Solidarity appoints Manager of Internal Audit to implement comprehensive control

Mr. Hassan, will be based at the Headquarters in the Kingdom of Bahrain.

Solidarity's new appointment further highlights the responsibility of the private sector of private sector companies in activating the role of internal oversight to protect the company's assets. Mohamed's responsibilities are to verify the validity and credibility of financial operations and encourage employees to apply best business practices.

Solidarity's internal audit functions, financial or administrative, focus on supporting all evaluation and control mechanisms. The latter requires continual improvement to facilitate follow-ups with customers and shareholders. These functions involve several departments within the Family Takaful and General Takaful divisions aiming to deliver competitive products and services. In addition, it monitors the performance of the Finance and Corporate Management division that includes marketing, investments, finance, information technology and human resources departments.

Prior to joining Solidarity, Mohamed has held a number of positions including Senior Auditor at the National Audit Court, Auditor at PriceWaterHouseCoopers and as Auditor trainee at Ernst & Young.

Mohammad has a BSC in Accounting from the University of Bahrain. In 2006, Mohamed was honoured with the CIA (Certified Internal Auditor). In addition, he holds the CFSA (Certified Financial Service Auditor) and the CPA (Certified Public Accountant) in 2007.

Commenting on the new appointment, Mr. Ashraf Bseisu, Solidarity's General Manager Finance & Corporate Management division, said:

"Solidarity's strategy focuses on establishing specialised functions within each division aiming to further penetrate the market and provide effective and efficient means of business development. In order to continually review and enhance the application of best business practice; Solidarity drafted internal audit policies and appointed Mohamed for internal auditing control; The appointment shows our efforts towards the implementation of strategies that enhance the company's leading role as a prominent provider of General & Family Takaful."