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Ibdar Bank appoints new CEO

MANAMA, September 15, 2014

Bahrain-based Ibdar Bank has announced the appointment of Basel Al-Haj-Issa as the bank’s new chief executive officer.

Al-Haj-Issa will play a leading role in driving business performance and strategic initiatives, supporting and advising the board, a statement from the bank said.

Chairman Paul Mercer, who made the announcement on behalf of the board of directors, said: “Al-Haj-Issa's skills and career history match the aspirations of Ibdar Bank. He has a distinguished record of accomplishment in the investment banking industry and strong international experience. His deep understanding of our markets and business partners’ needs and his banking expertise will be invaluable in taking Ibdar Bank forward in these changing times to the next stage in its development.”

“We are confident Al-Haj-Issa's appointment, as Ibdar's CEO, will contribute to the bank's capabilities and leadership while strengthening its position in Bahrain and the region,” Mercer added.

Al-haj-Issa is a senior banker with over 20 years of international exposure in Islamic Investment and commercial banking in the GCC and Mena, CIS and South East Asia. Prior to joining Ibdar Bank, he was the chief executive officer of Saba Islamic Bank in Republic of Yemen.

Al-Haj-Issa holds a Master degree in Business Administration and Bachelor of Science (Mathematics) from Marshall University, US. – TradeArabia News Service
 




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