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| 24 January, 2017

Warba Bank names Simon Clements chief retail banking officer

Warba Bank announced that Simon Clements has been named Chief Retail Banking Officer.

Warba Bank names Simon Clements chief retail banking officer
24 January 2017

Warba Bank has today announced that, with immediate effect, Simon Clements has been named Chief Retail Banking Officer, taking over the responsibilities for Warba’s Retail Banking Group.

In this role as Chief Retail Banking Officer, Clements will work towards enhancing customer experience and developing new and personalized products and services for our customers, significantly bettering our capability to support the Bank’s growing presence in the regional retail banking market.

Clements joined Warba Bank in July 2014 as Chief Operations Officer with a track record of extensive professional experience as having previously held senior executive positions heading operations and technology divisions at a number of leading banks throughout Europe, Asia and the Middle East.

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He has over 30 years of experience in operations, IT and retail banking functions in financial institutions during which he has developed and implemented winning strategies. In more recent years, he has successfully managed the retail operations at two major banks in the region delivering enhanced growth and profitability through the execution of aggressive strategic plans.

Clements started his career with major US bank, Chemical Bank (now JP Morgan Chase), where he progressed to the position of VP, UK operations after having successfully established the bank’s branches in Hong Kong and the Philippines. He holds a business degree from Manchester University in the UK.

-Ends-

About Warba Bank:
Warba Bank was established by virtue of an Emiri Decree. On April 5, 2010 it was officially registered in the Islamic banking register of the Central Bank of Kuwait.‎‎ ‎The bank offers a wide range of Sharia-compliant services and customized solutions that are available through the three working groups of the Bank:‎ ‎Individuals Banking Services, Corporate Banking Services, and Investment and Treasury. ‎‎The Bank's branches are spread in ten strategic locations, and employ more than 400 employees.‎‎

© Press Release 2017