Al -Baraka Islamic Bank appoints Mr. Yasser Al -Saad as the head of the treasury and investment

Al -Baraka Islamic Bank, the pioneering Islamic bank in the Kingdom of Bahrain, announced the appointment of Yasser Muhammad Al -Saad as the head of the treasury and investment, as this step comes within the framework of the bank’s continuous strategy to enhance and provide its leadership positions with national competencies and expertise, and the formation of a distinguished administrative team that contributes to the continuation of the bank’s growth and prosperity.

Al -Saad has extensive experience in banking and investment work, as his experience and professional career extends for more than 20 years that he has held in many leadership positions in various banks and major financial and credit institutions, and he has experience for many years in overseeing treasury products and managing investment portfolios in banks.

Before joining the Islamic Bank of Al -Baraka, Al -Saad held the position of treasury and investment management in the Bank of Bahrain and Kuwait (Kuwait) for more than eight years, where he was responsible during this period for the department of the treasury and investment portfolio in the Gulf Cooperation Council countries and global markets, in addition to assuming the position of Acting CEO at the same bank from October 2021 to August 2023, and also held the position of the head of the treasury in the United Gulf Bank (Bahrain).

On this occasion, Dr. Adel Salem, CEO of Al -Baraka Islamic Bank, said: “We are pleased to announce the appointment of Mr. Yasser Mohamed Al -Saad to the position of head of the treasury and investment, and his joining the supreme executive management team in the bank. And its prosperity. “

For his part, Yasser Mohamed Al -Saad said: “I am pleased to be part of a distinguished administrative team that leads the continuous development and growth in Al -Baraka Islamic Bank, and I thank and gratitude to the bank’s board of directors and the CEO who gave me confidence to take over this position.” He continued: “I look forward to contributing to work with the treasury and investment team to enhance the position of Al -Baraka Islamic Bank as a leading financial institution in the Islamic banking field and achieve its goals and continue its growth and progress.”

It is noteworthy that Yasser Mohamed Al -Saad holds a Master of Business Administration and Public Administration from the New York Institute of Technology, and he also holds a Bachelor’s degree in Business Administration from the University of Bahrain, and he has a long experience in the treasury and investment field and the formulation of investment strategies and the management of monetary and investment portfolios in banks.

Al -Baraka Islamic Bank is considered one of the most prominent Islamic banks in the Kingdom of Bahrain and has succeeded since its inception in 1984 in achieving distinguished results in its operations and services provided to its customers, individuals and companies, and it has a busy record in the field of innovation, development and providing unique solutions to invest in line with the provisions of Islamic Sharia. It occupies an advanced position among the leading banks that offer Islamic banking products and services to a large number of international customers.