Janahi tendered his resignation at the last meeting of the Bank’s Board of Directors. His resignation has now been accepted and in his place the Board has appointed as Chairman Dr. Ahmed Al-Mutawa, who has served as Vice Chairman of GFH for the past 2 years.
Dr. Al-Mutawa, a UAE national, brings more than 34 years of financial and economic experience to the Bank and was the Managing Director of the Abu Dhabi based Khalifa Fund for Enterprise Development. Previously, he also served as the Secretary General Gulf Organization for Industrial Consulting (GOIC). He also serves as board member in various banking, educational and business conglomerates including Al AFutain Properties, Dubai Finance and University of Dubai.
Importantly, throughout his long standing tenure on the GFH Board, Dr. Al-Mutawa has been closely involved in the restructuring of the Bank and in the development and implementation of its current strategy.