Leadership Team

Board of Directors

Mohammed Ebrahim Juma Al Shroogi, Chairman, Bahraini

Academic and Professional Qualifications:

    • Executive Program, Harvard University, Boston, Massachusetts, United States of America, 1989; and

 

    • Bachelor in Commerce, Kuwait University, Kuwait City, Kuwait, 1970G.

 

Current Positions:

    • Chairman of the board of Golf Cooperation Council Board Directors institute, non-profit organization, focuses on raising awareness of the importance of promoting professionalism of the members of Boards of Directors and enhancing their efficiency in the region, since 2015G;

 

    • Co Chief Executive Officer, Investcorp Bank B. S. C., a Bahrain shareholding company, banking and financial services, since 2015G;

 

    • Chairman of the Board of Directors, L’azurde Company for Jewelry , since 2013G;

 

    • A director at the Crown Prince’s International Scholarship Program, since 2000;

 

    • A member at the board of trustees of Bahrain Center for studies and research, Bahraini research institute conducting special applied research on pension basis, consultancy services to private and public sectors, since 1995G; and

 

    • A director at the National US-Arab Chamber of Commerce, aims at enhancing and supporting US-Arab work and economic cooperation, since 1995G.

 

Past Professional Experience:

  • President of Gulf Business, Investcorp Bank B.S.C., a Bahrain shareholding company, banking and financial services, 2009G–2015G;

 

    • Chief Executive Officer, United Arab Emirates, Citigroup, Inc., banking and financial services, 2006G–2009G;

 

    • Chief Executive Officer, for the Middle East and North Africa region, Citigroup, Inc., banking and financial services, 2004G–2006G;

 

    • Head of treasury and chief executive officer of Bahrain and states where no banks are owned, Citygroup, Inc , banking and financial services, since 1986G until 2004G;

 

    • A member at the Bahraini Consultative Council from 2002G until 2006G; and

 

    • An assistant manager of treasury department in Bahrain branch, Citygroup, Inc, banking and financial services, since 1976G until 1979G.
James Leonard Tanner, Director, British

Academic and Professional Qualifications:

    • Master of Business Administration, Indiana University, Bloomington, Indiana, United States of America, 1983G; and

 

  • Bachelor of Science in Economics and Finance, Indiana University, Bloomington, Indiana, United States of America, 1982G.

 

Current Positions:

    • Director at Arvento Mobile System, Closed joint stock company, a pioneering company in information technology, designing, developing, and selling its collection of devices and software applications products, since 2015G;

 

    • Member at the board of managers at Hydrasoon holding group, Limited Liability Company, Pioneering and specialised company in the field of providing integrated fluid transporting solutions, since 2014G;

 

    • Director at Al Yusr Industrial contracting company, a closed joint stock company, a pioneering company in the field of providing petrochemical industrial services, oil and gas sector, since 2013G;

 

    • Director, L’azurde Company for Jewelry , since 2012G;

 

    • Director at TİRYAKİ AGRO, a closed joint stock company, trading and supplying agricultural products, since 2011G;

 

    • A director at Gulfcryo holding company, a private company, a Pioneering company in the field of producing industrial gas, the middle east, since 2011G;

 

    • General Manager, and head of companies’ investments, the Middle East and North Africa, Invescorp Bank, Bahraini joint stock company, banking and financial services, since 2010G;

 

    • Director, Kingdom Investcorp for investment, private company, investment banking services, subsidiary of Bahrain Investcorp Bank, since 2010;

 

    • Director, Oro Egypt for Manufacturing Precious Metals, joint stock company, since 2010G; and

 

    • Director, Orca holding company, closed joint stock company, pioneering company in men’s wear retail in Turkey, Since 2012G.

