MANAMA: Ithmaar Holding has announced senior leadership changes at the group level.
In a regulatory filing with the stock exchanges, the company said that Ithmaar Holding chief executive Ahmed Abdul Rahim, who is also the chief executive of the company’s two wholly-owned subsidiaries, Ithmaar Bank and IB Capital, as well as Ithmaar Bank deputy chief executive Abdul Hakeem Al Mutawa, will both retire from their executive roles on September 30, 2022, and that Ithmaar Bank business banking group general manager Abdulla Abdulaziz Taleb will be appointed chief executive of all three group entities effective October 1, 2022 .