First Abu Dhabi Bank (FAB), the UAE’s largest and one of the world’s safest financial institutions, has joined the International Advisory Council (IAC) of China’s National Financial Regulatory Administration (NFRA).
This marks the first time a bank based in the MENA region has been appointed to this prestigious position, underscoring First Abu Dhabi Bank’s growing global influence and leadership in the financial sector.
The appointment reflects FAB’s growing role as a strategic enabler of cross-border capital flows, investment partnerships, and financial innovation between the UAE and China.
First Abu Dhabi Bank’s membership in the IAC reinforces its ambition to expand corridor banking capabilities and deepen financial integration across Asia and the Middle East.
Hana Al Rostamani Group CEO – FAB
“FAB’s appointment to China’s International Advisory Council represents a strategic step in strengthening global economic connectivity and collaboration. Building on the strategic agreements signed during the visit, this appointment reinforces FAB’s commitment to fostering cross-border trade, investment, and sustainable growth. We will continue to build on this momentum by deepening our partnerships, expanding our international presence, and driving impactful initiatives that contribute to shared prosperity and long-term economic progress.”
FAB’s Expanding Role as a Gateway for Investment and Financial Innovation
During a recent visit to China, FAB’s Group Chief Executive Officer, Hana Al Rostamani, met HE Pan Gongsheng, Governor of the People’s Bank of China (PBoC), and they jointly witnessed the signing of the Renminbi (RMB) Clearing Agreement, formally recognizing First Abu Dhabi Bank as the first RMB Clearing Bank in the MENA region. This milestone will enable more efficient settlements and broader RMB access for clients in the UAE and across the region.
FAB also collaborated with the Ministry of Investment (MoI) and Industrial and Commercial Bank of China (ICBC) to advance cooperation in investment banking, capital markets, and sustainable finance.
Additionally, First Abu Dhabi Bank signed a Memorandum of Understanding with the UAE Ministry of Investment to promote cooperation in asset management, fostering joint initiatives and sustainable, long-term capital growth between the two nations.
These developments mark a significant step in the bank’s vision to strengthen global partnerships and reinforce its position as the leading financial gateway between the MENA region and Asia.
FAB remains the only UAE bank with an onshore presence in mainland China, supporting cross-border trade, investment, and sustainable finance across 20 international markets.
