GFH appoints new chairman
Manama, October 5, 2013
Bahrain-based Islamic investment bank Gulf Finance House (GFH) yesterday appointed Dr Ahmed Al Mutawa as the new chairman following the resignation of Essam Janahi, said a report.
Janahi tendered his resignation at the last meeting of the board of directors, reported the Gulf Daily News, our sister publication.
Dr Al Mutawa, a UAE national, has been serving as the vice-chairman for the past two years. He brings more than 34 years of experience to the bank, the report said.
Dr Al Mutawa was earlier the managing director of the Abu Dhabi-based Khalifa Fund for Enterprise Development. He has also served as the secretary-general of Gulf Organisation for Industrial Consulting.
He is presently a board member in various banking, educational and business conglomerates, stated the report.
Dr Al Mutawa has been closely involved in the restructuring of the GFH and the development of its current strategy, it added.-TradeArabia News Service
More Finance & Capital Market Stories
- Bahrain banking industry outlook 'positive'
- New India Assurance opens Bahrain branch
- Qatar sets up mixed business incubator
- Kuwait budget spending up 8pc in April-Jan
- Thomson Reuters to host Mena IFR awards
- ADIB offers smartphone industry investment
- Gulf Finance House to start $3bn Tunisia project
- KFH completes ICT project upgrade
- Egypt urban annual inflation slows to 9.8pc
- BIBF signs deal with Palestinian institute
- Bahrain’s GDP set to expand 12pc
- KFH-Bahrain rebrands priority banking
- Bank Nizwa wins top Islamic bank award
- Qatar labour costs may jump: IMF
- Kuwait Q3 trade surplus hits $23bn
- Dubai trade growth up 7.6pc to $362bn
- Deloitte appoints new managing director
- Al Ramz tops UAE trading in Feb
- IFC in $150m loan deal with Bank Audi
- SME funding focus for Abu Dhabi forum
- Insurance House posts second year of profit
- ETF global assets hit record $2.44 trillion
- Bahrain firms plan IPOs
- Serbia wins $1bn Abu Dhabi loan
- Key equity banker resigns from Saudi Fransi
- DMCC to boost Islamic commodity trade with tie-ups
- IDB, KIA units to invest in Morocco
- First Gulf to set up $1bn sukuk in Malaysia
- Singapore’s UOB Bullion and Futures joins DGCX
- Infrastructure investment ‘key to growth’