Solidarity - Bahraini managers promoted to Assistant General Managers

Solidarity's HR strategy, that focuses on the development of skilled and professional calibers in the financial services industry especially Bahrainis, will continually contribute to the establishment of solid and healthy working environment devoted to strengthen kingdom's reputation as the capital of conventional and Islamic financial services in the Middle East.

Mr. Ashraf Bseisu, Solidarity's General Manager, has announced the promotion of Mr. Abdullah Sharif Al Rayes to Assistant General Manager - General Takaful Division responsible to manage the divisions operations in the State of Qatar and Bahrain. Mr. Al Rayes joined Solidarity - General Takaful Team as head of Sales where he demonstrated professional business practices and dedication to further improve the firm's business scope. In addition, Mr. Bseisu announced the promotion of Mr. Sayed Mohammad Jawad to Assistant General Manager for the finance and corporate management division in addition to his role in IT and Business development. Mr. Jawad joined the Solidarity team since inception where his dedication and IT technical skills helped in meeting business and clients expectations. Al Rayes and Jawad represent an example to the Bahraini workforce in Solidarity where they took part in the development of the world's best Takaful company that aims to provide better standards of living through a wide range of prudent Sharia'h compliant insurance (Takaful) products.

On another end, and to meet the legal and compliance expectations of the reputable Central Bank of Bahrain, Solidarity management appointed Mr. Waleed Abdulla Hashim as a Senior Manager - Legal & Compliance. Prior joining Solidarity, Waleed worked as a legal counsel for the Ministry of Finance for three years.

On this occasion, Mr. Bseisu said:

"The development and recruitment of Bahraini human resources here at Solidarity represents our commitment to strengthen the kingdom's image as the center of financial services in the Middle East. On another end, being a major player in the region and one of the largest Takaful companies in the world, we feel responsible to further developing our skills and move forward in providing better standards of living by offering general and family Islamic insurance saving and investment plans."

"The Bahraini Workforce is a valuable resource and a key for success in the Kingdom. We are investing in staff development through education to coincide with the evolution of the Bahrain economy," Added Mr. Bseisu.