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Abulhakeem Alkhayyat was recently appointed as CEO and managing director of Kuwait Finance House-Bahrain.
During a board meeting held recently, Mr Alkhayyat was selected as a board member and was also appointed managing director of the bank. His current position of general manager was also reviewed and he now holds the position of CEO.
Mr Alkhayyat has been with KFH-Bahrain for almost five years and has extensive experience throughout Islamic banking and related industries which has enabled him to adopt a pivotal role in the strategic development and success of the bank.
Mr Alkhayyat said: 'I would like to thank Allah for His blessings and would also like to express my sincere thanks and appreciation to the chairman and board members of KFH-Bahrain, for the trust and support they have extended throughout my duration with the bank. I am looking forward to continuing my aim of realising the vision and mission for the benefit of the bank's shareholders, customers, staff and the various committees operating within the bank.
'The KFH Group, which was recently voted 'Best Overall Islamic Bank in the World' for the year 2007 is a driving force behind the development of Islamic banking methods that meet the needs of diverse clientele worldwide. As part of the group, I am delighted at the opportunity to lead KFH-Bahrain and look forward to a period of consistent growth within the industry, by providing innovative Sharia-compliant products, services and investment solutions to our clients across the region,' he added.
'At KFH-Bahrain we believe that banking is not just about money. For us, it contributes towards the improvement of people's lives. Whether we're providing commercial and investment banking services or financial products for consumers, we listen to our customers' needs, then, by focusing on innovation, we provide leading edge Islamic banking solutions that truly enhance their lives whilst staying faithful to Sharia principles,' Mr Alkhayyat concluded.