 


Past Professional Experience:

 

  • Director, Redington International Holding Limited, private company, computers and software distributor across the Middle East and North Africa, from 2011G until 2012G;

 

  • Director, InvestCorp, Luxembourg, holding financial company, investment and consultancy services related to capital market, international real estate and fund management, from 2010G to 2010G;

 

  • General manager, relations and investment, Investcorp Bank (Bahraini joint stock company), specialised in financial and banking services, from 2008G to 2010G;

 

  • Managing director, head of relations department, Investcorp Bank, Bahraini joint stock company, banking and financial services, since 2008G until 2010G;

 

  • Managing Director and Member of the Board of Directors, Morley Fund Management Ltd. (now known as Aviva Investors), a limited company, financial services, 2005G–2008G;

 

  • Managing Director – Global Markets (Europe and Middle East), HSBC Holdings plc, a public limited company, banking and financial services, 2002G–2004G;

 

  • Managing Director – Head of International Private Client Group (Asia Pacific), Morgan Stanley & Co., Inc., banking and financial services, 2001G–2002G;

 

  • Managing Director and Chief Executive Officer, Morgan Stanley Investment Management Limited, a limited company, banking and financial services, 1996G–2001G;

 

  • Managing Director and Chief Operating Officer, Morgan Stanley Investment Management Limited, a limited company, banking and financial services, 1993G–1996G;

 

  • Executive Director – Fixed Income Division, Morgan Stanley & Co., Inc., banking and financial services, 1990G–1993G;

 

  • Vice President – International Fixed Income Division, Morgan Stanley & Co., Inc., banking and financial services, 1988G–1990G;

 

  • Vice President – Fixed Income Division, Morgan Stanley & Co., Inc., banking and financial services, 1984G–1988G; and

 

  • Associate – Equity and Fixed Income Division, Morgan Stanley & Co., Inc., banking and financial services, 1983G–1984G.
Brian Dickie, Director, Irish

Academic and Professional Qualifications:

    • Master of Business Administration, Harvard University, Boston, Massachusetts, United States of America, 1978G; and

 

  • Master of Arts in English Language and Literature, Oxford University, Oxford, England, 1976G.

Current Positions:

    • Director, L’azurde Company for Jewelry , since 2015G;

 

    • Hydrasoon Board of Managers Chairman, a limited liability company, distributing and manufacturing hydraulic machines and devices and related products for international oil industry below sea surface, since 2013G;

 

    • A director (non-executive), Sistema, a joint stock company listed in Moscow and London, a top-ten investment company in the Russian Federation, since 2010G;

 

    • Chief executive officer, Ecopal Company, Denmark, a privately-owned company, top water proof ceiling provider in Europe, substantial operations in the USA, Since July 2007G;

 

    • Director, Pliconcept, Amsterdam, a privately-owned company, one of the top international promotional goods providers, since 2005G; and

 

    • Senior Advisor, Investcorp International Ltd., a limited company, investments in European private equity, UK, specialised in banking and financial services, since 2003G.

 

Past Professional Experience:

    • Director, Afghanistan International Bank, a closed joint stock company, biggest private bank in Afghanistan, from 2012G until 2015G;

 

    • Director, Enpro, Norway, a public limited company, operating in the field of carbon mining and production of chemical substances and products, 2012G until 2013G;

 

    • Director, Auto distribution Company (public limited company), top independent distributor of cars spare parts in France Poland, since 2008G until 2010G;

 

    • General manager, Investcorp International, (a limited liability company), investment in European private equity, UK, specialised in banking and financial services, since September 2003G until October 2010G;

 

    • President – North America, TXU Energy Corporation, a limited liability company, energy, 1999G–2003G;

 

    • President and Chief Operating Officer, Booz, Allen & Hamilton, Inc., consultancy services, 1993G–1998G;

 

    • Managing Partner, Booz, Allen & Hamilton, Inc., consultancy services, 1981G–1993G; and

 

    • Vice-president, Central Bank of Cleveland, a company operating in the field of finance, specialised in banking and financial services, since 1978G until 1981G.
Abdullah Abdulaziz Saleh Al Othaim, Director, Saudi

Academic and Professional Qualifications:

  • Bachelor in Finance, Suffolk University, Boston, Massachusetts, United States of America, 2010G.

