Al Salam Bank Bahrain Appoints Mahmood Qannati as Head of Marketing & Communications

Press release

Published December 9th, 2020 - 01:21 GMT

Al Salam Bank Bahrain Appoints Mahmood Qannati as Head of Marketing & Communications

Rafik Nayed , Mahmood Qannati

Highlights

Al Salam Bank recently announced the appointment of Mahmood Qannati, as Head of the Bank’s Marketing & Communications department.

As part of its ongoing efforts to develop the Bank’s talent base and continue to build upon its experienced executive team, Al Salam Bank, a leading regional Islamic bank and provider of a comprehensive range of innovative and unique Shari’a-compliant financial products and services headquartered in the Kingdom of Bahrain, recently announced the appointment of Mahmood Qannati, as Head of the Bank’s Marketing & Communications department.

Rafik Nayed, Group Chief Executive Officer (CEO) revealed, “We are pleased to welcome Mahmood Qannati to our executive team at Al Salam Bank and wish him all the success in his new position as Head of Marketing and Communications. Mahmood has an earned track record in strategic marketing, and we are confident that he will bring along his creative passion while implementing the requisite communication outreach programs that will enable the Bank to reach to even greater heights.”

A seasoned banker with over 20 years of extensive experience in Marketing, Communications and Branding on both local and regional levels, Mahmood Qannati is a veteran of the communications industry; having worked across various sectors including Banking, Finance, Automotive, Aviation and Telecommunications. Qannati held several leading positions in established institutions, including the Head of Marketing & Communication at HSBC, Regional Head of Marketing & Branding at Standard Chartered Bank, the Middle East Chief Marketing Officer at Cigna Insurance, and most recently serving Bahrain Islamic Bank (BisB) as Chief Marketing & Corporate Communications Officer prior to joining Al Salam Bank.

Commenting on his appointment, Mahmood Qannati, Head Marketing & Communications at Al Salam Bank, said, “It is an honour to join the team at Al Salam Bank, which has cemented itself as one of the pioneering Banks in the Kingdom with strong ambitions for strategic growth, as well as product and service innovation. I look forward to crafting newfound strategies and creative approaches in the marketing and communications realm, in order to take the Al Salam brand to even greater heights.”

Background Information

Al Salam Bank

Al Salam Bank-Bahrain B.S.C (ASBB) is an Islamic bank headquartered in the Kingdom of Bahrain, and licensed and regulated by the Central Bank of Bahrain.

ASBB was established on 19 January 2006 in the Kingdom of Bahrain with paid-up capital of BD 120 million (US$ 318 million) and commenced commercial operations on 17 April 2006. The Bank was listed on Bahrain Bourse on 27 April 2006 and subsequently on the Dubai Financial Market (DFM) on 26 March 2008.

ASBB completed its merger with the Bahraini Saudi Bank (BSB) on 22 December 2011. On 2 February 2014, Al Salam Bank-Bahrain and BMI Bank B.S.C. (c) confirmed the conclusion of a business combination between the two institutions after obtaining the approval of their shareholders at their respective extraordinary general assembly meetings, and of 30 March 2014 BMI Bank became a wholly owned subsidiary of ASBB.

ASBB offers its customers a comprehensive range of innovative and unique Shari’a-compliant financial products and services through an extended network of branches and ATMs, utilizing the state-of-art technologies to meet various banking requirements. In addition to its retail banking services, the Bank also offers Corporate Banking, Private Banking, Asset Management and Treasury services. The Bank's high-caliber management team is comprised of highly qualified and internationally experienced professionals with proven expertise in key areas of banking, finance, and related fields.