Abdullah Taqi, Chairman of the Board of Directors of the Gulf Bank, succeeding Hisham Al -Rayes

Gulf Bank announced the appointment of Mr. Youssef Abdullah Taqi as Chairman of its Board of Directors, to succeed Mr. Hisham Ahmed Al -Rayes.

On this occasion, Mr. Hisham Al -Rayes, Chairman of the Board of Gulf Bank, welcomed the appointment of Mr. Youssef Taqi as the new chairman of the bank’s board of directors, praising his experience in the Islamic banking sector, and expressing his full confidence in his ability to lead the bank in the next stage to implement the new strategic growth goals, and at the same time affirming his experience, vision and strong relationships in the banking sector at the local and regional levels they will form A major factor in advancing the growth and development wheel for the bank in the next stage. “My decision came to step down from the chairmanship of the Gulf Bank’s board of directors with the aim of devotion to focus on the responsibilities and tasks assigned to me in the GFH Financial Group, and to continue to work to pay its growth and achieve the aspirations of its shareholders. The three years that I spent in the chairmanship of the Gulf Bank Board of Directors were full of challenges and opportunities, during which the bank witnessed many important achievements, most notably the launch of the new trade identity of the bank in 2023, in addition to To enhance the foundations on which the bank has been established and the development of renewable visions and strategies that are in line with the rapid changes in the banking sector and the needs of customers, as we have been keen during this period to focus on providing innovative and advanced banking solutions that are appropriate to the requirements of the digital age, and we contributed to the consolidation of the bank’s position as a leading financial institution capable of keeping pace with future developments. The cooperation that had a great impact in achieving these successes, and I wish Mr. Youssef Taqi all the best in leading the bank towards more growth and prosperity. “

Mr. Youssef Taqi, Chairman of the Board of the Gulf of the New Bank, expressed great thanks and appreciation to the former Chairman of the Board, Hisham Al -Rayes, for the sincere efforts he made during his assumption of the chairmanship of the Council, and for his confidence and continuous support. He also thanked the GFH Financial Group for the precious confidence, stressing his commitment to serious and fruitful work to achieve the bank’s vision and strategic goals, looking to build on the achievements achieved during the past years to continue the journey of growth and progress and enhance the bank’s position in the banking sector, and stressing its keenness to cooperate with the work team and the board of directors to contribute to the march of Gulf bank growth and prosperity. He added: “I am pleased and honored by my choice to chair the Board of Directors of the Gulf Bank in this important stage of the bank’s march, and I look forward to building the achievements it has achieved and working with colleagues in the council and the executive management to develop innovative strategies that enhance the bank’s position in the sector and meet the aspirations of the valued customers, in order to achieve sustainable growth and enhance the bank’s value for its shareholders, and we are all confident that we will be able to achieve this through serious joint work.”