Bank of Sharjah PJSC, one of the leading commercial banks in the UAE, recently announced the appointment of Mohamed Khadiri as the Chief Executive Officer effective 17 May 2023. This appointment comes as part of the Bank’s efforts to bolster its leadership team, accelerate its overall growth strategy, and maximize value to shareholders.
Industry sources added that with over 24 years of corporate and investment banking experience across the US, Middle East & North Africa, Khadiri has a proven track record of driving growth and profitability in challenging market conditions.
Prior to joining the Bank of Sharjah, Khadiri worked for prominent financial institutions, including Salomon Smith Barney, Citibank, Barclays, and HSBC, where he held senior leadership positions and spearheaded the development and implementation of successful growth strategies, enhanced customer experiences and digital transformation initiatives.
Most recently, Khadiri worked at Kuwait International Bank (KIB) for over six and a half years as General Manager, where he played a pivotal role in developing the bank’s local & international business activities and arranging numerous high-profile deals with public sector entities, large corporate and multinational companies.
Commenting on the appointment, the Chairman of Bank of Sharjah, Sheikh Mohammed Bin Saud Al Qasimi stated : “We are delighted to welcome Mohamed to our team and wish him all the best in his new role. Mohamed is a dynamic, values-driven business leader who has an excellent track record of delivery in the banking industry. He has exceptional strategic capabilities, proven operational effectiveness and strong experience in both local and regional markets. We are confident that he will bring a new level of drive and energy to the institution and will lead our business to new heights of success.”
On this occasion, Khadiri commented: “I am excited to join Bank of Sharjah at this important time of its growth journey and am convinced by the strength of its fundamentals and clear growth potential. The UAE and the Middle East’s dynamic and fast-growing markets present a wealth of opportunities and I look forward to working closely with the management team to deliver exceptional value to our customers and stakeholders.”
