The National Bank of Abu Dhabi has named Rüdiger von Wedel as senior general manager of its global wealth business.

Von Wedel was previously the chief executive officer of ABN Amro's global private banking unit, overseeing more than $150 billion in assets. In his new role, he will be responsible for the newly-integrated global wealth division comprising of NBAD's brokerage arm, Abu Dhabi Financial Services, the Asset Management Group, Global Private Banking, and its custody business.

"NBAD has remained strong and is growing at a time when most financial institutions around the world are still in recovery. Furthermore, this is a historic time as both Abu Dhabi and NBAD are increasingly emerging on the global scene," Wedel said commenting on his appointment.

The bank has more than 100 branches in the UAE and has a network of around 50 branches covering Oman, Kuwait and Bahrain in the GCC, Egypt, Libya and Sudan in Africa, the UK, France and Switzerland in Europe, Hong Kong and Jordan in Asia, and Washington DC in the US.