09 April 2013
Muscat: alizz islamic bank has announced that Malcolm Mckinnon, Deputy General Counsel of Abu Dhabi's International Petroleum Investment Company (IPIC), has been appointed to the Bank's Board of Directors. Mckinnon, an experienced legal counsel, represents aabar Investments, one of the bank's four founding promoters, and succeeds Mohamed Badawy Al-Husseiny, Chief Executive Officer and Board Member of aabar Investments. aabar is a subsidiary of IPIC.
"Mohamed Al Husseiny played a key role in defining our vision, and assisting with the Bank's successful IPO and establishment activities. On behalf of the Board of Directors, I would like to thank him for his contribution and commitment" said His Highness Sayyid Taimur Bin As'ad Al Said, Chairman of alizz islamic bank. His Highness added, "We are very pleased to welcome Malcolm Mckinnon to our Board of Directors. His significant experience in executing and managing large investments and partnerships with leading companies, combined with his legal background, will add great value to our development plans."
As a result of this decision by aabar Investments, the position of Deputy Chairman is now vacant and the Board of Directors will announce a replacement shortly. The appointment will be subject to the approval of the Central Bank of Oman.
Careful approach
With corporate and retail operations expected to commence during the third quarter of 2013, alizz islamic bank is taking a careful approach to gain valuable market insights and further refine its innovative product and service proposition. The Bank will strive to offer an enriching customer experience inspired by Islamic Shariah that is designed for today's modern world.
At the heart of its operations are transparent processes, best of breed technology and exceptional customer service. alizz islamic bank is one of the first dedicated Islamic banks in Oman. With an aim to offer customers an enriching banking experience designed for today's modern world.
Muscat: alizz islamic bank has announced that Malcolm Mckinnon, Deputy General Counsel of Abu Dhabi's International Petroleum Investment Company (IPIC), has been appointed to the Bank's Board of Directors. Mckinnon, an experienced legal counsel, represents aabar Investments, one of the bank's four founding promoters, and succeeds Mohamed Badawy Al-Husseiny, Chief Executive Officer and Board Member of aabar Investments. aabar is a subsidiary of IPIC.
"Mohamed Al Husseiny played a key role in defining our vision, and assisting with the Bank's successful IPO and establishment activities. On behalf of the Board of Directors, I would like to thank him for his contribution and commitment" said His Highness Sayyid Taimur Bin As'ad Al Said, Chairman of alizz islamic bank. His Highness added, "We are very pleased to welcome Malcolm Mckinnon to our Board of Directors. His significant experience in executing and managing large investments and partnerships with leading companies, combined with his legal background, will add great value to our development plans."
As a result of this decision by aabar Investments, the position of Deputy Chairman is now vacant and the Board of Directors will announce a replacement shortly. The appointment will be subject to the approval of the Central Bank of Oman.
Careful approach
With corporate and retail operations expected to commence during the third quarter of 2013, alizz islamic bank is taking a careful approach to gain valuable market insights and further refine its innovative product and service proposition. The Bank will strive to offer an enriching customer experience inspired by Islamic Shariah that is designed for today's modern world.
At the heart of its operations are transparent processes, best of breed technology and exceptional customer service. alizz islamic bank is one of the first dedicated Islamic banks in Oman. With an aim to offer customers an enriching banking experience designed for today's modern world.
© Times of Oman 2013
