Bahrain: Ithmaar Holding appoints new CEO

Traders look at the screens at Bahrain Bourse in Manama, Bahrain, February 7, 2018. Image for illustrative purposes.
Hamad I Mohammed

Before assuming the new position, Almaskati served as Ithmaar Bank’s Assistant General Manager for the Business Banking Group

Staff Writer, Mubasher

June 12, 2024

PHOTO
Traders look at the screens at Bahrain Bourse in Manama, Bahrain, February 7, 2018. Image for illustrative purposes.

Bahrain - Ithmaar Holding, which is listed on Bahrain Bourse as well, has selected Maysan Faisal Almaskati as CEO for the company and its two subsidiaries; Ithmaar Bank and IB Capital.

Before assuming the new position, Almaskati served as Ithmaar Bank’s Assistant General Manager for the Business Banking Group, according to a bourse filing.

He has a more than 24 years of experience in the investment and banking sector.

In the first quarter (Q1) of 2024, Ithmaar Holding has logged a net profit attributable to the owners of $6.84 million.

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