MANAMA: SICO has announced the appointment of Mohammed Alabbas as its new head of distribution and business development.

The appointment forms part of ongoing efforts to enhance the management team by attracting high-quality talent in the finance industry and support their growth and career development within the bank.

Najla Al Shirawi, chief executive of SICO, said: “We strongly believe in career development and preparing our employees to advance and achieve leadership positions. Mohammed has been part of SICO’s team for many years, and we are confident that his skills and expertise will allow him to add tremendous value to the firm as well as Bahrain’s financial market.”

Mr Alabbas has more than 16 years of experience in the banking sector across the region.

He first joined SICO in 2015, holding the position of assistant vice-president before being appointed as head of distribution and business development.

Mr Alabbas holds a BA in business economics and a minor in human relations from St Cloud State University, Minnesota.

He also holds the international wealth manager certification from the Chartered Institute for Securities & Investment, as well as the CFA Level II qualification.

Commenting, Mr Alabbas said, “I look forward to leveraging my years of experience to contribute to SICO’s expansion strategy, financial growth and continue to offer our clients unmatched financial services across the region by focusing on rolling out innovative products, leveraging the advancement of fintech and young investors’ ever-expanding appetite for advanced financial services while providing optimal return on investment and protecting their wealth and assets which allows SICO to add significant value for our clients.”

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