Usman Ahmed

Current Role

Usman Ahmed was appointed as an Executive Director to SICO's Board of Directors in November 2025, representing National Bank of Bahrain (NBB), for a term ending March 31, 2026. He brings extensive regional and international banking experience, coupled with strong strategic and operational expertise, to support SICO's continued growth and regional ambitions.

Current Position and Banking Career

Ahmed serves as Group CEO of the National Bank of Bahrain, holding over 30 years of diverse international banking experience across the Europe Middle East Africa and Asia Pacific regions. His experience spans across firm-wide leadership, Corporate & Investment Banking, Capital Markets, Commercial, Consumer and Islamic Banking in London, Hong Kong, Dubai, Malaysia, Philippines, Pakistan and Bahrain.

Career History

• Group CEO, National Bank of Bahrain (January 2023 – present)
• CEO and Executive Board Director of Citi Malaysia, leading over 5,200 employees (August 2011 – December 2022)
• Executive Chairman of Citigroup Global Markets Malaysia, responsible for Citi Solutions Centres hubs covering over 50 countries globally
• CEO and Managing Director for Citi Bahrain, Kuwait & Qatar, and Global Head of Citi Islamic Banking
• Chief Operating Officer for Citi Asia's Corporate Bank in Hong Kong and Corporate and Investment Banking Head for Citi in the Philippines
• Managing Director and Head of Corporate Banking for Emerging Markets at Barclays Bank, leading 14 countries in the MENA, Sub-Saharan Africa and South Asia regions

Education and Board Service

Ahmed holds an MBA in Finance and Marketing from Lahore University of Management Sciences. He currently serves on the Boards of the GCC Board of Directors Institute, the Bahrain Association of Banks and Injaz Bahrain, and has previously served on the Boards of the Asian Institute of Chartered Bankers, the American Chambers of Commerce in Malaysia & Bahrain, and the Association of Banks Malaysia.

What Usman Ahmed could bring to SICO's Board

As an accomplished banking executive with three decades of experience spanning corporate and investment banking, capital markets, and Islamic finance across multiple continents, Ahmed is well-positioned to strengthen SICO's strategic direction. His proven track record leading large-scale operations at Citi Malaysia with over 5,200 employees, coupled with his expertise in emerging markets and Islamic banking innovation, aligns strategically with SICO's position as a leading regional asset manager, broker, and investment bank. His established relationships across the Gulf region and prior leadership in transformative banking initiatives suggest he can contribute meaningfully to SICO's continued regional growth and competitive positioning in investment banking and asset management.

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