Current Positions:

  • Director, L’azurde Company for Jewelry, since 2013G;

 

  • Director – Strategic Planning, Abdulaziz Al Othaim & Sons Holding Company, a limited liability company, investments, since 2012G; and

 

  • Director, Aswar United Real Estate Development Company, a limited liability company, real estate development, since 2012G.

Past Professional Experience:

    • Member, committee for restructuring and designing bylaws and internal procedures for Manazel Construction company, specialised in building and constructing commercial buildings, housing, and recreational projects, renting and maintenance services, internal design services, during the period from January 2012G and July 2012G;

 

    • Business Analyst, RBC (Direct Investing), a joint stock company, financial services, 2011G–2011G;

 

    • Financial Analyst, Abdullah Al Othaim Markets Company, a joint stock company, retail, 2010G–2011G;

 

    • Business Analyst, R B C (Direct Investing), a company operating in finance sector, specialised in banking and financial services, a limited joint stock company, financial services, since 2011G until 2011G; and

 

    • Financial Analyst, Al-Othaim Holding Company (LLC), operating in investment sector, since 2010G until 2011G.

 

Wassim Mohammad Assim Al Khatib, Director, Saudi

Academic and Professional Qualifications:

  • Bachelor in Computer Engineering, Pennsylvania State University, State Collage, Pennsylvania, United States of America, 2004G.

Current Positions:

    • President – Banking investments, Alahli tadawul, Saudi joint stock company, specialised in financial services, since 2015G;

 

    • Director, L’azurde Company for Jewelry , since 2015G;

 

    • Director, HC Securities and Investment, Egypt, joint stock company, specialised in banking and financial services, since 2015G; and

 

    • Partner and director, center for dental implant and teeth whitening Limited company, Saudi Arabia, medical sector, since 2010G.

 

Past Professional Experience:

  • Executive – Banking investments, Alahli tadawul, Saudi joint stock company, specialised in financial services, from 2014G since 2015G;

 

  • Vice President – Investment Banking, NCB Capital Company, a joint stock company, banking and financial services, 2012G–2013G;

 

  • Administrative Assistant/Manager – Investment Banking, NCB Capital Company, a joint stock company, banking and financial services, 2008G–2012G;

 

    • Senior Financial Analyst – Investment Banking, National Commercial Bank Capital, a joint stock company, banking and financial services, 2006G–2008G; and

 

  • Analyst, Saudi Arabian Oil Company (Aramco), a state owned company, oil and gas, 2005G–2006G.

Rabih Michel Khouri, Managing Director -Corporate Investment – French

Academic and Professional Qualifications:

  • MBA from Cambridge University, United Kingdom, 1999
  • Masters in Engineering, Ecole Centrale Paris, France, 1995

Current Positions:

    • Member of the MENA investment team at Investcorp BSC, a publicly listed Bahrain shareholding company, financial and banking services, Bahrain, since 2007;

 

    • Board member for Theeb Rent a Car Company, a joint stock company, car rental business, Riyadh, Kingdom of Saudi Arabia, since 2013;

 

    • Board member for Leejam, a joint stock company, operator of gym clubs under the Fitness Time brand, Kingdom of Saudi Arabia, since 2013; and

 

  • Audit Committee chairman at Automak, a Kuwaiti listed company, operating in car leasing and rental business, Kuwait, since 2012.

Past Professional Experience:

    • Portfolio manager at Nord Est, diversified industrial fund, France, 2005–2007;

 

    • Engagement Manager at McKinsey & Company, a partnership providing management consultancy services, France and North Africa, 2000– 2005; and
    • Senior Auditor at Arthur Andersen, a partnership providing audit and transaction services, France, 1995–1997, and 1999–2000.
Wassim Mohammad Assim Al Khatib, Director, Saudi

Academic and Professional Qualifications:

  • Bachelor in Computer Engineering, Pennsylvania State University, State Collage, Pennsylvania, United States of America, 2004G.

