Bahrain Islamic Bank: Hassan Jarrar Among Top 100 CEOs of the Gulf Region

Press release
Published April 19th, 2018 - 05:50 GMT
Hassan Jarrar, CEO of Bahrain Islamic Bank
Hassan Jarrar, CEO of Bahrain Islamic Bank

Mr. Hassan Jarrar, CEO of Bahrain Islamic Bank (BisB), has been awarded the Top CEO of 2018 amidst the region’s Top 100 CEOs to be honoured from publicly listed companies in an event organized by TRENDS magazine and INSEAD, the leading international business school.  The event was held on 10th and 11th April 2018 at King Abdullah Economic City in Saudi Arabia, where business leaders and expert speakers from across the Arab Gulf and the Middle East gathered to discuss the latest corporate developments and issues, and also recognized the very best in business leadership.

Commenting on the occasion, Mr. Jarrar revealed: “I am delighted to receive this award and be recognized amongst the Top CEO’s of leading companies in the GCC. I consider this a new achievement amidst the latest pivotal milestones cementing BisB’s position as a pioneer of the banking industry in the Gulf region. Insignificantly, I would like to commend our employees for their and contributions and continued efforts, embracing new innovative ideas and taking the right steps to bring the Bank into the future.”

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.

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