Middle East Turnaround: Strategy at Abu Dhabi Commercial Bank after the Financial Crisis

Published 26 Aug 2013
Reference 6000
Industry Banking
Region Middle-East
Summary

Abu Dhabi Commercial Bank had experienced huge success before the 2008 financial crisis caused a spectacular downturn. Grasping the gravity of the situation, a new CEO engages in a successful turnaround. The case highlights the role of leadership, creating a culture of collaboration, and implementing new systems in accomplishing this.

Teaching objectives

To highlight the roles of leadership, culture, and control systems in executing a turnaround. The manner in which these different factors interact and the role of leadership turnover in accomplishing a turnaround are also key factors.

Keywords
  • Banking
  • Strategy
  • Crisis Management
  • Middle East
  • Management
  • Q41213
  • ADEC