Al Baraka Islamic Bank names Dr Adel Salem as CEO

TDT | Manama    

The Daily Tribune – www.newsofbahrain.com

The Board of Directors of Al Baraka Islamic Bank has announced the appointment of Dr Adel Abdullah Salem as the Chief Executive Officer (CEO) of the bank, bringing with him a wealth of accumulated banking experience spanning over three decades.

The Board of Directors of Al Baraka Islamic Bank, chaired by Sabah Khalil Al Moayyed, expressed their welcome to Dr Adel Abdullah Salem as a seasoned national expert in the world of finance and banking, adding that they are looking forward to his significant contributions in developing the bank’s operations, elevating its business model, and raising its level of service quality.

Al Moayyed affirmed that Dr. Adel Abdullah Salem’s appointment is in line with the Board’s strategic vision for the coming years, aiming to enhance its exceptional banking experience for its customers in the Kingdom of Bahrain and the Gulf Cooperation Council (GCC) countries through the provision of the latest and most technologically advanced banking services for individuals, companies, and wealth management.

She emphasised that Dr Adel Abdullah Salem’s expertise and competence will contribute to solidifying the bank’s prominent position as one of the leading financial institutions in Islamic banking in the Kingdom, which will positively impact its financial and operational performance in the years to come.

Dr. Adel Abdullah Salem possesses extensive experience in business development, banking, and finance, having held numerous leadership positions throughout his long banking career.

He joins Al Baraka Islamic Bank after spending several years in the business, financial services, and telecommunications sectors.

Prior to joining the bank, he served as the General Manager of Retail Banking at the Bank of Bahrain and Kuwait (BBK) and previously held the position of Deputy General Manager - Business Support at Benefit, in addition to several important positions at Batelco (Bahrain Telecommunications Company).

Commenting on his appointment, Dr Adel Abdullah Salem said: “I look forward to working closely with the executive management team and staff in various departments towards maintaining its leadership in the field of Islamic banking in the Kingdom.”

It is worth mentioning that Dr Adel Abdullah Salem holds a Ph.D. in Management from Monarch Business School in Switzerland, and a master’s degree in business research from the same educational institution.