Commercial Bank Announces Key Senior Management Changes
(MENAFN- The Peninsula)
The Peninsula
Doha, Qatar: Commercial Bank, a leader in innovative digital banking solutions in Qatar, is pleased to announce significant changes in its senior management team. These strategic changes focus on leveraging the extensive expertise of seasoned leaders within the bank to achieve business objectives and drive long-term growth.
Commercial Bank announces the appointment of Khalifa Al Rayes to Executive General Manager (EGM), Chief Human Capital Officer. Having been a valued member of the Bank since 2005, Khalifa previously held a senior management position where he played a pivotal role in expanding the Government and Public Sector segment. He brings a wealth of experience in Corporate and Retail Banking to this new senior role.
Khalifa's deep understanding of banking and commitment to excellence will further strengthen the Bank's Human Capital Department. In his new role, Khalifa will drive the Bank's human capital strategy, focusing on talent development, leadership succession, and fostering a high-performance culture.
Additionally, Fahad Badar has been appointed to Executive General Manager (EGM), Chief Wholesale and International Banking Officer, moving from his previous senior position as EGM, International Banking. This strategic appointment will combine International Banking and Wholesale Banking under a single leadership, capitalizing on synergies between the two units.
Fahad, has accumulated 24 years of experience in Retail, International, and Wholesale Banking. His expertise and unwavering commitment to service excellence will drive the Bank's Wholesale Banking division growth.
Commenting on these senior management changes, Joseph Abraham, Group CEO of Commercial Bank, said:“These strategic changes in our senior management team underscore our commitment to leadership excellence and continuity and the development of national talent. Khalifa and Fahad have demonstrated exceptional dedication and expertise throughout their careers at Commercial Bank. Their new roles will enable us to drive strategic growth and maintain our leadership position in the market.”
These senior management changes reflect the Bank's commitment to leadership continuity and utilising internal talent. By leveraging seasoned leaders' extensive expertise, Commercial Bank is well-positioned to drive strategic initiatives and achieve its business objectives.
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