Islamic Finance 

Al Baraka appoints new Head of Group Compliance

| 13 March, 2019

Manama, Bahrain, March 13, 2019 -- Al Baraka Banking Group announces the appointment of Mr. Nader Mahmood as the new Head of Group Compliance with effect from April 1, 2019 replacing Mr. Qutub Yousafali who will continue with Al Baraka Banking Group as the Compliance Advisor.

Mr. Mahmood joins Al Baraka from Gulf International Bank (GIB), which he joined in 2000, in the Internal Audit Department. In 2015, he was appointed as the Regional Compliance Head & MLRO, a position that he held until earlier this month.

Mr. Mahmood is a Commerce Graduate from the University of Bahrain and holds a number of certifications, including Certified Anti-Money Laundering Specialist (ACAMS), Certified Accountant Technician (CAT), and Certified Financial Services Auditor (CFSA). In his role as the Regional Compliance Head & MLRO at GIB, Mr. Mahmood has obtained valuable experience in the management of Compliance, AML and Sanctions Risks.