
DOHA: Commercial Bank yesterday announced that Khalifa Nasser Al Rayes (pictured) has assumed responsibility for the Bank’s Government and Public Sector Business.
Khalifa has been with Commercial Bank for over ten years, serving in numerous senior positions including Head of Private Banking, and has extensive knowledge of the Qatari market.
This executive decision will allow the Bank to strategically expand its Government and Public Sector business relationships with key customers transforming it into a multi-dimensional business, and also underscores the Bank’s commitment to supporting home-grown talented stafffurther strengthening the presence of Qatari Nationals at the executive management level.
Commercial Bank CEO Abdulla Saleh Al Raisi, said: “I am delighted to announce this strategic decision which will have a significant impact on the development of the Bank’s business. Khalifa is a talented leader who understands Qatar and the particular needs of our valuable Government and Public sector clients. Khalifa’s expertise built over many years in senior roles will help transform this strategically important area of business for Commercial Bank.”
The Peninsula