The Board of Directors of QFB announced yesterday the appointment of Khaled Abdullah Al Khoori (pictured), as the new Acting CEO pending regulatory approvals.
The Board of Directors of QFB has approved the resignation of Chief Executive Officer Ziad Makkawi during his last meeting, and thanked him for his efforts during the previous period and wished him success in his future plans.
Al Khoori took the helm of Al Hilal Bank in December 2015 following his appointment as CEO. As the head of one of the fastest-growing Islamic banks in the UAE, Al Khoori is bringing his extensive years of valuable professional experience in the Banking and Investments industry to help steer the organisation’s future direction and growth. Al Khoori served as Vice Chairman of Abu Dhabi Islamic Bank (ADIB), Chairman of National Takaful Company (Watania), and founding board member of QFB.
Khaled graduated Summa Cum Laude from Boston University, US, where he earned his Bachelor of Science in Business Administration (BSBA). He also completed a General Manager Program (TGMP) from Harvard Business School in 2005.
Abdulla Bin Fahad Bin Ghorab Al Marri, QFB’s Chairman, said: “We would like to welcome Khaled Abdullah Khoori as the Acting CEO of QFB, and roll out the strategy of establishing a leading Shari’ah Compliant Bank. Together, we will continue to build on our successes in the Private Equity area and broaden the services we offer to our clients and shareholders." Al Marri added: “We would like to thank Ziad Makkawi for his contributions to the Bank. We wish him continued progress and prosperity, and success in his future endeavors."
