Invest Bank Appoints Rakan Shiyab as General Legal Counsel, Marking a Strategic Shift in Legal Leadership

Press release

Published November 26th, 2025 - 02:52 GMT

Invest Bank Appoints Rakan Shiyab as General Legal Counsel, Marking a Strategic Shift in Legal Leadership

Invest Bank today announced the appointment of Rakan Shiyab as its new General Legal Counsel, bringing on board one of the region’s most accomplished legal professionals to help shape the bank’s next chapter of growth, discipline and leadership.

With a distinguished legal career spanning more than two decades, Rakan brings expertise in the legal framework for banking and finance, strategic transactions, commercial litigation and executive advisory. Most recently, he held the position of Head of Legal, GB & CB MENAP at Standard Chartered, where he led high-impact legal strategy across complex, multi-jurisdictional mandates and institutional change agendas.

Rakan has served as a trusted legal partner to C-suite leaders across industries helping organizations navigate transformation, mitigate risk and unlock value with clarity and precision. His legal career also includes roles at Al Tamimi & Company and HSBC Middle East, where he developed deep knowledge of regional frameworks and global best practices.

At Invest Bank, Rakan will be responsible for leading the legal function as a proactive, solution-oriented and business partner, embedding legal excellence at every level and helping shape a future-ready legal culture that balances protection with performance.

Edris Al Rafi, CEO of Invest Bank, said: “This is more than a legal appointment, it’s a strategic investment in how we think, operate and lead. Rakan brings a rare combination of sharp legal intellect and commercial pragmatism. His leadership will help us move faster, think clearer and operate with the confidence that only great legal judgment can deliver.”

Rakan’s arrival signals the bank’s continued commitment to building a high-performing executive team capable of delivering sustainable growth with discipline, agility and trust.

Background Information

Invest Bank

On November 28th, 1982, Jordan Investment and Finance Bank (INVESTBANK) started its activities as a financial company under the name Jordan Investment and Finance Company with an authorized capital of JD6 million in which half was paid on the opening of its Initial Public Offering (IPO) while the rest was paid within a year of granting the final license.

A group of founders headed by the late Nizar Abdul Rahim Jardaneh set the first foundation stone for this financial institution which contributes to the development of the Jordanian financial industry. The aim was to provide the required financing to the economic sectors in order to enrich their achievements and increase opportunities of economic and social development in Jordan.

Founders aimed at being compatible with the economic growth requirements as well as achieving a good return for the shareholders, supporting national savings, and using resources to sustain financial activities.