Bank ABC Appoints a Seasoned Banker as Their Group Chief Operating Officer

Press release

Published May 6th, 2018 - 04:57 GMT

Mr. Alex Leenen, Group Chief Operating Officer at Bank ABC Head Office in Bahrain.

Bahrain-based Bank ABC has announced today the appointment of Mr. Alex Leenen as Group Chief Operating Officer at the Head Office in Bahrain.

In support of the Group Strategy, Alex will be responsible for the delivery of the key support areas across the Group, including Group Operations, Group IT, Corporate Communications, and Digital Banking and Retail. In addition, he will oversee the Functional (currently COO Treasury and COO WB) and Country COO’s, who will each have a direct reporting line to Alex, next to their reporting line to their respective Functional Heads and local CEO’s.

Alex is an experienced international banker, having served with Deutsche Bank for more than 25 years, variously in the UK, Germany, The Netherlands and the Middle-East. During his tenure his roles have included those of Head of Global Transaction Banking (MEA), Country CEO Netherlands, Global Chief Operating Officer Transaction Banking as well as Chairman of the Sub-Sahara Africa Business Forum.

Alex will be a member of the Group ManCom, and will directly report into the Deputy Group CEO.

Commenting on the appointment, Sael Al Waary, the Deputy Group CEO said “Alex is, first and foremost, a Banker who is passionate about providing top quality services and support to external and internal customers alike and I am confident that the experience that he brings will be an asset to the entire Group.”

Dr Khaled Kawan, Group CEO, echoed the comments, confirming that “I look forward to working closely with Alex in reinforcing our franchise across our core geographies and enhancing the service delivery for our expanding client base. Alex’s directly relevant experience will prove invaluable as we continue our strategic transformation”.

Bank ABC is a leading player in the region’s banking industry and provides innovative wholesale financial products and services that include corporate banking, trade finance, project and structured finance, syndications, treasury and financial markets products and Islamic banking. It also provides retail-banking services through its network of retail banks in Jordan, Egypt, Tunisia and Algeria.

Background Information

Bank ABC

Bank ABC (incorporated as Arab Banking Corporation B.S.C) is an international bank headquartered in Manama, Kingdom of Bahrain. Our network spreads across five continents, covering countries in the Middle East, North Africa, Europe, the Americas and Asia.

Bank ABC, founded in 1980, is listed on the Bahrain Bourse and our major shareholders are the Central Bank of Libya and Kuwait Investment Authority.

Bank ABC is a leading provider of Trade Finance, Treasury, Project & Structured Finance, Syndications, Corporate & Institutional Banking as well as Islamic Banking services. We are also expanding our retail banking network in the MENA region.

Bank ABC is licensed as a conventional wholesale bank by the Central Bank of Bahrain.