May 27, 2024

SICO appoints Abdulla Ahmed Kamal as new Chairman of its BOD

Facebook
Twitter
LinkedIn
SICO announces appointment of Abdulla Ahmed Kamal as new Chairman of its Board of Directors
SICO announces appointment of Abdulla Ahmed Kamal as new Chairman of its Board of Directors

SICO BSC, a leading regional asset manager, broker, market maker, and investment bank (licensed as a wholesale bank by the CBB), announced recently the appointment of Abdulla Ahmed Kamal as its new Chairman of the Board of Directors effective immediately, during the board meeting held on Monday, April 10, 2023. The move follows the resignation of Shaikh Abdullah bin Khalifa Al Khalifa, who leaves his post after being appointed to a new role as the CEO of Bahrain Mumtalakat Holding Company, as per the royal directives of His Royal Highness Prince Salman bin Hamad Al Khalifa.

SICO’s new Chairman, Abdulla Ahmed Kamal, has been a Director on SICO’s Board of Directors since 2020, representing Social Insurance organization. He brings a wealth of knowledge and expertise to his new role including more than 20 years of experience in investment operations, audit, business risk consultancy, and corporate governance, having held several senior leadership positions at well-established companies throughout his career. He currently serves as Chief Operating Officer of Osool Asset Management BSC (c) and as a Board Director for Bahrain Car Parks Company (Amakin) BSC., and Amlak Real Estate Company.

“It is an honour to be appointed as SICO’s new Chairman of the Board and I truly look forward to working with the board and management team to build on the bank’s strong foundation and drive growth in the years to come,” said Abdulla Ahmed Kamal.

The Board of Directors expressed their sincere gratitude to Shaikh Abdullah for his leadership and guidance during his 12 years tenure as the Chairman. His contributions and efforts have been invaluable to the business, and the board wished him the best of luck in his new role.

Source

Also read:

SICO elects Owen Vallis, Nimita Nazer as CRO and HMO

SICO OPENS AL QUWAIEYAH MALL AS PART OF ITS EXPANSION DRIVE

Share.

RELATED POSTS

Saudi private equity firm Jadwa acquires 100% of UAE’s Blackspoon Group
Jadwa wholly acquires UAE’s Blackspoon Group
Bapco Energies enters strategic partnership with ACE Gallagher to establish an insurance captive
Bapco Energies collaborates with ACE Gallagher
HIMA office, ME
HIMA inaugurates new Regional Head Office in ME
  • Tamkeen Insurance
  • Telcotech

LATEST POSTS

Event partnership
Image used for illustrative purpose
This MOU outlines a three-year program aimed at integrating AI into the fabric of our economic and social ecosystems, creating a sustainable, tech-driven future. Image Courtesy- ITIDA
Masraf Al Rayan x Google Cloud agreement signing ceremony. Image Courtesy-Masraf Al Rayan