Current Positions:

    • President - Banking investments, Alahli tadawul, Saudi joint stock company, specialised in financial services, since 2015G;

 

    • Director, L’azurde Company for Jewelry , since 2015G;

 

    • Director, HC Securities and Investment, Egypt, joint stock company, specialised in banking and financial services, since 2015G; and

 

    • Partner and director, center for dental implant and teeth whitening Limited company, Saudi Arabia, medical sector, since 2010G.

 
Past Professional Experience:

  • Executive - Banking investments, Alahli tadawul, Saudi joint stock company, specialised in financial services, from 2014G since 2015G;

 

  • Vice President – Investment Banking, NCB Capital Company, a joint stock company, banking and financial services, 2012G–2013G;

 

  • Administrative Assistant/Manager – Investment Banking, NCB Capital Company, a joint stock company, banking and financial services, 2008G–2012G;

 

    • Senior Financial Analyst – Investment Banking, National Commercial Bank Capital, a joint stock company, banking and financial services, 2006G–2008G; and

 

  • Analyst, Saudi Arabian Oil Company (Aramco), a state owned company, oil and gas, 2005G–2006G.
Rabih Michel Khouri, Managing Director -Corporate Investment – French

Academic and Professional Qualifications:

  • MBA from Cambridge University, United Kingdom, 1999
  • Masters in Engineering, Ecole Centrale Paris, France, 1995

Current Positions:

    • Member of the MENA investment team at Investcorp BSC, a publicly listed Bahrain shareholding company, financial and banking services, Bahrain, since 2007;

 

    • Board member for Theeb Rent a Car Company, a joint stock company, car rental business, Riyadh, Kingdom of Saudi Arabia, since 2013;

 

    • Board member for Leejam, a joint stock company, operator of gym clubs under the Fitness Time brand, Kingdom of Saudi Arabia, since 2013; and

 

  • Audit Committee chairman at Automak, a Kuwaiti listed company, operating in car leasing and rental business, Kuwait, since 2012.

Past Professional Experience:

    • Portfolio manager at Nord Est, diversified industrial fund, France, 2005–2007;

 

    • Engagement Manager at McKinsey & Company, a partnership providing management consultancy services, France and North Africa, 2000– 2005; and
    • Senior Auditor at Arthur Andersen, a partnership providing audit and transaction services, France, 1995–1997, and 1999–2000.

 

 

Amin Mohamed Akef Al-Maghrabi, Independent Director, Saudi

Academic and Professional Qualifications:

    • B.A. in Economics and Political Science, University of Richmond, London, UK, 1996G.

 

Current Positions:

    • President and CEO of Magrabi Retail Company, a Limited Liability Company operating in eyewear retail categories since 2006G;

 

    • Director of Magrabi Hospitals & Centers, a Limited Liability Company operating in medical care since January 2008G;
    • Director of Al Amin Medical Instruments Co. (AMICO Group), a Limited Liability Company operating in medical equipment and healthcare products distribution, since January 2010G; and

 

    • Director of Magrabi Charity Association since January 2013G.

 

Past Professional Experience:

  • Regional General Manager of Magrabi Optical, a Limited Liability Company operating in eyewear categories from 2002G until 2006G;

 

    • Marketing General Manager of Magrabi Optical, a Limited Liability Company operating in eyewear categories, Cairo, Egypt from 1999G until 2006G;

 

    • Mergers and Acquisitions Analyst, JP Morgan, New York, USA, in financial services from 1998G until 1999G;

 

    • Head of treasury and chief executive officer of Bahrain and states where no banks are owned, Citygroup, Inc , banking and financial services, since 1986G until 2004G;

 

    • Financial Analyst, Arak Financial Group operating in banking, Beirut, Lebanon, from 1997G until 1998G; and

 

    • Senior Retail Broker, Flemings Investment Bank, specialised in investment, Cairo, Egypt, from 1995G until 1997G.

