MANAMA: Bahrain-based Al Baraka Banking Group (ABG) honoured long serving CEOs and General Managers serving in bank’s global network.
The honouring was held on the sidelines of the 16th Group Strategy Meeting which was held in the Kingdom of Bahrain in December 2013.
ABG organized a big celebration to honor the CEOs and General Managers of its subsidiary banking units with long service awards.
Shaikh Saleh Abdullah Kamel, Chairman of Al Baraka Banking Group delivered the certificates and souvenirs to the awardees in the presence of a number of members of the Board of Directors of the Group and the President and Chief Executive Adnan Ahmed Yousif, and a number of officials in the Group in addition to some invitees.
During the ceremony, the following CEOs and General Managers were honored for their long service Musa Shihadeh Vice Chairman and CEO of Jordan Islamic Bank (30 years), Fraj Zaag Board Member and General Manager of Al Baraka Bank Tunisia (20 years), Ashraf ElGhamrawi Vice Chairman and CEO of Al Baraka Bank Egypt (20 years), Shafqaat Ahmed Board Member and CEO of Al Baraka Bank (Pakistan) Limited (20 years), Mohammed Seddik Hafid Board Member and General Manager of Al Baraka Bank Algeria (20 years ), Fahrettin Yahsi Board Member and General Manager of Al Baraka Turk Participation Bank (10 years) and Abdulla Khairy Hamid General Manager of Al Baraka Bank Sudan (10 years).
The awards were in the framework of the policies and directives of the Board of Directors of Al Baraka Banking Group to embody the ethical principles, objectives and foundations established by the underlying business model of Group, which is based on human resources being a cornerstone of its success, and the Group is very keen to entrench this view in all its practices and policies.
Shaikh Saleh Abdullah Kamel, Chairman of the Board of Directors of the Group in a Press conference highlighted the results and achievements of the Group during the last few months, and growth and expansion plans in the future.
“One of the major advantages of such events is the assertion that Al Baraka Banking Group highly appreciates the outstanding achievements and contributions of its employees, especially those who have served its noble objectives for many years and continued with their contributions to the successes both in times normal and in times of crises. This event sends a very positive message for every employee who accomplishes outstanding achievements with a spirit of dedication and loyalty,” Shaikh Saleh Abdullah Kamel, said.
“The ceremony was different from any former event we have done in the past, because it embodies one of the most important strengths of Al Baraka Banking Group, namely the global priorities of the Group which involves our ability to attract the finest talent possessing strong loyalty and rich and varied banking experience. With the help of this talent we are able to achieve our business strategies and complement our strong financial and technological resources, and develop a strong foundation for our banking Group, which we celebrate today in this impressive and unprecedented ceremony regionally and globally,” Adnan Ahmed Yousif President and Chief Executive of the Group, said.
Shaikh Saleh Abdullah Kamel, Chairman of Al Baraka Banking Group and Adnan Ahmed Yousif, President and Chief Executive of the Group expressed their sincere thanks and appreciation for the honored chief executives and general managers of the Group’s units, and wished them to continue the excellent work they have done throughout their service in Group, which has had the greatest impact in the remarkable successes and sustainable growth achieved by the Group since its inception.
They both expressed their thanks and appreciation to the Kingdom of Bahrain, the Ministry of Industry and Trade, the Central Bank of Bahrain and the Bahrain Bourse for their continued support of Al Baraka Banking Group since its inception, and the great efforts that have been made to support the success for the Group Strategy Meeting and press conference.
Al Baraka Banking Group is a Bahrain Joint Stock Company licensed as an Islamic wholesale bank by Central Bank of Bahrain, listed on Bahrain Bourse and Nasdaq Dubai stock exchanges. It is a leading international Islamic banking group providing its unique services in countries with a population totaling around one billion and is rated by Standard & Poor’s at BB+ (long term) / B (short term). Al Baraka offers retail, corporate, treasury and investment banking services, strictly in accordance with the principles of the Islamic Shari’a. The authorized capital of Al Baraka is US$ 1.5 billion, while total equity is at about US$ 1.9 billion.
The Group has a wide geographical presence in the form of subsidiary banking Units and representative offices in fifteen countries, which in turn provide their services through more than 450 branches. Al Baraka currently has a strong presence in Jordan, Tunisia, Sudan, Turkey, Bahrain, Egypt, Algeria, Pakistan, South Africa, Lebanon, Syria, Indonesia, Libya, Iraq and Saudi Arabia.