Following an approval of the Board of Directors, Bahrain’s Ibdar Bank has announced Sunday the appointment of Ayman Sejiny as new Chief Executive Officer.
Sejiny is set to take the helm of one of the most innovative wholesale investment banks in the Middle East.
Operating in GCC and MENAT region under the strictest standards of compliance and governance including the Shariah principles, Ibdar Bank mainly focuses on real estate, investment advisory activities, private equity and capital markets.
With over 24 years of corporate banking experience in numerous leading international financial institutions, Sejiny is expected to introduce fresh ideas and contribute to the improvement of the overall management of the institution.
“My focus will be to further hone the investment strategy, and spearhead efforts to develop the Debt Capital Market (DCM), Equity Capital Market (ECM), Private Equity, Asset Management and Treasury and Capital Market business lines. Building on Ibdar’s track record and execution platform, we are well placed to deliver the right opportunities to our investors, and ensure the Bank continues to build its reputation as one of the region’s most ethical, innovative and results-driven Islamic institutions.”, Sejiny has stated.
Moreover, Ibdar Bank boosts the economic growth of all areas in which it operates, while generating stable returns. So far, it has about USD 300mn in paid up capital. The Bank also has transactions in Southeast Asia and selects developed markets on an opportunistic basis. Ibdar’s areas of interest include aviation, infrastructure, maritime, oil & gas, and real estate, among others.
Read more at TradeArabia.