Ithmaar Bank announces key promotions

The promotion of key executives as the Bank gears itself for additional growth and an increased focus on customer centricity

Ahmed Buqais

Ahmed Buqais

MANAMA, BAHRAIN:  Ithmaar Bank, a Bahrain-based Islamic retail Bank, announced today (ed note: 29/12/19) the promotion of key executives as the Bank gears itself for additional growth and an increased focus on customer centricity.

The announcement, by the Ithmaar Group Chief Executive Officer, Ahmed Abdul Rahim, include the promotion of Saqib Mustafa to Assistant General Manager, Chief Financial Officer; the promotion of Enas Mohammed Rahimi to Executive Senior Manager, Head of Human Resources; the promotion of Mohammed Ali Safar to Executive Senior Manager, Head of Private Banking; and the promotion of Ahmed Fareed Buqais to Executive Senior Manager, Head of Information Technology.

Abdul Rahim congratulated the executives on their promotions, and wished them continued success in their careers.

Ithmaar Bank is committed to becoming the retail bank of choice in Bahrain,” said Abdul Rahim. “It is a commitment we take very seriously and we recognize that, to realize such an ambitious goal, we must continuously improve our products and services while listening closely to our customers and working to grow closer them,” he said.

“Ithmaar Bank recognizes its employees as its greatest asset, and we have long maintained that, ultimately, our success story as a bank, is one that must be written by our people,” said Abdul A. Rahim. “As a result, we invest heavily on continuously developing our employees and ensuring they remain among the best in the Kingdom,” he said.

Earlier this year, Ithmaar Bank announced three key appointments and named Mohamed Hassan Janahi as General Manager, Head of Retail Banking Group; Abdulla Abdulaziz Talib as General Manager, Head of Business Banking Group, and Yusuf Abdulla Alkhan as General Manager, Head of Information Technology (IT), Banking Operations and Administration.

The recent promotions are in-line with the Bank’s long-standing commitment to reinforcing its merit-based culture, promoting from within and developing its entire workforce, including the leadership.  


About Ithmaar Bank:

Ithmaar Bank B.S.C. (closed) (“Ithmaar Bank”) is a Bahrain-based Islamic retail bank that is licensed and regulated by the Central Bank of Bahrain and provides retail, commercial, treasury & financial institutions and other banking services.

Ithmaar Bank is a wholly owned subsidiary of Ithmaar Holding B.S.C. (formerly named Ithmaar Bank B.S.C.) which is listed on the Bahrain Bourse, Dubai Financial Market and Bourse Kuwait.

Ithmaar Bank provides a diverse range of Sharia-compliant products and services that cater to the financing and investment needs of individuals and institutions. Ithmaar also maintains a presence in overseas markets through its subsidiary, Faysal Bank Limited (Pakistan) and locally through Dilmunia Development Fund I L.P. 

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