COMMUNITY NEWS
Ithmaar Bank Announces Deputy CEO Appointments
Nov 7, 2017 3:48 PM
Ithmaar Bank Announces Deputy CEO Appointments
Ithmaar Bank, a Bahrain-based Islamic retail Bank,
announced today (ed note: 07/11/17) the promotion of its two most senior
executives to the post of Deputy Chief Executive, and named Abdulhakeem Khalil
Al Mutawa Deputy Chief Executive Officer – Banking Group, and Ravindra Anant
Khot Deputy Chief Executive Officer – Support Group.
The announcement, by the Ithmaar Group Chief
Executive Officer, Ahmed Abdul Rahim, is in-line with the Bank’s long-standing
commitments to reinforcing its merit-based culture, promoting from within and
developing its entire workforce, including the leadership.
“This is an exciting time for Ithmaar as we work
to turn the Bank around and prepare for future opportunities,” said Abdul
Rahim. “Our continued success as an organization is determined, to a very large
extent, by the quality of our people and I am pleased to note that we have such
remarkable talents, at all levels, on board and helping lead the way forward,”
he said.
Prior to his appointment as Deputy Chief Executive Officer - Banking Group, Al Mutawa, who joined the group in 2003, was the Ithmaar Bank General Manager, Banking Group, since September 2013. He has more than 35 years of management and banking experience and has held other senior positions at Ithmaar Bank, including Assistant General Manager, Head of Private Banking. Al Mutawa holds an MBA from the University of Bahrain and a Bachelor degree in engineering from the University of Texas at Austin.
Prior to his appointment as Deputy Chief Executive
Officer - Support Group, Khot, who joined the Group in 2007, was the Ithmaar
Bank Chief Operating Officer since September 2013. He has more than 31 years of
banking and finance experience and has held other senior positions at Ithmaar
Bank, including Chief Financial Officer. Khot is a Fellow Chartered Accountant
(FCA), the Institute of Chartered Accountants of India, and holds a Bachelor of
Commerce, (Financial Accounting) from the University of Mumbai, India.