GFH appoints Al Hajeri as chairman

MANAMA: GFH Financial Group has announced the appointment of Ghazi Al Hajeri as the new chairman with effect from last Monday.

Mr Al Hajeri succeeds Jassim Al Seddiqi, who quit his post to focus on other business commitments, after seven years of service, the Bahrain-based Islamic wholesale investment bank said.

Mr Al Hajeri has served on the board of GFH since 2017 and was vice-chairman since July 2021.

Assuming the position of vice-chairman is Edris Al Rafi.

Mr Al Hajeri said: “I feel very privileged to take on this role as GFH continues to successfully execute its strategy, diversify its business lines and expand its international presence and portfolio of investments. The group has effectively navigated challenging global market conditions and strengthened the foundations upon which it will continue to deliver value for shareholders and investors.

“I am looking forward to working further on our strategy and guidance with the board through this next phase of growth. I’d also like to extend our gratitude to Mr Al Seddiqi for his stewardship of the board over the past seven years, and would like to congratulate Mr Al Rafi on his appointment as vice-chairman.”

Mr Al Hajeri has more than 21 years of experience in the investment industry and is the chief executive of Wafra International Investment Company, a Kuwait-based asset management company with $7 billion in assets under management.

Source: https://www.gdnonline.com/Details/1048721