30.10.2014 Views

2011 Annual Report - Khaleeji Commercial Bank BSC

2011 Annual Report - Khaleeji Commercial Bank BSC

2011 Annual Report - Khaleeji Commercial Bank BSC

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

KHALEEJI COMMERCIAL BANK <strong>BSC</strong><br />

RISK MANAGEMENT DISCLOSURES<br />

9. Corporate Governance & Other Disclosures (continued)<br />

9.10 Executive management committees<br />

The Board of Directors delegates the authority for day-to-day management of the business to the Chief Executive Officer<br />

(CEO) who is responsible for implementing the <strong>Bank</strong>’s strategic plan. The CEO manages the <strong>Bank</strong> through the following<br />

management committees:<br />

Committee<br />

Management Committee<br />

Asset Liability Management Committee<br />

Executive Credit & Investment Committee<br />

Executive Risk Management Committee<br />

primary responsibilities<br />

Strategy, Performance review, Budget,<br />

Human Resources, Administration<br />

Balance sheet management, Funding, Liquidity,<br />

<strong>Bank</strong>ing Relationships<br />

Review of investments, Exit and credit proposals,<br />

Monitoring of investments<br />

Risk Management policies, Risk review, Provisions<br />

and impairment<br />

Executive management & other senior management<br />

The names and title of each member of executive and other Senior Management are set out below:<br />

Ebrahim Hussain Ebrahim<br />

CEO & Board Member<br />

Experience:<br />

• Over 29 years of experience in both Islamic and<br />

conventional banks and financial institutions.<br />

• Joined the <strong>Bank</strong> in 2004.<br />

Qualification:<br />

• Master in Business Administration from<br />

University of Bahrain.<br />

• Bachelor of Science in Economics from<br />

University of Kuwait.<br />

• Advanced Diploma in Islamic <strong>Bank</strong>ing from<br />

Bahrain Institute of <strong>Bank</strong>ing and Finance (BIBF).<br />

Fuad Ali Taqi<br />

Deputy General Manager, <strong>Commercial</strong> <strong>Bank</strong>ing<br />

Experience:<br />

• Over 30 years of banking experience in Islamic and<br />

conventional banks.<br />

• Joined the <strong>Bank</strong> in 2006.<br />

Qualification:<br />

• Business Studies Diploma.<br />

• MBA from the University of Glamorgan -<br />

United Kingdom.<br />

Silvan Varghese<br />

Deputy General Manager & COO<br />

Experience:<br />

• 21 years of experience in the banking industry in<br />

India and Middle East in several areas like Risk and<br />

Credit Management, Compliance, Project Finance and<br />

Corporate <strong>Bank</strong>ing.<br />

• Joined the <strong>Bank</strong> in 2007.<br />

Qualification:<br />

• B. Sc. in Chemical Engineering from BITS, Pilani, India.<br />

• MBA from the Indian Institute of Management (IIM),<br />

Lucknow.<br />

• General Management Program (GMP) at the Harvard<br />

Business School.<br />

• Certified Financial Risk Manager (FRM) by Global<br />

Association of Risk Professionals (GARP).<br />

Mahdi Abdulnabi Mohammed<br />

Assistant General Manager – Head of Operations &<br />

Administration<br />

Experience:<br />

• Over 31 years of banking experience.<br />

• Joined the <strong>Bank</strong> in 2005.<br />

Qualification:<br />

• Certified Diploma in Accounting & Finance from The<br />

Chartered Association of Certified Accountants (ACCA).<br />

• MBA from the University of Strathclyde - United Kingdom.<br />

114<br />

<strong>Annual</strong> <strong>Report</strong> <strong>2011</strong>

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!