International Islamic (QIIB) has announced the appointment of Ehab Eshehawi as the lender’s new chief operating officer.

The appointment of a new COO was part of the bank’s continuous efforts to strengthen its core management team with top international professionals, said QIIB chief executive officer Abdulbasit A al-Shaibei.

Al-Shabei said Eshehawi has a proven track record with considerable years of banking experience and several high qualifications in the industry.

“I am confident that his wealth of experience can add value to our bank, especially in the fields of operations, Information Technology (IT), and banking transformation,” al-Shabei said.

He added that QIIB is “striving to make a difference” through a team of professionals that possess talent, skills, expertise, knowledge, and creativity.

“These, we believe, are absolutely essential in the current volatile global economic conditions and the rapidly-evolving banking landscape as our customers demand value-driven and high-quality products and services,” al-Shabei noted.

Eshehawi has more than 25 years of experience in managing technology and operations in the US, Europe, Asia, and the Middle East, including a 14-year experience with US-based Fortune 500 companies and a 15-year experience with international banking institutions.  

He spent the last 15 years with Arab Banking Corporation and Ahli United Bank, where he focused on supporting banking Mergers & Acquisitions. Eshehawi holds a bachelor’s degree in Business Administration, minor in Business Computers Information Systems and a Master of Business Administration (MBA) degree from the US.

Eshehawi said: “It is an honour for me to join QIIB, which is a solid financial institution with history of long track record. The bank has earned resilient reputation as a highly-valuable Shariah-based financial institution, not only locally, but also regionally and internationally.”

“I will spare no effort at advancing the process of development and transformation at QIIB. International Islamic is already on a growth trajectory and I am happy to be part of this,” he stressed.

Eshehawi also said he is looking forward to working with the QIIB team in creating a “focused growth strategy” and building a “prudent and diversified” regional banking institution that supports the strategy laid down by the QIIB Board of Directors and executive management.

 

 

 

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