Are you on the Al Masraf team?
This is a Light company page, auto-generated from public news coverage. Claim it to verify the company description, add logo and links, and control how your organisation is represented on Executive Moves.
Claim this company →Al Masraf is a financial institution that offers banking services across various sectors, including consumer banking, corporate banking, Islamic banking, and treasury and investment services. The bank is owned by Emirates Investment Authority (42.28%), the Libyan Foreign Bank, Libya (42.28%), and La Banque Exterieure d'Algerie, Algeria (15.44%). The bank was formed with the purpose of instilling cooperation amongst Arab countries and promoting joint economic ventures among them.
Founded in 1976 as a commercial bank headquartered in Abu Dhabi, United Arab Emirates, the bank assists with financing solutions such as working capital, term loans, project financing, and business loans. Al Masraf has 557 employees. The bank's annual revenue was $74.8 million in 2025.
Recent Leadership News
Al Masraf announced the appointment of Fuad Mohamed as the bank's new Chief Executive Officer on February 3, 2025. The bank also appointed Hitesh Thakkar as Chief Financial Officer in a strategic move underscoring the Bank's commitment to its newly launched 2025–2028 strategy. See Executive Moves coverage of the CEO appointment.
Sources
- Al Masraf | LinkedIn
- Al Masraf - Products, Competitors, Financials, Employees, Headquarters - CB Insights
- Al Masraf Company Profile - PitchBook
- Al Masraf Information - RocketReach
- Fuad Mohamed appointed as new CEO - Al Masraf Official
- Al Masraf appoints Hitesh Thakkar as CFO - Executive Moves
- Arab Bank for Investment and Foreign Trade Strengthens Growth Strategy - Zawya
Auto-generated profile. Facts compiled by Executive Moves' AI editorial assistant from publicly available news and press releases on 22 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
