Following the merger of Masraf Al Rayan QPSC (Al Rayan) and Al Khalij Commercial Bank PQSC (Al Khaliji) earlier in January, the banks announced the appointment of Fahad Bin Abdalla Al Khalifa as the group’s new CEO.
Al Khaliji’s business will be absorbed into Al Rayan’s business, and Al Rayan will remain a legal entity, which will continue to operate in accordance with Islamic Shari’ah principles.
Al Khalifa is a senior banker with over 25 years of experience. He started his career in 1994 with Qatar Central Bank. He then moved to Qatar National Bank Treasury group, where he consistently moved up the ranks to become the Group Treasurer and GM Group Corporate and Institution Banking, before joining Al Khaliji as GCEO in September 2014.
Al Khalifa holds a BSc in Finance from Seattle University.
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