Al Baraka Islamic Bank announces new board of directors chaired by Akram Yassin

TDT | Manama

Email: mail@newsofbahrain.com

Al Baraka Islamic Bank, one of the leading Islamic banks in the Kingdom of Bahrain, has announced the election of its new Board of Directors and the appointment of Mr Akram Yassin as Chairman of the Board, succeeding Ms Sabah Al Moayyed, as well as the election of Dr Khalid Abdulla Ateeq as Vice Chairman of the Board. The approval for the election and reappointment of the Board members for a new three-year term from 2026 to 2029 came as part of the outcomes of the Bank’s 43rd Ordinary General Meeting for the financial year ended 31 December 2025, which was held last month. This step reflects share holders ’ confidence in the Bank’s future direction and their keenness to support its journey during the coming phase, as the Bank continues to implement its strategic priorities and strengthen its position in the Islamic banking sector in the Kingdom.

The newly elected Board of Directors comprises Mr Akram Yassin as Chairman, Dr Khalid Abdulla Ateeq as Vice Chairman, and board members Mr Houssem Ben Haj Amor, Mr Adnan Al Bassam, Mr Abdulla Edham, Mr Masood Al Bastaki, Mr Abdul Malek Mezher, Ms Sawsan Abulhasan, and Mr Faisal Al Shuwaikh. The Bank also extends its sincere thanks and appreciation to Ms Sabah Al Moayyed for her valuable efforts and contributions during her tenure as Chairperson of the Board.

The Board is chaired by Mr Akram Yassin, who brings more than 30 years of international banking experience, during which he held senior executive positions at a number of leading regional and international financial institutions, including National Bank of Abu Dhabi, Arab Bank, Arab Banking Corporation, Gulf International Bank, Riyad Bank and Bank of Montreal. Mr Yassin holds a Bachelor’s degree in Structural Engineering from the University of Surrey and a Master of Business Administration from Southern Methodist University. He currently serve sasan Independent Non-Executive Board Member of Falcon Group and as a Board Member of Al Baraka Türkiye, reflecting distinguished leadership and professional expertise that will support the Bank’s direction in the coming phase.

Mr Akram Yassin, the newly elected Chairman of the Board, said: “I am honoured to assume the chairmanship of Al Baraka Islamic Bank at this important stage in its journey, and I extend my thanks to the shareholders for their valued confidence. The new Board looks forward to continuing to support the Bank’s plans and future directions in a way that enhances its competitiveness, advances its Islamic banking services and solutions, and meets the aspirations of customers and shareholders.” For his part, Dr Adel Abdullah Salem, Chief Executive Officer of Al Baraka Islamic Bank, commented: “The election of the new Board of Directors marks an important milestone in the Bank’s journey and reflects the level of confidence that shareholders place in our strategic path and future aspirations. We are confident that the competencies and distinguished expertise of the Board, under the chairmanship of Mr Akram Yassin, will support the Bank’s direction during the coming phase, strengthen our ability to build on the achievements made, and continue developing our business and services in line with the aspirations of our customers and shareholders.”

He added: “We also extend our sincere thanks and appreciation to Ms Sabah Al Moayyed for her valuable efforts and highly regarded contributions during her tenure as Chairwoman of the Board, which had a clear impact on supporting the Bank and its journey. We look forward to working closely with Chairman Mr Akram Yassin, Vice Chairman Dr Khalid Abdulla Ateeq, and all Board members to continue achieving the Bank’s goals and consolidating its position as a leading and trusted Islamic banking institution in the Kingdom of Bahrain.”.