DOHA: The Board of Directors of Ahli Bank recently appointed Mahmoud Malkawi as Acting CEO. Malkawi was previously the Deputy CEO - Corporate Banking, Investment and Treasury. Before joining Ahli Bank he served Arab Banking Corporation in the capacity of Executive Manager for Large Companies and Head of Business Development. He joined Ahli Bank in January 2001 as Executive Manager of Corporate & Retail Credit.
Malkawi started his professional career in 1978 and holds a Bachelor’s Degree in Accounting and a Diploma in Business Administration from Jordan University. Commenting on the appointment, Sheikh Faisal bin Abdul-Aziz Al Thani, Chairman of Ahli Bank, said: “Malkawi’s experience and deep knowledge in the banking industry will be a substantial added-value to the Bank. Ahli Bank has been performing strongly in the past and the Board and I are confident that this progress will continue under his leadership”.
Mahmoud Malkawi said after assuming the position of Acting CEO: “I am very grateful to the Board of Directors for the confidence they have placed in me and this appointment is a great honour. We will continue to provide clients with superior services and products. With the continuous support of our shareholders, customers and employees and the guidance of Qatar Central Bank we hope to pursue this successful journey”.
Ahli Bank has a credit rating of A- (Stable) by Capital Intelligence. Fitch Ratings, the international credit rating agency, has also affirmed Ahli Bank’s long-term Issuer Default Rating (IDR) at ‘A-’ with ‘Stable Outlook’. Fitch Ratings has also confirmed a ‘BBB-’ rating in respect of the Bank’s financial strength and ‘F2’ for its short-term IDR.
Recently the bank was awarded the coveted “Best Commercial Bank in Qatar” by leading international finance magazine World Finance and also by Arabian Business at the prestigious Arabian Business Qatar Awards. the Peninsula