 

Abdul Kareem Assad Abu Alnasr, Independent Director, Saudi

Academic and Professional Qualifications:

    • Master of Business Administration – American University – Cairo, Egypt (1989G); and

 

    • Bachelor of Business Administration – California State University, California, Egypt (1985G)

 

Current Positions:

    • Director of Savola Group, a Saudi Joint Stock Company operating in manufacturing and marketing edible oil and vegetable ghee in Saudi Arabia since March 2013G;

 

    • Director of Yanbu National Petrochemical Company (Yansab), a Saudi Joint Stock Company operating in manufacturing of petrochemical products, since March 2013G;
    • Director of Abdul Latif Jameel United Finance Company, a Closed Joint Stock Company specialised in providing auto financing as per Finance Lease Law, since April 2015G;

 

    • Director of Saudia Aerospace Engineering Industries (SAEI), a Closed Joint Stock Company operating in engineering and manufacturing of planes since March 2014G;

 

    • Director of Mohammed Abdulaziz Al-Rajhi & Sons Holding Company (MARS), a Closed Joint Stock Company operating in manufacturing industry, since March 2013G;

 

    • Director of Kinan Real Estate Development Company, a Limited Liability Company operating in real-estate development March 2015G; and

 

    • Director of SAFANAD LIMITED, Dubai, UAE, a Limited Liability Company, operating in investments, since May 2015G.

 

Past Professional Experience:

  • Director of NCB, a Saudi Joint Stock Company specialised in financial services from 2007G until 2013G;

 

    • Chairman of the Regional Advisory Council, MasterCard Company for MENA specialised in financial services, from 2007G until 2013G;

 

    • Director of Union of Arab Banks, Lebanon, from 2006G until 2013G;

 

    • Member of the Board of Trustees, Arab Academy for Banking and Financial Sciences, Jordan, from 2006G until 2013G;

 

    • Chairman of AlAhli Takaful, a Joint Stock Company specialized in solidarity insurance, in the Kingdom from 2007G until 2010G;

 

    • Member of Supreme Economic Council (SEC) Advisory Council for Economic Affairs, the Kingdom, from 2010G until 2010G;

 

    • Vice Chairman of the Board of Türkiye Finans Katılım Bankası, a Private Company, specialised in banking and financial services, Turkey, from 2008G until 2013G;

 

    • Member of the Board of Saudi Commission for Tourism and National Heritage, from 2008G until 2010G;

 

    • Member of the Board of Saudi Arabia General Investment Authority (SAGIA), from 2008G until 2010G; and

 

  • Member of the Advisory Committee of Abdul Latif Jameel Company L.L.C from 2013G until 2014G.
Mrs. Sabah Khalil Almouyyed – Independent Director

Academic and Professional Qualifications:

 

  • MBA, Kelastat Business School, University of DePaul, 2005.
  • Executive Leadership Program, Darden College, University of Virginia, 2001.
  • Advanced Management Program (AMP), Wharton Business School, 1999.
  • Bachelors, Economics and Business Administration, American University of Beirut, Lebanon, 1975.

Current Positions:

 

  • An independent member of the board of directors, L’azurde Jewelry, since November 2016
  • Member of the Board of Directors, Bahrain Development Bank, development financial institutions, financial and banking services since March 2016.
  • Member of the Board of Directors, EBDAA Bank, Micro – projects finance, financial and banking services, since 2015.
  • Board member of the Higher Education Council, Kingdom of Bahrain, Governmental organization since 2012.
  • Managing Partner, Intellect Resources Management Company – L.LC, Consultancy Management, and Training, since September 2014.

