Esterad Bank B.S.C a wholesale Islamic bank licensed by the Central Bank of Bahrain, announced the appointment of Fajer Al Pachachi as its new Chief Operating Officer.
A seasoned executive with more than 16 years of experience across investment management, strategic planning, operations, and business development, Ms. Al Pachachi joins the Bank at a pivotal time in its transformation as it continues to strengthen its senior leadership team and operational platform.
In her role as COO, Ms. Al Pachachi will oversee several critical business functions, including strategy, legal, operations, administration, fund administration, information technology, corporate communications, and investor relations. She will also play a key role in driving execution across the Bank’s core activities, enhancing internal controls and efficiency, and supporting future growth across its investment and client engagement platforms.
Her appointment marks another significant step in Esterad Bank’s restructuring journey, building on the positive momentum of 2024, which saw the Bank return to profitability, execute new strategic investments, successfully exit legacy assets to return money to investors, and implement cost optimization initiatives.
Prior to joining Esterad Bank, Ms. Al Pachachi most recently served as General Manager of Hope Ventures, the investment arm of Hope Fund, where she led the firm’s corporate and investment strategy, and operations across multiple departments. Previously, Ms. Al Pachachi was a Senior Manager, Investment Development (Technology & Innovation) at the Bahrain Economic Development Board, where she attracted significant levels of foreign direct investment into the Kingdom’s technology sector. She has also held positions at Instrata Capital, Maalem Holding, and Addax Bank, across marketing, strategic business development, and investment management.
