Ithmaar Bank Acting Chief Executive Officer, Ahmed Abdul Rahim, announced a new organisational structure with three key executive appointments.
Abdul Rahim appointed Ravindra Khot as the Chief Operating Officer, Tawfiq Mohammed Al Bastaki as the Chief Risk Officer and General Manager – Risk Management and Compliance, and Maysan Faisal Al Maskati as Assistant General Manager – Head of Asset Management. The appointments, said Abdul Rahim, are in line with the Bank’s strategic plan of developing its core retail and commercial banking business.
“The three key appointments are well-earned promotions and set the stage for our increased focus on developing into the region’s premier Islamic retail Bank,” Abdul Rahim, said. “On behalf of the Ithmaar Bank Executive Management team, I congratulate Ravindra, Tawfiq and Maysan on their appointments and wish them continued success,” he said. “Ithmaar values its Human Capital assets and continues to reward excellence and internal leadership,” Abdul Rahim, added. “We firmly believe that these executives will continue to play a major role in taking the Bank forward,” he said.
