BisB Appoints Jawad Humaidan as Chief Corporate and Institutional Banking Officer

Press release

Published August 14th, 2022 - 10:39 GMT

BisB Appoints Jawad Humaidan as Chief Corporate and Institutional Banking Officer

Hassan Jarrar CEO, Jawad Humaidan Chief Corporate and Institutional Banking Officer.

Highlights

As part of efforts towards the Retention of Bahraini Talent

As part of its efforts to cultivate a distinguished management team, Bahrain Islamic Bank (BisB), the leading provider of Islamic digital banking services in the Kingdom of Bahrain, announced the appointment of Mr. Jawad Abdulhadi Humaidan as the Bank’s Chief Corporate & Institutional Banking Officer. This latest announcement aims to enhance the succession planning of Bahraini talents at the Bank, thereby promoting transformation strategies especially in training, guidance and leadership.

Jawad Humaidan has over 17 years of extensive experience in the retail banking field. Prior to joining BisB in 2018 as Senior Manager at the Corporate Banking and Institutional Banking department, Mr. Humaidan held several senior management roles in managing corporate relationships in leading local, regional and international banks such as: National Bank of Bahrain, Mashreq Bank and Standard Chartered Bank.

Commenting on the occasion, Mr. Hassan Jarrar, Chief Executive Officer of BisB, said, “We are pleased to announce the appointment of Mr. Jawad Humaidan as Chief Corporate & Institutional Banking Officer. We are confident that he will harness his expertise and skills to elevate the department and attain more honorable achievements in the future. Wishing him continued success throughout his career.”

On his part, Mr. Jawad Humaidan expressed his sincere thanks and gratitude to the Chief Executive Officer and the members of the Board of Directors at BisB for their trust and continuous support of all BisB employees, ensuring them that he will live up to their expectations. He also affirmed to continue his efforts in further enhancing the client experience and fulfilling his role in supporting the Bank’s digital transformation journey.

Mr. Jawad Abdul Hadi Humaidan is a certified arbitrator specializing in the banking and finance industry. He holds a Bachelor’s Degree in Economics from Carleton University in Canada, and a Master of Science degree in Finance with distinction from DePaul University in Chicago, USA. Mr. Jawad attended several leadership programs with leading institutions such as INSEAD in Singapore and Ivey Business School in Canada.

Background Information

Bahrain Islamic Bank

Incorporated in 1979 as the first Islamic bank in the kingdom of Bahrain, and the fourth in the GCC. Bahrain Islamic Bank (BisB) has played a pivotal role in the development of the Islamic banking industry and the Kingdom’s economy. The Bank operates under an Islamic Retail banking licence from the Central Bank of Bahrain and is listed on the Bahrain Bourse.

At the end of 2016, the Bank’s paid up capital was BD 101 million, while total assets stood at BD 1042 million. The Bank’s modern branch network comprises 5 branches, 4 innovative financial malls, and 56 ATMs located throughout the Kingdom. A steadfast focus on continuous innovation, strong corporate governance and risk management, employee development, and the use of state of the art technology to deliver superior customer service, has cemented Bahrain Islamic Bank’s position as the leading Sharia’a – compliant bank in the Kingdom.