Abu Dhabi, United Arab Emirates - Al Hilal Bank has announced a new senior appointment at the leadership team level; Mr. Jasem AlHosani as the Head of Compliance, to further drive the Bank’s success and its future growth plans.

Alex Coelho, Chief Executive Officer of Al Hilal Bank, stated: “Leading organizations are under an obligation to renew themselves in order to stay ahead. With established professionals who have a wealth of experience in the financial sector, Al Hilal Bank will explore and reach new heights.”

He added: “The appointment of the new team member is in line with the strategic objectives of Al Hilal Bank. We strongly believe that his expertise, accumulated from the banking sector, will further enhance the Bank’s position as a leading financial institution in the UAE and beyond.”

Jasem AlHosani

Mr. Al Hosani is a Certified Anti-Money Laundering Specialist with over 29 years of experience in banking that includes experience in Anti Money Laundering, CFT and customer due diligence.

In his new role, Mr. Al Hosani will be responsible for overseeing all regulatory compliance issues within the Bank. He will lead enterprise compliance efforts, designing and implementing relevant control and policies within applicable local and central bank regulations and guidelines.

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About Al Hilal Bank: 
One of the fastest growing banks in the UAE, Al Hilal Bank is a 100% government-owned progressive Islamic bank headquartered in Abu Dhabi. With authorized capital of AED 4 billion, it was founded by the Abu Dhabi Investment Council, an investment arm of the Abu Dhabi government. Operating with 18 branches in the UAE and 3 branches in Kazakhstan through the help of 1,300 staff members, the Bank provides Shariah-compliant Personal, Wholesale and Treasury banking services to over 100,000 customers and manages the Al Hilal Global Balanced Fund, Global Sukuk Fund and the GCC Equity Fund. Al Hilal Bank was recognized as the Safest Islamic Financial Institution in the GCC by Global Finance in 2016, and attained an A1 Moody’s and A+ Fitch credit rating.

© Press Release 2017