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Thursday, November 26 - 2009

Shamil Bank announces more staff promotions

  • Bahrain: Saturday, August 16 - 2008 at 12:16

Shamil Bank, a leading Bahrain-based Islamic commercial and investment bank and a wholly-owned subsidiary of Ithmaar Bank, announced further staff promotions as part of its recent corporate restructuring.

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  • Farook Al Awadhi - Assistant General Manager, Corporate Banking.
    Farook Al Awadhi - Assistant General Manager, Corporate Banking.
Last month Shamil Bank announced several key promotions in line with its long term strategic objectives.

The Bank's recent promotions saw Mohammed Janahi appointed to the position of Assistant General Manager, Retail Banking and Farook Al Awadhi appointed to the position of Assistant General Manager, Corporate Banking.

Both positions will report directly to the Chief Executive. In addition, Essa Al-Jalahma has been promoted to Senior Manager, Human Resources.

"Shamil Bank's recent promotions highlight our efforts to consolidate our position as the leading Islamic bank in the Kingdom. Mohammed, Farook and Essa have demonstrated superior management capabilities and have a proven track record with Shamil Bank. We are confident that their expertise will enhance the performance of their respective departments and we wish them the best in their new roles,"

said Faisal M. Al-Alwan, Chief Executive, Shamil Bank.
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Notes and media contacts

About Shamil Bank:
Shamil Bank is a Bahrain-based Islamic retail bank licensed and regulated by the Central Bank of Bahrain, with commercial and investment banking activities. It has grown steadily to become one of Bahrain's leading financial institutions.

Shamil Bank provides a diverse range of products and services that cater to the financing and investment needs of individuals and institutions. Conducting its business in compliance with the principles of Sharia, it operates a network of local branches and maintains a presence in overseas markets through its subsidiaries, associated and affiliated companies.

Shamil Bank is a wholly owned subsidiary of Ithmaar Bank BSC, a full service investment bank.

About Ithmaar banking group:
The Ithmaar banking group consists of: Ithmaar Bank, Shamil Bank, Solidarity (an Islamic insurance company), Faisal Private Bank (Switzerland), Faysal Bank Limited (Pakistan), First Leasing Bank and Ithmaar Development Company. The group's services, including investment, private, retail, and commercial banking, private equity, mergers & acquisition advice, takaful, leasing, and real estate development, form a 360 degrees value chain that embraces the entire spectrum of banking and financial services.

For further information please contact:
Maya Ribeiro
Country Manager
Action Bahrain
P.O Box 21806
Manama, Kingdom of Bahrain
T +973 17 234553
F +973 17 234557

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