BisB Appoints Khaled Waheeb Alnaser as Chief Internal Audit

Bahrain Islamic Bank (BisB) has recently appointed Khaled Waheeb Alnaser as Chief Internal Audit. Prior to joining BisB, Khalid worked at EY as an External Auditor of Islamic financial institutions. Mr. Alnaser brings more than 10 years of experience in internal audit, external audit as well as financial reporting and control. In 2014, Mr. Alnaser joined BisB and achieved various milestones in the past few years, starting out in financial control and later heading and establishing the Internal Control department.
“We are delighted to announce the appointment of Khaled Alnaser as Chief Internal Audit, this comes as part of our efforts to invest in young Bahraini talent and encourage them to take up more senior roles in the Bank. Khaled has been able to demonstrate his abilities and skills qualifying him for this position where he will be working closely with his team to carry out the key internal audit functions of the Bank, as well as to keep up with emerging trends and international practices in the field of auditing,’ revealed Mr. Hassan Jarrar, Chief Executive Officer of BisB.
In addition to completing a Leadership Development Program from Darden School of Business, University of Virginia, U.S., Mr. Alnaser holds certifications from internally recognized establishments as a Certified Public Accountant (CPA) from the New Hampshire Board of Accountancy, Certified Internal Auditor (CIA) from the Institute of Internal Auditors (IIA), Certified Islamic Professional Accountant (CIPA) from Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), and a Chartered Global Management Accountant (CGMA).
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.