alizz islamic bank appoints Head of Compliance

Press release

Published February 5th, 2014 - 09:37 GMT

alizz islamic bank (SAOG), Oman’s Most Innovative Islamic Bank 2013 by Global Banking and Finance Review, has announced the appointment of Ali bin Khamis Al Zadjali as the Head of Compliance to develop capabilities and ensure delivery of effective compliance functions across the bank’s operations.

Overseeing all compliance activities, Al Zadjali will be responsible for implementing the bank’s compliance framework to meet regulatory and internal business requirements, as well as risk management processes. In addition, he will support the Board of Directors to achieve the Central Bank of Oman’s road map to comply with ‘Basel III’ by 2019.

As a longstanding executive with significant contributions in governance compliance and a wealth of experience in the banking industry, Al Zadjali holds a bachelor’s degree in Accounting and MIS from the University of Missouri, St. Louis, USA. Inaddition, he has also completed his Uniform Certified Public Accountant (CPA) and Certified Internal Auditor (CIA) examinations.

Background Information

alizz islamic bank

Alizz Islamic Bank (SAOG) was established in accordance to Royal Decree No. 69/2012 which amended the banking law to include Islamic banking at licensed banks through either specialized banks or independent entities at the existing commercial banks.

Founded in November 2012, Alizz Islamic Bank provides retail and corporate finance through branches, online (alizzislamic.com), and mobile devices. Alizz Islamic Bank is here to deliver exceptional and sustainable results to our stakeholders by providing superior Shari'a compliant financial solutions.