MANAMA: Gulf International Bank (GIB) has announced the appointment of its new board of directors chaired by Abdulla Al Zamil, with Dr Najem Al Zaid as the vice-chairman.

New members of the board are GIB Group chief executive Abdulaziz Al Helaissi, Saudi Arabia’s Public Investment Fund (PIF) Local Holdings Investment Division director Sultan Al Sheikh, PIF chief operating officer Bander bin Mogren, PIF Global Capital Finance senior managing director Fahad Al Saif, economic and financial expert Dr Khalid Alsweilem, banking expert Rajeev Kakar, and FinTechForum co-founder Frank Schwab.

The term is from November 10, 2021 until November 9, 2024.

The board confirmed the appointments and the formation of committees and their chairpersons.

Mr Al Zamil said: “We are pleased to welcome the new members of the board and we look forward to their contributions to achieving GIB’s strategy and improving the level of services provided to our clients. I am pleased to work with everyone at this important stage in GIB’s journey. The board’s experience in digital banking and innovation, as well as in financial, legal, and strategic affairs, makes us confident that GIB will fulfill the aspirations of our shareholders, customers, and employees and create added value for our customers and shareholders.”

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