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Home » Bahrain Association of Banks elects a new board of directors

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Bahrain Association of Banks elects a new board of directors

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Last updated: 2024/10/08 at 9:14 PM
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The Bahrain Association of Banks (BAB) recently held its annual general meeting to elect a new Board of Directors for the 2024-2026 term. The meeting was presided over by Mr. Adnan Yousif, the current Chairman of the Board and supervised by the Central Bank of Bahrain. The newly appointed board members include prominent figures such as Mr. Yaser Alsharifi, Mr. Ahmed Alkharji, Mrs. Dalal Al Qais, and other distinguished individuals from the banking industry.

After the election, the newly appointed Board convened for its first session, where Mr. Yaser Alsharifi was elected as Chairman, Mr. Ahmed Alkharji as Deputy Chairman, and Mrs. Dalal Al Qais as Treasurer. In his address, Mr. Alsharifi expressed gratitude for the confidence shown in him and outlined the association’s strategic goals, which focus on strengthening the banking sector, streamlining operational processes, and seizing emerging opportunities.

The new Chairman commended the association’s past performance, highlighting its significant achievements in strengthening Bahrain’s banking sector. He also extended his congratulations to the newly appointed Board members, emphasizing their role in fulfilling the association’s mission and driving its vision of leadership within the Kingdom’s banking industry. Mr. Alsharifi stressed the importance of adapting to industry developments and seizing emerging opportunities for sustainable growth.

Former Chairman Mr. Adnan Yousif expressed confidence in the new Board’s ability to lead BAB toward greater achievements and fulfill the aspirations of the banking sector. He praised the expertise and track record of the new Chairman and Board members, highlighting their commitment to steering the association towards a more prosperous future. Mr. Yousif thanked his colleagues on the Board for their dedication to advancing the association and enhancing its role within the banking sector and the national economy.

Dr. Waheed Al-Qassim, CEO of the Bahrain Association of Banks, highlighted the executive team’s readiness to execute the strategic directives of the Board and transform them into actionable plans and initiatives. The association remains committed to launching diverse programs that maximize value for member banks and financial institutions, while also introducing new initiatives that benefit members and partners alike. These efforts are aimed at strengthening the association’s role as the primary representative body for all financial and banking institutions in the Kingdom of Bahrain.

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