Money and business

Bahrain Association of Banks announces the formation of its committees

The Bahrain Association of Banks announced the approval of the formation of 12 new specialized committees, covering various aspects of banking and financial work, as part of its strategy aimed at keeping pace with the rapid developments in the banking industry, and enhancing the association’s role as an effective platform for developing the sector in the Kingdom.

These committees include more than 140 executives and workers in various banking and financial institutions who are members of the association. The committees included the Anti-Money Laundering and Compliance Committee headed by Abeer Al-Shehabi, and the Digital Transformation and Innovation Committee headed by Dr. Youssef Al-Mas, the Financial Supervision Committee headed by Mahmoud Taheri, the Human Capital Committee headed by Ms. Afnan Saleh, the Investment Banking Services Committee headed by Nael Mustafa, and the Islamic Banking and Sharia Standards Committee headed by Dr. Sheikh Abdul Nasser Al-Mahmoud, the Legal Committee headed by Kabi Al-Hakim, the Retail Banking Committee headed by Sabah Al-Zayani, the Risk Management Committee headed by Ibrahim Mishal, the Corporate and Small and Medium Enterprises Banking Services Committee headed by Wissam Baqir, the Treasury Committee headed by Muhammad Al-Rayes, and the Corporate Communications Committee headed by Hisham Abu Al-Fath.

In preparation for the launch of the work of these committees, the association organized an introductory meeting during which it gave a brief presentation on the work strategy, governance of the committees, and its operational plans for the next stage.

In her statement on this occasion, Zeba Askar, CEO of the Bahrain Association of Banks, confirmed that the formation of these committees represents a pivotal step in the association’s journey to enhance the banking and financial work environment in the Kingdom, expressing the thanks and appreciation of the Bahrain Association of Banks to the chairs and members of the committees in light of the expected outcomes of their work, and their contributions to the development of the financial and banking services sector in the Kingdom of Bahrain.

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