Emirates Development Bank (EDB)
Mohamed Al Hosani serves as the Head of Procurement at Emirates Development Bank since March 2021, where responsibilities include implementing sourcing strategies and enhancing procurement systems to ensure cost savings and quality. Prior to this role, Mohamed was the Asset Management and Procurement Lead at Etihad Airways from August 2016 to February 2021, managing leases and negotiating cost-saving decisions with senior executives. Earlier experience includes positions at GASCO as a Planner and Mechanical Technician, focusing on maintenance and material coordination, and at Abu Dhabi Aircraft Technologies as an Aircraft Planner, specializing in warranty and insurance claims. Mohamed holds a Bachelor's degree in Aerospace Mechanical Engineering from Bedford College, United Kingdom, completed from 2004 to 2007.
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Emirates Development Bank (EDB)
Emirates Development Bank (EDB) is the UAE’s development bank, a key financial engine for the economic development and industrial advancement of the nation. Our mission is to foster a healthy, sustainable, and self-reliant economy through the provision of financing solutions to SMEs and corporates domiciled in the UAE and engaged in any of our five strategic priority sectors. These include advanced technology, food security, healthcare, manufacturing and renewables. Given its developmental mandate, the Bank is not-for-profit, offering patient capital and favourable financing terms to our clients. EDB provides direct financing solutions to all clients and also indirect financing solutions to SMEs through guarantees to our commercial banking partners. We go one step further by fostering the UAE entrepreneurship ecosystem with our unique digital banking product suite tailored to start-ups and also non-financial education and mentoring programmes aimed at advancing creditworthiness and financial literacy. As the UAE’s development bank, EDB seeks to attract and retain the best talent through a supportive culture and continuous professional development opportunities. The Bank’s employees are united by the shared commitment to develop the UAE economy, a goal which is embedded in every aspect of their work and fills them with a sense of pride. Emirates Development Bank’s vision is to be a key financial engine dedicated to the economic development and industrial advancement of the UAE.