Ahlibank has appointed Salah Murad as its chief executive officer.

The appointment of Murad, a veteran banker, “signals a renewed focus toward continuous delivery of outstanding shareholder value,” the bank said.

Murad has more than 29 years of commercial banking experience in the GCC (Gulf Co-operation Council), including three years as the CEO of Ahlibank in Qatar, “achieving historical record core earnings” for the bank, while ensuring “strong corporate governance and high asset quality.”

Murad holds an MBA from Strathclyde University, UK.

Commenting on the appointment, Sheikh Faisal bin Abdul-Aziz al-Thani said: “The Board of Directors is very pleased to see Murad return to the role of CEO of Ahli Bank”, adding that “he is well known and well respected in the market”.

“We are confident that his experience and unparalleled track record will benefit the bank in further developing its market position as a leading Qatari Bank”.

Murad said: “I am honoured and delighted to have been given the opportunity to lead Ahlibank to the next stage of its development. I look forward to working with all of the bank’s dedicated employees to bring innovative solutions and personalised experiences to our customer and other stakeholders”.

Founded in 1983, Ahlibank is one of Qatar’s leading retail banks, delivering an array of products and services within its business platforms- commercial, retail, treasury and investments, and wealth management services, through its network and its 17 branches.