Bahrain’s BMI bank appoints new group chief executive

08 July 2010

Jamal al-Hazeem was previously the Bahrain chief executive

Bahrain-headquartered BMI bank has promoted its chief executive Jamal al-Hazeem to the position of group chief executive.

BMI also has branches in Qatar and the Seychelles.

In this role, Al-Hazeem will assume responsibility of overseeing the bank’s expansion plans, as well as its international operations. His promotion comes following the resignation of former group chief executive Andrew Bainbridge.

Al-Hazeem served as the managing director of Arthur Andersen-Bahrain for 22 years before being appointed as chief executive of the Economic Development Board in 2000.

After this he worked in Kuwait with The International Investor, before returning back to Bahrain in 2007 to assume the role of chief executive for First Investment Bank.

“Jamal is a seasoned banker and will now lead BMI forward,” said Sheikh AbdulMalik bin Abdullah al-Khalili, chairman of BMI. “BMI is a dynamic bank having grown from strength to strength since its inception in 2005. We are well on the way to becoming what we set out to be – a truly regional bank.”

BMI offers retail banking services through a network of 8 branches and is a subsidiary of Oman’s BankMuscat, the sultanate’s largest bank by asset size.

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