BisB appoints three new board members

Commenting on the occasion, the Chairman of BisB, Dr Esam Abdulla Fakhro, said: “On behalf of the Board of Directors of BisB, it is with great pleasure that I extend my congratulations and welcome to the new members of the Board of Directors. We look forward to working together to achieve unprecedented levels of growth for BisB.”

 

Dr Fakhro added: “These appointments come in light of the plans drawn up after the success of National Bank of Bahrain’s (NBB) acquisition of additional shares in Bahrain Islamic Bank by 49.75 per cent, bringing the total shares owned by NBB in BisB to a total 78.81 per cent. We are extremely confident in the competencies and expertise of the new members that span across key areas including banking, Human Resources and Corporate Strategy development, this addition will further enable the Board of Directors of BisB to increase its effectiveness and achieve the goals and visions of the Bank.”

 

The three newly appointed members of the Board of Directors of BisB currently occupy key positions within the structure of the executive management of NBB, where Durand has held the position of CEO since 2016, bringing over 37 years of international and regional banking and finance experience which he gained across senior leadership roles at leading global banking institutions. Buheji, the Chief Human Resources Officer of NBB, has more than 19 years of experience in Human Recourses across major corporations and organisations in the kingdom. AlSharifi, the Chief Strategy Officer of NBB, boasts over 24 years of experience in investment management and corporate finance across the GCC, Europe and the US. He also leads NBB’s digital transformation and innovation efforts, specialising in strategy definition and implementation as well as supervising NBB’s operations in Saudi Arabia and the United Arab Emirates.-- Tradearabia News Service