Mohammed Saleh al-Lai
Position: Executive director and chief executive officer, Al-Amal Microfinance Bank
Biography: Mohammed Saleh al-Lai is executive director and chief executive of Al-Amal Microfinance Bank, which holds the distinction of being the first microfinance bank in the Middle East and North Africa. Al-Amal was founded in 2009 as part of efforts to expand credit beyond the country’s urban elite.
It is owned by a 45:35:20 mix of the government, the UN and private investors. With poverty now affecting around half of Yemen’s population, increased access to banking is crucial to raising standards of living and engagement in the economy.
Al-Lai is a former employee of both the Central Bank of Yemen and the Social Fund for Development. He has holds a master’s degree in international banking and finance from the UK’s Liverpool John Moores University.
Contact Tel: (+967) 1 449 731