree from the University of Bristol, England, is a distinguished fellow of the Islamic Banking and Finance Institute of Malaysia (IBFIM) and a former Board member (2003 – 2007) of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI).
Mr. Abdullah started his career with Lloyds Bank, followed by Chemical Bank and Midland Bank, where he gained experience in Retail Banking Operations, Internal Audit, Back Office Systems, IT support and Internal Consultancy.
He spent 7 years as a Partner/Director with Deloitte Consulting where he was responsible for setting up the firms Global Centre of Excellence for Islamic Finance based in Malaysia and involved in developing and running Shariah Review Programs and the transformation of financial institutions to provide Islamic Financial services.
Mr. Abdullah was the first Managing Director of Hong Leong Islamic Bank, where under his guidance the Group successfully transformed an Islamic Banking Window into a full-fledged Islamic Banking Subsidiary. During his time at Hong leong he was also closely involved in the planning for and launch of Hong Leong Tokio Marine Takaful, where he was a Board member.
Following that, he became Chief Operating Officer at Asian Finance Bank, a brand new Islamic Bank, where he was responsible for establishing the infrastructure to support the business lines, opened new branches and established a representative office in Jakarta. ■
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