Ithmaar Bank has announced the appointment of Maysan Faisal Almaskati as its new Chief Executive Officer, marking a significant leadership transition for the institution. Almaskati will also serve as CEO for the bank's two subsidiaries, Ithmaar Bank and IB Capital, effective immediately.
Leadership Transition:
- Maysan Faisal Almaskati: Almaskati steps into the role of CEO with a wealth of experience spanning over 24 years in the investment and banking sector. His extensive background includes senior roles at prominent firms such as MASEcap Advisors, DUX Capital, and ASMA Capital Partners. Almaskati rejoined Ithmaar Bank five years ago as Head of Asset Management, bringing with him valuable insights and strategic vision.
Career Highlights:
- Ithmaar Bank: Almaskati's relationship with Ithmaar Bank dates back to 2007, where he spent seven years contributing to the bank's growth and success before returning in a leadership capacity. His familiarity with the bank’s operations and strategic goals positions him well to steer Ithmaar Bank and its subsidiaries towards continued growth and innovation.
- Industry Experience: Almaskati's extensive experience in asset management and his strategic roles at various investment firms underscore his expertise in managing complex financial portfolios and driving investment strategies that align with market dynamics.
