Kuala Lumpur, 5 September 2011 – Kuwait Finance House (Malaysia) Berhad (KFH Malaysia) has appointed Dr Nabeel Al-Mannae as its Independent Non-Executive Chairman and Director effective today.
An experienced economist and banker with over 20 years in the financial industry, Dr Nabeel will play a pivotal role as the new Chairman of the first foreign Islamic Bank in Malaysia. He will maintain a strong focus on the priority areas that Kuwait Finance House K.S.C. (KFH Kuwait) has determined, in positioning KFH Malaysia as an important platform for long-term expansion of the Group in the Asia-Pacific region, thus supporting the aspiration of Malaysia as an International Islamic financial centre.
Dr Nabeel joined KFH Kuwait as Vice Chairman on 16 March 2011. He is also the Chairman and Managing Director of Hayat Investment Company. Prior to joining KFH Kuwait, Dr Nabeel served at the Central Bank of Kuwait in a career that spanned 21 years, during which he held numerous key positions, namely as Deputy Governor for a period of 10 years. He had also served as Board Member for various corporations in Kuwait, Bahrain and Jordan.
Dr Nabeel holds a PhD. in Economics from the University of Miami, Florida, Masters of Arts (Economics) from Florida International University and a Degree in Commerce (Economics) from the Kuwait University.
An experienced economist and banker with over 20 years in the financial industry, Dr Nabeel will play a pivotal role as the new Chairman of the first foreign Islamic Bank in Malaysia. He will maintain a strong focus on the priority areas that Kuwait Finance House K.S.C. (KFH Kuwait) has determined, in positioning KFH Malaysia as an important platform for long-term expansion of the Group in the Asia-Pacific region, thus supporting the aspiration of Malaysia as an International Islamic financial centre.
Dr Nabeel joined KFH Kuwait as Vice Chairman on 16 March 2011. He is also the Chairman and Managing Director of Hayat Investment Company. Prior to joining KFH Kuwait, Dr Nabeel served at the Central Bank of Kuwait in a career that spanned 21 years, during which he held numerous key positions, namely as Deputy Governor for a period of 10 years. He had also served as Board Member for various corporations in Kuwait, Bahrain and Jordan.
Dr Nabeel holds a PhD. in Economics from the University of Miami, Florida, Masters of Arts (Economics) from Florida International University and a Degree in Commerce (Economics) from the Kuwait University.