In a significant step toward gender inclusion in the financial sector, the Central Bank of Bahrain (CBB) has promoted 12 executives to senior roles under its new organisational structure - with women accounting for more than half of the appointments.
Announcing this, CBB said seven of the 12 newly named directors are women, marking a notable milestone for gender representation at the leadership level within the kingdom’s financial regulatory body.
The promotions, effective July 1, come as part of the CBB’s restructuring initiative aimed at streamlining operations and empowering national talent. The newly promoted executives are:
*Abdulla Ahmed Haji - General Director - Capital Markets & Investment Supervision
*Nawaf Ahmed Bubshait - General Director - Banking & Credit Institutions Supervision
*Afaf Khalifa Khalfan - Director - Monetary Operations & Government Debt Management Directorate
*Fatema Hasan Akhtarzada - Director - Licensing & Regulatory Policy Directorate
*Mohamed Mahmood Shamsi - Director - Consumer Protection & Enforcement Directorate
*Sara Khaled Qaed - Director - Anti-Financial Crime Directorate
*Mohamed Ahmed Al Sulaiti Director - Cyber-Security Unit
*Fatema Mohamed Ali - Director - Human Resources Directorate
*Amina Yousif Al Madani - Director - Communications & International Relations Directorate
*Fatima A.Rahman Abdulla - Director - Retail Banking & Credit Institutions Supervision Directorate
*Manal Ali AlTurkamani - Director - Capital Markets & Investment Business Inspections Directorate
*Nabeel Mohammed Juma - Director - Supervision Technology Unit
Commenting on the occasion, CBB Governor Khalid Humaidan said: "We at the CBB are committed to empowering qualified national talents shaping the future of the financial services sector. As such, we are pleased to announce the latest promotions which support the decision to adopt the CBB’s new organizational structure."
"We would like to congratulate our team members and hope this step will achieve our goals in maintaining the stability of the financial sector and develop strategies that aim to advance the development of this vital industry," he stated.
On his end, Mohamed A. Karim – Executive Director of Corporate Services at the CBB, said: "We are proud to be completing our newest promotions, which comprise an exceptional team of local competencies. Through our confidence in their capabilities, we look forward to commencing this next phase of development through their years of leadership and expertise."
"We also believe this will contribute to fulfilling the CBB’s aspirations to prepare capable leaders that will play a vital role in the growth of the local financial sector," he added.-TradeArabia News Service
