Arab Financial Services Company BSC (AFS) has appointed Shankar Sharma as the new chief executive officer.

This follows the resignation of Rasool Hujair.

Shankar, currently the chief financial officer, will take on this new role with immediate effect to provide a seamless transition within the management team.

“During the last two and a half years Rasool has led the company with great passion and enthusiasm which is reflected in AFS’s position in the market today. Since 2005 the company has grown significantly and that can be attributed to Rasool’s leadership as well as our great people and clients,” said Ghazi Abdul-Jawad, chairman of Board of Directors, AFS.

Sharma has more than 20 years experience in the financial sector, mostly in the Middle East region. In the last four years Shankar has held the role of chief financial officer at AFS. Prior to that, he held a senior management role at the National Commercial Bank, Saudi Arabia for five years and spent four years working for a leading European bank in Canada. – TradeArabia News Service