Past Professional Experience:

 

  • General Manager and Executive Board Member at Eskaan Bank in Bahrain, financial and banking services, from 2004 to 2013.
  • Chief Executive Officer and member of the Board of Directors of Ahli United Bank in Bahrain, financial and banking services, from 1996 to 2014.
  • Assistant General Manager, Corporate Banking Department of Bahrain National Bank, financial and banking services, from 1988 to 1996.
  • Vice President of United Gulf Bank in Bahrain, Investment Department, financial and banking services, from 1982 to 1987.
  • Director of Citibank in Bahrain, the retail division, financial and banking services, from 1977 to 1981.

 


Senior Management

Our highly experienced senior management team has the necessary knowledge and expertise to lead L’azurde to future success

Selim Chidiac, Chief Executive Officer, Swiss

Academic and Professional Qualifications:

  • Engineering Degree, Chimie Physique Electronique, Lyon, France, 1995G;

Current Position:

  • Chief Executive Officer, L’azurde Company for Jewelry since 2010G.

Past Professional Experience:

  • Chief Executive Officer, Red Bull North America, Inc., fast moving consumer goods, 2007G–2010G;

 

  • Chief Executive Officer and Regional Head (Asia, Pacific, Middle East and Africa), Red Bull North America, Inc., fast moving consumer goods, 2006G until 2007G;

 

  • Regional President (Asia, the Pacific Ocean, Middle East and Africa), Red Bull FZE, a company operating in the retail industry and specialised in consumer goods, 2004G until 2005G;

 

  • Manager of (Middle East, North Africa and Greece region), Red Bull GMBH, a company operating in the retail industry and specialised in consumer goods, 1999G until 2002G;

 

  • Marketing Manager, Procter & Gamble IG, General Partnership, a company operating in the retail industry and specialised in consumer goods, 1997G until 1999G; and

 

  • Brand Manager, Procter & Gamble IG, General Partnership, a company operating in the retail industry and specialised in consumer goods, 1995G until 1997G.
Ayman Gamil, Chief Financial Officer and Secretary of the Board of Directors, Egyptian

Academic and Professional Qualifications:

  • Certified Treasury Professional, the Association for Financial Professionals, United States, 2002G;

 

  • Certified Internal Auditor, the Institute of Internal Auditors, United States, 2001G;

 

  • Chartered Certified Accountant, the Association of Chartered Certified Accountants, United Kingdom, 1998G; and

 

  • Bachelor in Commerce, Cairo University, Cairo, Egypt, 1991G.

Current Position:

  • Secretary of the Board of Directors, L’azurde Company for Jewelry since 2015G; and

 

  • Chief Financial Officer, L’azurde Company for Jewelry since 2014G.

Past Professional Experience:

  • Group Chief Financial Officer, National Printing Company, a joint stock company, packaging and printing, 2012G–2014G;

 

  • International Markets Controller (for Africa, Middle & Near East, CIS, Turkey & Pakistan), SC Johnson Company, a group of companies, fast moving consumer goods, 2004G–2012G;

 

  • Regional financial manager (the Middle East and North Africa) SC Johnson, a group of companies, operating in retail industry, specialized in consumer goods, since 2006G and 2010G;

 

  • Financial manager (Egypt) SC Johnson, a group of companies, operating in retail industry, specialised in consumer goods, since 2004G and 2006G;

 

  • Finance Director, Fromageries Bel Egypt, a joint stock company, fast moving consumer goods, 2001G–2004G;

 

  • Financial Controller, GlaxoSmithKline, a joint stock company, pharmaceutical, 1997G–2001G;

 

  • Senior Accountant, Ernst & Young, a partnership, audit, 1994G–1997G; and

 

  • Accounting Manager, CR&S Company, a partnership, information technology, 1992G–1994G.
Mohammed Ayman Haffar, Executive GM – KSA and InternationalIhab Ibrahim, General Manager – EgyptFahed Ghanem, Retail GMAmir Zweil, Chief Marketing Officer