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BBK names executives in reorganisation push

Bahrain Business
Wed, 04 Jan 2017
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MANAMA: BBK has made new executive appointments as part of a reorganisation plan, it announced yesterday.

Dr Abdulrahman Saif has been appointed deputy chief executive and head of wholesale banking group whereas Mohammed Malik is deputy CEO and head of retail banking group.

The other key appointees are Jamal Al Sabbagh as general manager and head of information technology and operations group, Hassan Mohammed Burshaid as general manager and head of human resources and administration group, Mohammed Abdulla Isa as general manager and head of financial planning and control group and Neil Sharp as assistant general manager and head of treasury and investment division.

Dr Saif’s experience spanning more than 34 years includes stints at the Central Bank of Bahrain (CBB) and in the banking services sector.

He will be responsible for corporate and international banking services as well as treasury and investment.

Mr Malik has more than 31 years of experience in banking, including organisations such CrediMax, BBK’s wholly-owned subsidiary, which he headed for many years.

He will be responsible for the retail banking services, in addition to remedial management.

Mr Malik will also be supervising BBK subsidiaries and overseeing a number of strategic projects.

Mr Al Sabbagh has more than 36 years of experience in the banking sector.

He will be responsible for the group’s information technology and operations in Bahrain and overseas.

Mr Burshaid’s experience in human resources spans more than 22 years in the private and public sectors.

He will be responsible for the group’s human resources and administration in the kingdom and overseas.

Mr Isa has 25 years of experience in financial management.

He will be responsible for the group’s financial operations in Bahrain and overseas.

The new structure is part of the bank’s three-year strategy (2016-2018) and has been approved by its board of directors and the CBB.

In a statement, CEO Reyadh Sater praised the efforts of the board in nurturing national talent and enabling Bahrainis to assume key positions in the bank.

“The appointments and internal promotions are the outcome of a succession planning strategy.

“They are also in line with re-organisation of the senior management aimed at fostering the bank’s development goals,” he added.

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