Ithmaar Bank, a Bahrain-based Islamic retail bank, has announced the appointment of Nada Kazerooni as Head of Financial Institutions and Treasury, reporting to Ithmaar Bank Assistant General Manager, Business Group, Mohammed Ali Safar.

The appointment comes as Ithmaar Bank continues to advance its strategic priorities, strengthen its financial position and support sustainable growth. 

With extensive experience across treasury, liquidity management, funding, financial markets and institutional banking, Kazerooni will play a key role in further strengthening the Bank’s treasury capabilities, enhancing balance-sheet efficiency and expanding its financial institutions relationships.

Her career includes managing significant investment portfolios and developing funding capabilities and institutional relationships across regional and international markets.

She brings more than 25 years of banking and financial markets experience spanning Islamic banking, treasury and capital markets, liquidity and funding management, foreign exchange (FX), Sukuk and fixed-income investments to her new role. 

Prior to joining Ithmaar Bank, Kazerooni held several senior positions within the banking and financial services sector, including Director of Capital Markets and Treasury at Ibdar Capital, Head of Treasury at Capivest and Head of Treasury at Global Banking Corporation (GBCorp).

In her new role, Kazerooni will be leading Ithmaar’s Financial Institutions and Treasury function, with responsibility for strengthening liquidity and funding capabilities, broadening the Bank’s funding sources, expanding strategic relationships with financial institutions, and supporting effective treasury and balance-sheet management. 

These activities will be undertaken in line with the Bank’s strategic objectives, risk appetite and applicable regulatory framework,. said the statement.

Kazerooni holds a Master of Business Administration (MBA) from the University of Strathclyde in the United Kingdom and a Bachelor of Science in Civil Engineering from Northeastern University in Boston, USA, complemented by professional qualifications across treasury, Islamic finance, financial markets and leadership.