Deputy Treasurer
Warba Bank
Total years of experience :8 years, 11 Months
Oversees the daily Treasury activities, Foreign Exchange Net Open Position and interest GAP as per Central Bank of Kuwait instruction and regulation. Managing the bank liquidity as per Asset & Liability Committee guidelines and instructions. Establishing and maintain the relationship with counterparts of Financial Institutions and Semi Government entities as well as the large corporations.
the desk is managing the Following Money Market Funds:
Watani KWD Money Market Fund.
Watani Foreign Currency Money Market Fund class 1 (USD).
Watani Foreign Currency Money Market Fund class 2 (EUR).
Watani KWD Money Market Fund According to Islamic Shariah Principles.
Watani USD Money Market Fund According to Islamic Shariah Principles
Managing the funds’ Assets and Liabilities. Decide on the funds’ assets allocations, Asset Under Management in excess of USD 4 billion, as per the Investments Credit Committee guidelines and ensure that CBK and Ministry of Commerce and Industry regulations are adhered. Carrying out periodic asset analysis in respect of liquidity, credit, interest rate volatility and their impact on the Funds return. Analyzing the unit holders behavior in reference to subscription and redemption cycle and identifying any patterns and their correlation with market liquidity and other asset classes which they generate higher return for unit holders.
The Certificate was accredited by General Council for Islamic Financial Institution Bahrain. The Program covers the Banking and Financial services in perspective of Islam Shariah Principles. Covering the Banking, Investment, Finance and Takaful (Insurance).
ACI Dealing Certificate, covers the basic Treasury function of Foreign Exchange and Interest Rate in Financial Market as per best market practice.