Manama, Bahrain: Global Banking Corporation B.S.C. (c) (GBCORP) today announced new appointments and promotions, to its existing team. The appointments include Mr. Ahmed Al Mahmood, as Shari'a Reviewer within the Shari'a Supervisory Board, Mr. Laeeq Ahmad Hussain as Head of Internal Audit and the promotion of Ms. Fatima Al Banna from Assistant Manager in Human Resources at GBCORP to Manager of Human Resources and Administration in GBCORP's affiliate group Global Real Estate Development Co. [GREDCO].
Commenting on the appointments, Abdul Monaim Al Bastaki, the Chief Operating Officer of GBCORP said, "These appointments are part of GBCORP's initiatives of strengthening its human capital to leverage on emerging opportunities and ensuring that we continue to deliver on our commitment to our investors, shareholders and all stakeholders. We are confident that the new joiners, together with the team in place, will contribute effectively to provide high quality investment products and achieve our business strategies"
Prior to joining GBCORP, Mr. Al Mahmood worked as a Shari'a Auditor for Abu Dhabi Islamic Bank and Al Baraka Islamic Bank. He holds a B.Sc. in Islamic Studies from the University of Bahrain.
Mr. Laeeq Ahmad has joined GBCORP with 14 years of experience, in organizations such as Ernst & Young in Bahrain, Albaraka Islamic Bank, and PriceWaterhouseCoopers. He holds a Bachelor of Commerce degree from Hailey College of Commerce - Lahore Pakistan and Certified Internal Audit from Institute of Internal Auditors - USA.
Ms. Fatima Al Banna, worked for the Arab Insurance Group (ARIG) prior to joining GBCORP as a Recruitment Specialist. She is a certified CIPD from the Chartered Institute of Personnel Practice, UK and holds a B.Sc. in Finance from NYIT and a diploma in Banking and Finance from the University of Bahrain. She also holds various Insurance certificates from BIBF, and a DipCII from the Chartered Insurance Institute in the UK.
"We adhere to the highest standards of best practice, both during employment process and in ensuring talent retention. We have successfully managed to retain our human capital during the financial crisis, and plan to continue investing in our main asset, our people. We wish all of these employees the best of luck in their new capacities," added Mr.Bastaki.
GBCORP has built a strong reputation as a sought after, equal opportunity employer. As an institution, it highly supports Bahrainization with 85% Bahraini taskforce. GBCORP is also well known for its support of woman in the workforce, with approximately 37% female staff.
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About Global Banking Corporation:
Global Banking Corporation B.S.C. (c) [GBCORP] is an Islamic investment bank incorporated in the Kingdom of Bahrain in June 2007. GBCORP pursues a dynamic business model, primarily focusing on the core business areas of private equity, real estate and infrastructure development, energy, asset management, advisory services in corporate finance and capital markets and portfolio management services, backed by a management team with a cumulative experience and expertise of more than 30 years in international banking.
GBCORP's shareholders and members of the board are prominent personalities, representing the leading business institutions from within the region and bring a wealth of liquidity and sectoral expertise to the organization.
GBCORP's business strategy is to capitalize on new opportunities to transcend global boundaries and serve as a unique accelerator for investments from within the GCC to potential markets in the MENA region, South East Asia and North America.
About Global Real Estate Development Company:
Global Real Estate Development Company "GREDCO" - is an organization dedicated towards providing specialized services in the real estate development sector to the local and global market.
GREDCO is a joint venture between Global Banking Corporations "GBCORP", an Islamic Investment Bank, and a group of privet investors.
GREDCO's portfolio of services include Real Estate Development, Project Management , Real Estate Asset Management, Facilities Management, Acquisition and Technical due diligence, Master planning and design, Financial analysis and modeling, Project marketing, leasing and Sales/divestment.
GREDCO has commenced operations by providing specialized services on real estate development projects to GBCORP and its associate companies. GREDCO aims to progressively build on its geographic reach with initial primary focus on the GCC and MENA region and international presence in chosen countries.
For more information, contact:
GBCORP
Zain Al Shaker
Head of Corporate Communications
Mobile +973 36971117
zalshaker@gbcorponline.com
Maryam Busmait
Associate
Mobile +973 36021113
mbusmait@gbcorponline.com
© Press Release 2010
