Gulf International Bank Announces New Chairman and Directors

Gulf International Bank BSC (GIB) has announced the appointment of its new Board of Directors chaired by Eng. Abdulla bin Mohammed Al-Zamil, with Dr. Najem bin Abdullah Al-Zaid as Vice-Chairman and with the following Directors:

• Mr.  Abdulaziz bin Abdulrahman Al-Helaissi, Group Chief Executive Officer, GIB
• Mr. Sultan bin Abdul Malek Al-Sheikh, Director at the Local Holdings Investment Division, Public Investment Fund (Kingdom of Saudi Arabia) 
• Mr. Bander bin Abdulrahman bin Mogren, Chief Operating Officer, Public Investment Fund (Kingdom of Saudi Arabia)
• Dr. Khalid Abdulla Alsweilem, economic and financial expert
• Mr. Fahad bin Abdul-Jalil Al-Saif, Senior Managing Director of Global Capital Finance, Public Investment Fund (Kingdom of Saudi Arabia) 
• Mr. Rajeev Kakar, banking expert, founder of projects in various sectors, and board member of several financial institutions and regional and international companies 
• Mr. Frank Schwab, Co-founder of FinTechForum (Germany) 

The term is from 10 November 2021 until 9 November 2024 and at its meeting on 28 November 2021, the Board confirmed the appointment of Eng. Abdulla Al-Zamil and unanimously approved the appointment of Dr. Najem Al-Zaid and the formation of its committees and their chairpersons. 

On behalf of the Board of Directors, the Executive Management and himself, Eng. Abdulla Al-Zamil expressed his thanks and appreciation to Dr. Abdullah bin Hasan Alabdulgader and the members of the previous Board for their efforts, praising their achievements and contributions that strengthened GIB’s regional and international presence.

Eng. Abdulla Al-Zamil said, “We are pleased to welcome the new members of the Board and we look forward to their contributions to achieving GIB’s strategy and improving the level of services provided to our clients. I am pleased to work with everyone at this important stage in GIB’s journey. The Board’s experience in digital banking and innovation, as well as in financial, legal, and strategic affairs, makes us confident that GIB will fulfil the aspirations of our shareholders, customers, and employees and create added value for our customers and shareholders.” He also expressed his appreciation for the solid support provided by the Central Bank of Bahrain in regulating and supervising all financial institutions in the Kingdom, contributing to the development, progress and stability of the banking sector.