International Investment Bank appoints new chief
MANAMA, September 2, 2015
Bahrain-based International Investment Bank (IIB) has appointed Subhi F Benkhadra as its new chief executive officer.
Benkhadra, previously the chief executive officer of Abu Dhabi based Baniyas Investment and Development Company, replaces Fareed Bader, the acting chief executive officer who will continue in the role of executive committee member at the bank.
He is an experienced financial leader with a wealth of experience in traditional and Islamic investment banking in the UK and the Middle East.
Specialised in developing investment and product strategies focusing on Islamic countries, corporate governance and compliance and asset management activities in the Arab world, Benkhadra has deep knowledge of the financial industry and has successful leadership experience across a wide range of investment banking products and services.
Saeed Abdul Jalil Al Fahim, chairman of IIB, said: “We are delighted to welcome Benkhadra to lead the further development of IIB. We are positive that his experience and clear vision for the future will strengthen the bank’s position in the regional financial markets.” - TradeArabia News Service