Gulf International Bank (GIB) today announced the appointment of a new board of directors, headed by Dr Abdullah bin Hassan Alabdulgader, who continues as the chairman.

 

The board will comprise: Abdulla bin Mohammed Al Zamil, chief executive officer of Al Zamil Group;  Abdulaziz bin Abdulrahman Al-Helaissi, chief executive officer, GIB; Sultan bin Abdul Malek Al-Sheikh, vice president, Public Investment Fund (Saudi Arabia); Bander bin Abdulrahman bin Mogren, chief operating officer, Public Investment Fund (Saudi Arabia); Dr Najem bin Abdullah AlZaid, founding partner of ZS&R law firm in association with Hogan Lovells (Saudi); Rajeev Kakar, founder and former managing director, Dunia Finance (UAE); and Frank Schwab, co-founder of FinTechForum.de (Germany). 

 

The term of the new board will be from August 26, 2018 to August 25 2021, said a statement. 

  

At its first meeting held today (October 21), the board appointed Abdulla bin Mohammed Al Zamil as vice chairman.  

 

Dr Alabdulgader said: “We are pleased to welcome the members of the new board at this important juncture for the bank and look forward to the contributions they will make towards the achievement of GIB’s strategy and the improvement of the bank’s services. The experience of our new directors in areas such as digital banking, innovation and legal and financial affairs will add significant value to the bank and the fulfilment of the aspirations of our shareholders, clients and employees.” 

 

Al-Helaissi, CEO of GIB, added: “We’re delighted to announce the new directors of the bank and are confident that their experience will help to effectively steer the implementation of our strategy and look forward to leveraging their expertise and leadership to further accelerate GIB's growth.” – TradeArabia News Service