BisB appoints Fatema Alalawi as chief of retail banking officer

Bahrain Islamic Bank (BisB), the leading provider of Islamic digital banking services in the Kingdom of Bahrain, announced the appointment of Ms. Fatema AlAlawi as Chief of Retail Banking Officer. This comes as part of the Bank’s efforts to recruit efficient Bahraini talents and empower Bahraini women to assume key positions with the aim of continuously establishing a professional and distinguished management team.
Throughout her career, Ms. Fatema AlAlawi has contributed to digital banking transformation and the Islamic banking sector in the Kingdom of Bahrain, where she has played an essential role in leading all aspects of private and retail banking including product development, business, marketing, and branches. She delved in FinTech, where she has helped launch Islamic banking platforms and Aion Digital.
Commenting on the occasion, Mr. Yaser Alsharifi, Chief Executive Officer of BisB, said: “We are pleased to announce the appointment of Ms. Fatema AlAlawi as Chief of Retail Banking Officer, who has a proven track record of various achievements and skills that will enable her to lead and manage the department both efficiently and effectively. This step aims to enhance our efforts to empower Bahraini women and add a female element to our upper management team and further develop equal opportunities. We wish her the best of luck and success in her career path.”
On her end, Ms. Fatema AlAlawi said: “I would first like to express my sincerest gratitude to the Chief Executive Officer and members of BisB’s Board of Directors for instilling their trust in me and appointing me to this vital position in the Bank. I look forward to working alongside the Bank’s staff to develop the retail banking division while also harnessing all my skills and experiences to play an active role in the Bank's success, progress, and growth.”
Ms. Fatema AlAlawi holds an EMBA and a BSc in Business Management from the University of Bahrain. During her Hubert Humphrey Fellowship in the United States of America, she received a PMP Certification from the University of Boston, Massachusetts, in addition to completing two leadership programs at the University of California Los Angeles (UCLA) and the Darden School of Business, University of Virginia.
Ms. Fatima AlAlawi also received many awards and honors. In 2015, she was awarded by Her Royal Highness Princess Sabeeka bint Ibrahim Al Khalifa, wife of His Majesty the King and President of the Supreme Council for Women, for her leading contribution to the banking and financial sector. She was also presented with the 2016 Future Leader Excellence Award by the Middle East Awards Institute in Dubai.
Background Information
Bahrain Islamic Bank
Incorporated in 1979 as the first Islamic bank in the kingdom of Bahrain, and the fourth in the GCC. Bahrain Islamic Bank (BisB) has played a pivotal role in the development of the Islamic banking industry and the Kingdom’s economy. The Bank operates under an Islamic Retail banking licence from the Central Bank of Bahrain and is listed on the Bahrain Bourse.
At the end of 2016, the Bank’s paid up capital was BD 101 million, while total assets stood at BD 1042 million. The Bank’s modern branch network comprises 5 branches, 4 innovative financial malls, and 56 ATMs located throughout the Kingdom. A steadfast focus on continuous innovation, strong corporate governance and risk management, employee development, and the use of state of the art technology to deliver superior customer service, has cemented Bahrain Islamic Bank’s position as the leading Sharia’a – compliant bank in the Kingdom.