Ithmaar Holding Names Maysan Al Maskati as New Chief Executive

Maysan Al Maskati has been appointed as the new Chief Executive Officer (CEO) of Ithmaar Holding, a prominent investment firm headquartered in Bahrain. The appointment, which follows formal approval by the Central Bank of Bahrain (CBB), marks a significant shift in leadership for the company.

Al Maskati brings a wealth of experience in the financial services sector to the role. Her previous endeavors have seen her hold prominent positions within Ithmaar Holding's subsidiaries, Ithmaar Bank and IB Capital. This deep understanding of the company's inner workings and its strategic direction is expected to provide a seamless transition and continued growth for the holding company.

The outgoing CEO, Ahmed Abdul Rahim, will be stepping down from his role on September 30th, 2022, after a successful tenure. During his leadership, Ithmaar Holding witnessed significant advancements, solidifying its position as a key player within Bahrain's investment landscape.

Commenting on the appointment, HRH Prince Amr, Chairman of Ithmaar Holding, highlighted the company's commitment to fostering a culture of meritocracy and promoting from within. He expressed his confidence in Al Maskati's abilities, stating her proven track record in various senior executive roles at the bank positions her well for leading the group and its subsidiaries towards continued success.

Al Maskati's appointment comes at a pivotal time for Ithmaar Holding. The company is currently embarking on the next phase of its evolution, and her expertise is expected to be instrumental in navigating this critical juncture. Her in-depth knowledge of the regional market dynamics and her proven leadership capabilities are anticipated to propel the company forward and unlock new opportunities for growth.

Industry analysts have expressed optimism regarding the leadership change. They acknowledge Al Maskati's strong reputation within the financial sector and believe her experience positions her well to capitalize on Ithmaar Holding's existing strengths. They anticipate her strategic vision to guide the company towards achieving its long-term goals.

Looking ahead, Al Maskati's focus will be on spearheading Ithmaar Holding's growth strategy and maximizing shareholder value. Her leadership is expected to contribute to the continued diversification of the company's portfolio and the exploration of new avenues for investment. With her at the helm, Ithmaar Holding is poised to maintain its position as a leading investment firm in Bahrain and the wider region.

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