Ajman Bank names new risk officer
Ajman, September 19, 2011
Ajman Bank, a leading Islamic banking institution, recently appointed Talal Soubra as its new chief risk officer (CRO).
Soubra brings to the role 26 years’ experience in the banking industry, gained with leading local and international banks in the UAE and Saudi Arabia.
As chief risk officer, he will manage the bank’s credit and operational risk functions, ensure the bank’s practices are in accordance with all applicable laws, and assist the Board of Directors in fulfilling the oversight responsibilities.
Mubashar Khokhar, CEO Ajman Bank, said: “Ajman Bank has put effective risk controls at the centre of all its business practices. Talal’s years of experience and breadth of knowledge will ensure we remain at the forefront of global risk management best practice, creating value for both customers and shareholders.”
Soubra said: “I’m delighted to be joining Ajman Bank, one of the fastest growing financial institutions in the UAE. As the bank continues to expand, I look forward to working with the team to maintain the bank’s strong culture of compliance and good governance.” – TradeArabia News Service