BisB appoints new board members

MANAMA: Bahrain Islamic Bank (BisB) has announced the appointment of three new board members – Jean-Christophe Durand, Yaser AlSharifi and Dana Buheji – following the decision of the board of directors last week.

Bank chairman Dr Esam Fakhro said, “These appointments come in light of the plans drawn up after the National Bank of Bahrain’s (NBB) acquisition of 49.75pc additional shares in BisB, taking the total shares owned by NBB to 78.81pc. We are extremely confident of the new members who have competencies and expertise spanning across key areas including banking, human resources and corporate strategy development. Their addition will further enable the board to increase its effectiveness and achieve the goals and visions of the bank.”

The three newly appointed members of the board of BisB currently occupy key positions within the executive management of NBB.

Mr Durand has been the chief executive of NBB since 2016, with over 37 years of international and regional banking and finance experience which he gained across senior leadership roles at leading global banking institutions.

Ms Buheji is the chief human resources officer of NBB, having more than 19 years of experience in human resources across major corporations in the kingdom.

Mr AlSharifi is the chief strategy officer of NBB, and has over 24 years of experience in investment management and corporate finance across the GCC, Europe and the US.

He also leads NBB’s digital transformation and innovation efforts, specialising in strategy definition and implementation and also supervises NBB’s operations in Saudi Arabia and the UAE.

According to a filing by BisB to Bahrain Bourse, the new board appointees replace Gen Ebrahim Abdulla Al Mahmood and Abdulla Ahmed Kamal both representing SIO, and Muhammed Zarrug Rajab representing the Islamic Development Bank.

Source: http://www.gdnonline.com/Details/782135/BisB-appoints-new-board-members