BIsB gives a boost to its management team with two new managers

BIsB has recently welcomed to its staff Mr. Ali Ahmed A. Karim, Senior Manager - Corporate & Institutional Banking and Mrs. Nawal Hashim Al Shieba, Manager - Quality Assurance Retail Banking.

In a statement, Mr. Yousif Saleh Khalaf, BIsB Chief Executive Officer said: "As Bahrain has always taken pride in the efficiency of its qualified workforce, especially in the banking sector, BIsB has been reputed for its concern with attracting the best qualified personnel in the industry, since we strongly believe that qualified Bahrainis are the best available skills in the Bahrain banking market."

"With the recruitment of Ali and Nawal, we are fully convinced that the Bank needs that skills, academic qualifications and experience especially with the arrival of Mr. Nadir Ebrahim to head the Business Banking Department team. I also think that their joining of the Bank's management team and working with the Bank's personnel will reflect positively on the Bank's local and overseas performance."

he added.

Mr. A. Karim has academic qualifications from the University of Bahrain and Bahrain Institute of Banking and Finance in addition to many professional courses and training workshops regionally and internationally.
He has 12-year practical experience which he spent working for a number of financial institutions.

He previously worked in Ahli United Bank as a financial institutional analyst, Gulf International Bank as Vice President and finally in Bank Muscat International as Senior Manager before joining BIsB. He is currently enrolling in Royal Holloway - London University, UK, for MBA.

Mrs. Nawal Hashim Al Shieba, who joined the Bank as Manager - Quality Assurance and Services Retail Banking, has an MBA and auditing from the Nice Wadia University in India. She also has a degree in economic and business administration from Poona University, India.

Nawal also has 17 years of banking experience during which she undertook senior management and executive duties in a number of commercial companies and banking institutions such as Gulf Air, where she worked as Financial Controller and then joined American Express for two years as a controller in the Credit Department. Finally, she worked in Citibank as a manager for about 14 years.

Bahrain Islamic Bank (BIsB) was established in 1979 as the first Islamic commercial bank in the Kingdom of Bahrain, ever since the Bank enjoyed a remarkable growth with its shareholders' equity amounting to about BD72 million and total assets exceeded BD320 million as at the end of 2005.

Publicly listed on the Bahrain Stock Exchange, the Bank, with a Bahrainisation percentage of 98%, is owned largely by prominent local and regional financial institutions and is regulated by the Bahrain Monetary Agency (BMA).