Naif Alnasser

Naif Alnasser was appointed Head of Asset Management and Remedial Management Unit (RMU) at Ithmaar Bank B.S.C., a Bahrain-based Islamic retail bank, in November 2025, reporting to CEO Maysan Almaskati. The appointment represents a strategic decision to support the bank's restructuring efforts and strengthen its market position.

With 27 years of experience, Alnasser offers extensive expertise in managing diverse portfolios spanning Private Equity and Equities, with demonstrated strength in driving growth across retail and SME banking sectors. He is known for recovering BD 10 million from a legacy investment—the largest recovery in that institution's history—and brings a proven ability to resolve complex delinquent cases while significantly improving portfolio quality.

Education & Professional Credentials

Alnasser holds a Master of Business Administration (MBA) from the University College of Bahrain and is a Certified Arbitrator accredited by the GCC Commercial Arbitration Centre.

Career History

• Head of Asset Management and Remedial Management Unit (RMU), Ithmaar Bank (2025–present)
• Head of Restructuring, Financial Restructuring Department, Bahrain Islamic Bank (previously held position managing a portfolio valued at approximately USD 530 million)
• Managing Director, Ithmaar Development Company (IDC)—a specialty real estate and infrastructure development firm—(January 2026–present, in concurrent role)

What Naif Alnasser could bring to his role at Ithmaar Bank: Alnasser's appointment signals Ithmaar's commitment to leveraging deep expertise in asset recovery and portfolio restructuring to drive operational efficiency. His proven track record in resolving complex delinquent cases and achieving significant recoveries positions him to strengthen the bank's asset quality management and support its ongoing corporate restructuring initiatives. His concurrent role as Managing Director of Ithmaar Development Company demonstrates his capacity to manage dual leadership responsibilities across the Ithmaar Group ecosystem, applying his investment management expertise to diverse business units.