Annual Report 2012 - Al Baraka Investment and Development

executiVe management
(continued)
Mr. Hamad Abdulla Ali Eqab
Senior Vice President
Head of Financial Control
Mr. Jozsef Peter Szalay
Senior Vice President
Head of Credit and
Risk Management
22 Annual Report 2012
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Mr. Eqab has over 19 years’ experience in financial control and auditing. Prior to joining
ABG in February 2005, he worked at Shamil Bank as Senior Manager, Internal Audit.
Prior to this role, he was a member of the Audit team at Arthur Andersen. He is the Vice
Chairman of the Accounting and Auditing Standards Board of the Accounting and Auditing
Organization for Islamic Financial Institutions (AAOIFI). He is also a Board Member of Al
Baraka Turk Participation Bank, Jordan Islamic Bank and Banque Al Baraka D’Algérie. In
addition he serves as Chairman of the Board Risk Committee of Banque Al Baraka D’Algérie
and of the Audit Committee of Al Baraka Turk Participation Bank, in addition to being a
member of each of the Audit Committees of Jordan Islamic Bank and Banque Al Baraka
D’Algérie and a member of the Social Responsibility Committee of Jordan Islamic Bank.
Mr. Eqab is a qualified Certified Public Accountant (CPA) and Chartered Global Management
Accountant (CGMA).
Mr. Szalay has over 38 years of international banking experience encompassing credit
and risk management, corporate banking and trade finance. He commenced his banking
career in international banking with Bank of Montreal, Canada and was later its Middle
East Representative, initially based in Beirut, Lebanon and thereafter in London. He joined
Gulf International Bank B.S.C. (GIB) in 1979 as Regional Marketing and Credit Officer for
Central Europe based in London. He subsequently worked in various capacities in GIB within
Credit and Business Development. In 2001 he was appointed Chief Credit Officer of GIB
in Bahrain, responsible for credit, economics, legal and other related areas. He was also
a member of the Group Risk Committee of GIB. Mr. Szalay has been a member of ABG’s
Executive Management team since September 2006.
Mr. Szalay holds M.A. (Econ.) from University of Budapest, Banking Certificate from the
Institute of Canadian Bankers and Advanced Management Program from INSEAD France.