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GBCorp names new department head

Manama, January 29, 2008

Bahrain-based Global Banking Corporation (GBCorp) has appointed Khalid Al Jaber as head of compliance.

Al Jaber is a banking and finance specialist in Sharia-compliant banking with in-depth management and compliance expertise.

With nearly 20 years of experience in the financial services industry, he brings a wealth of knowledge and financial skill to GBCorp.

His exceptional career and training qualifies him as a specialist in applying Central Bank of Bahrain (CBB) rulebook requirements for Islamic banks, anti-money laundering and combating financing of terrorists.

'As head of compliance, I look forward to working with my team to ensure all business is fully Sharia-compliant and that GBCorp operates in a risk-free environment,' he said.

'My new role will allow me to review and control the effectiveness and safety of the banks policies and procedures, ensuring that our clients continue to trust out ability to advise, manage and grow their wealth whilst adhering to CBB rulebook requirements for Islamic banks.'

'At GBCorp, our global team transcends geographic boundaries to serve as an economic accelerator for investment from within the GCC to markets in the Mena region, Europe and of course the emerging markets of China and India,' said GBCorp chief executive Mark Hanson.

'I am confident that the compliance measures of GBCorp's operations under the leadership of Al Jaber will only strengthen our ability to offer a high-return, Sharia-compliant environment for all our clients.'-TradeArabia News Service




Tags: GBCorp | Shariah | department | Head | compliant |

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