Arshan Merchant appointed as Head of Internal Audit at GBCORP

Mr. Merchant brings a wealth of experience to the Audit team, with 10 years of experience in the field and a vast knowledge of conducting risk based internal audits, financial reporting standards and implementing shari'a standards and Islamic principles.

Mr. Merchant began his career as a Chartered Accountant at KPMG, Bahrain and before joining GBCORP, he held the position of the Head of Internal Audit Department at Addax Bank BSC(c). Mr. Arshan also held other positions in other investment Banks in GCC.

Speaking on Mr. Arshan Merchant's appointment, the GBCORP Vice-Chairman and Managing Director Abdul Rahman Mohammed Al Jasmi said: "We are very pleased to welcome Arshan Merchant on board. I am certain that he will be a valuable addition to our team of highest caliber banking professionals. His expertise and experience will benefit the bank by contributing to the robust internal controls of the bank, besides providing an independent oversight on the business processes to the Board."

"I am delighted to be a part of GBCORP," said Mr. Merchant. "I very much look forward to working for such a fresh, dynamic organisation where I feel I can fully utilize my best practices skill set and methodology for analyzing business processes and of course recommending solutions."

Mr. Arshan Merchant holds a Bachelor of Commerce from Mumbai University, India, as well as Certificates as an Associate Chartered Accountant (ACA), Certified Internal Auditor (CIA), and Certified Information and System Auditor (CISA).

GBCORP develops new Islamic investment offerings that align with investors' personal values. As a fast-growing Islamic investment bank, GBCORP's aim is to provide its clients with global shari'a compliant investment opportunities whilst offering a professional and personalised service.