Amlak Finance, the largest publicly listed Islamic finance company and pioneer in home finance in the UAE, has announced that Arif Alharmi will take over as the CEO of the company. The appointment was formalized in a meeting of the Board of Directors that took place on Saturday 5th May 2007. This major restructuring step is expected to further consolidate Amlak’s already expanding business.
Nasser Al Shaikh, Chairman, Amlak, said, “The Board of Directors would like to thank Mohammed al Hashimi for his contribution to the company as we are indebted to him for instilling a sound organizational culture within a fledgling organization. Moving forward, we are very confident that Alhamri has the drive and vision required to take the company to the next level”.
Arif Alharmi has earlier worked with HSBC Amanah, where he was the Head of Commercial Banking and integral in the launch of Islamic Corporate Banking. This combination of retail and corporate finance expertise, combined with the unique insight in to positioning Sharia’a compliant financial products in a competitive market, brings a rounded perspective to the market leading home finance company.
Source : Gowealthy.com