AMLAK appoints Shahli Akram Deputy CEO

Mr. Akram, an industry expert with over 16 years of experience in leading financial institutions, has been appointed by AMLAK to lead the next stage of growth. Prior to joining AMLAK, Shahli Akram worked as Vice president, Dubai area Manager for MashreqBank. He has also held senior positions at Citibank, Dubai Islamic Bank and Standard Chartered Bank in UAE.

As AMLAK's Deputy CEO, Shahli will serve to strengthen the links between AMLAK and the financial services industry.

Welcoming Shahli on board, Mohammed Al Hashimi, CEO of AMLAK, noted that AMLAK is at the crossroads of an important phase in its growth cycle and Shahli comes with the regional expertise required to drive this growth forward.

"This appointment is also particularly fitting in view of the recent directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, UAE Defence Minister that the private sector take an active role in Emiratisation and appoint UAE nationals to positions of responsibility," he added.

Commenting on his role, Shahli said: "It is a great honour for me to take up this position, especially with what I see of AMLAK's ambitious plans for growth and expansion. AMLAK has always been an exemplary model of a company that is consistently responsible for the development of the community and the national human resources."

AMLAK Finance is a pioneer in Islamic real estate and consumer finance and is now the largest public Islamic finance company in the region, having grown its capital base to AED 1.5 billion following its rights issue announcement.