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Manama: Bahrain Islamic Bank (BisB) recently revealed that the Bank’s Chief Information Officer, Osama Nasr, won 20th place on the CIO Middle East top 50 list, which recognizes leading senior technology executives for driving innovation, strengthening resiliency, and influencing rapid change within their organizations across the Middle East Region.
This marks the first edition of the CIO awards held in the Middle East, where the top 50 winners, which were narrowed down from a record-breaking pool of 90 nominees, were announced during the IDC CIO Summit held at the end of February 2021.
The Bank launched several key innovations in 2020 in line with its Simplification strategy, which heavily relied on the Bank’s Information Technology (IT) department working closely together with the ongoing support of the key Bank’s departments, such as the installation of 24/7 self-service kiosks across all the Bank’s extensive network of branches and financial malls, developed entirely by the Bank’s in-house team of Bahraini talent all within the walls of the BisB Innovation Lab.
Several other significant strides were achieved in realm of digital transformation; most notably the launch of end-to-end digital corporate account opening, the launch of electronic Know Your Customer (e-KYC) technology, the introduction of virtual cards, and the release of the open banking feature on the BisB mobile application. The year also saw the launch of a variety of self-service banking solutions, providing customers the luxury of carrying out their banking transactions from anywhere, at any time.
Commenting on the occasion, Mr. Hassan Jarrar, Chief Executive Officer at BisB, revealed, “Our people lie at the heart and soul of all that we do at BisB and we are incredibly proud of Osama Nasr for this outstanding achievement and for his demonstrated leadership throughout the years. He has been a key player in achieving the Bank’s simplification strategy, which seeks to transform the face of traditional customer service through digital transformation.”
CIO Middle East, published by IDG Communications, is a specialised publication for enterprise CIOs and business technology executives in The United States across the Middle Eastern region, offering unparalleled peer insight and expertise on business strategy, innovation, and leadership.
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Shaikha Seyadi
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About Bahrain Islamic Bank (BisB)
Bahrain Islamic Bank (BisB) is the leading provider of Sharia compliant integrated financial solutions in the Kingdom of Bahrain. Since its establishment in 1979 as the first Islamic Bank in the country and the fourth in the GCC, BisB has pioneered the country’s Islamic finance industry and has paved the way in digital transformation to enhance the customer experience and elevate the standards of banking in the Kingdom.
BisB’s competitive edge lies in its approach to simplifying customer’s money matters; the Bank leverages on its Bahraini values to offer an optimal customer experience, and deploys state-of-the-art digital platforms and innovative product and services to enable simpler, faster and hassle-free banking transactions.
© Press Release 2021
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