The National Bank of Bahrain (NBB) has appointed Edamah CEO Amin Al Arrayed as its newest board member replacing Khalid Al Rumaihi who has requested to depart the board due to his new role and bigger responsibilities.
Al Rumaihi was appointed as a non-executive member to NBB’s board of directors in 2014, and had served as a valuable member bringing to the table extensive experience and knowledge, said a statement from NBB.
An industry veteran, Al Arrayed boasts 20 years of experience in the banking and real estate sectors.
A prominent leader in the real estate industry, Al Arrayed’s career includes diverse experience across industries having held several leadership positions as CEO of First Bahrain real estate development company, Head of Retail and Placement of Reef Real Estate Finance and Regional Head of Retail Banking at Bank of Bahrain and Kuwait (BBK).
In addition to working at the Central Bank of Bahrain, Al Arrayed also gained extensive knowledge from his experience at the international Monetary Fund in Washington, DC.
On the new appointment, Chairman Farouk Yousif Almoayyed said: "On behalf of the NBB board, I would like to extend my sincere thanks and appreciation to Al Rumaihi for his commitment and service during the last six years."
"He has played an instrumental role in guiding the bank’s ongoing business success and we wish him all the best in his future endeavours" stated Almoayyed.
"I would also like to take this opportunity to welcome Al Arrayed as our newest board member, and I am confident that with his wealth of expertise, he will be an invaluable addition to our team," he added.-TradeArabia News Service