Founder & Member of the Board of Directors
Production Bank
Total years of experience :18 years, 8 Months
Highlights:
• Successfully founded the bank as a Founding Committee Member of BOD.
• Key role in setting up bank annual budget plan of FY2023 and approved final financial statements of FY2022.
• Supported resources mobilizing and rising portfolio more than 3 times against the previous year.
Responsibilities:
• Act as a visionary leader and advocate for the bank’s mission, values and long-term goals.
• Develop operational strategy as well as strategic direction for the bank in collaboration with other board members and the executive team.
• Conduct and/or attend founding committee meetings to finalize bank structure and framework.
• Ensure compliance with legal and regulatory requirements and adherence to the bank’s bylaws and policies.
• Oversee financial matters, including budgeting, financial reporting and risk management; ensure appropriate financial controls are in place and followed.
• Participate constructively in board meetings and committee activities, contributing to discussions and decision-making. Serve on board committees as needed.
• Identify potential risks to the bank’s reputation, finances and operations; work with management team to develop risk mitigation strategies and monitor their implementation.
Highlights:
• Successfully led the team, achieving more than 200% of budgeted net profit in Q1, 2023.
• Significant contribution in initiating and supporting a comprehensive Rebranding project for banks to enhance Fintech digital banking services to drive digital transformation in bank business.
• Efficiently led and guided the sector teams in finance and investment department in managing the finance/ lending, resulting in controlling non-performance loan with 3% which is under the benchmarks 6% out of total portfolio as standard.
• Successfully set up the bank’s strategy for FY 2021-2023 composed of 18 strategic objectives, sub-objectives and projects execusi0n tools with main focus on digital banking services.
• Set up the code of professional and ethical conduct for both Board of Directors and the bank’s staff (first time in the bank history).
• Developed Board of Directors Governance Regulations and all five BOD Committees Regulations as a member of Policy Committee.
• Set up capital increasing to 10 times than before (1000%), 50% was full paid up.
• Rendered guidance in Risk Management as a Head of the Risk Management Committee.
• Participated in developing compliance management guidelines.
• Acting chairman of board of director of Animal Resources Bank and carried out Chair's duties in his absence.
• As a member of the board of directors, held memberships in following committees of the BOD :
o Head of Executive Committee (Nov 2020 - Jan 2022)
o Head of Risks Committee (Jan 2022 - Jan 2023)
o Member of Policy Committee (Jul 2021 - Jan 2023)
o Member of compliance Committee (Nov 2020 - Jan 2023)
Responsibilities:
• Collaborate with the CEO and other executive team members to develop the bank's overall strategic vision, mission, and goals.
• Contribute to the development of long-term plans and strategies to ensure the bank's growth and profitability.
• Lead and oversee the bank’s annual planning efforts and manage resources to ensure set objectives are achieved within the allocated budget.
• Provide oversight and guidance to various operational aspects of the bank, monitor operational performance and recommend approving banking finance sealing up to 4 billion.
• Monitor, evaluate and ensure that the bank’s annual operational plans and programs achieved desired results.
• Oversee the bank’s portfolio and operations across branches and departments, conduct due diligence on the investments, and coach branch managers and advice on changes on investment diversification policy.
• Monitor and analyze the bank's financial performance, ensuring that it meets or exceeds KPIs and targets. Implement measures to enhance efficiency and profitability while managing risks effectively.
• Identify, assess and mitigate risks faced by the bank; work with risk management teams to establish and maintain robust risk management practices and policies.
• Ensure compliance with relevant laws, regulations, and internal policies; promote strong corporate governance practices and ethical standards within the bank.
• Develop and maintain strong relationships with key stakeholders, including board members, shareholders, regulatory authorities, and other external partners.
• Foster a positive and productive work culture in the bank that encourages teamwork, innovation and professional development.
Responsibilities:
• Guide and oversee the strategic direction, governance and performance of the bank, and ensure that the bank operates in a lawful, ethical, and sustainable manner.
• Contribute to the development of the bank’s long-term strategic goals and objectives; review and approve major business plans, initiatives, and investments.
• Identify and assess potential risks to the bank’s reputation, finances, and operations; develop effective risk mitigation strategies and monitor their implementation.
• Review and approve the organization's financial statements, budgets, and financial policies. Ensure financial stability and transparency.
• Attend all meetings of BOD and BOD committees; conduct Executive Committee meetings to discuss bank performance and report recommendations and lessons gained to BOD.
• Follow up BOD decisions, directions and recommendations to ensure soundness of implementation.
• Ensure appropriate execution of external auditor recommendations and BOD decisions.
• Approve the finance limit upper than CEO authorization; evaluate the performance of CEO and other regulatory departments reported directly to BOD in accordance with Central Bank governance circular.
• Prepare and present reports of Executive, Risk committees in BOD meetings.
Highlights:
• Efficiently restructured the company staff on terms of quality and quantity which assisted in changing the company business from losses to profit by more than 3000% against FY2021.
• Successfully founded Goly Livestock Market as anew project for company expansion to support marketing inclusion and generated additional profits.
• Increased paid up capital of company in current year more than 25000% in previous year.
• Set directions for preparing annual budget plan of company for FY 2021-2023.
Responsibilities:
• Chiefly accountable for providing strategic oversight, guiding the company’s strategic direction, overseeing is governance, and promoting the company’s long-term success while safeguarding the interests of stakeholders.
• Collaborated with other directors and the executive team to develop and implement the company’s long-term strategic vision. Oversaw the company’s operations and performance, ensuring alignment with strategic goals.
• Worked closely with the Chief Executive Officer (CEO) and provided guidance and support.
• Discussed and approved the final financial statement of company; conducted periodical meeting to discuss financial and managerial reports of company and reported to shareholders.
• Led executive management and facilitated the access to resource mobilizing for company.
• Oversaw the company’s risk management practices and ensured appropriate controls are in place; monitored compliance with relevant laws, regulations and internal policies.
• Appointed and led board committees, such as audit, risk and other committees, and ensured effective functioning and coordination of these committees.
• Fostered a culture of collaboration and mutual respect among board members and between the board and management.
Highlights:
• Found Consumer Protection Section in Central Bank.
• Set guidance of Banks C0nsumer Protection.
• Conducted many awareness workshops about the concept of consumer protection to enhance Financial Inclusion & financial stability fostered by Bank.
• Initiated Directions to handle, address and settle clients’ complaints and disputes.
• Drafted guidance to deal with problem banks, and how to be classified according to Early Warning System.
• Drafted more than 5 financial and managerial restructuring programs for weak banks leaded to improving in their financial positions resulted in removing those banks from the list of weak banks.
• Initiated paperless management concept in department ended to setting up digital system and providing technical support to the team for using to reduce cost and managing time by easy retrieving of data.
• Initiated and providing online channel for submitting clients’ complaints via website of the bank.
• Set action plans and return matrix for assessing implementation of reforming programs of problem banks.
Responsibilities:
• Led evaluation function to assess whether the bank supervisory interventions and restructuring programs achieved their intended outputs, outcomes, and impact and ascertain their alignment with the CBOS strategy and Action Plans, and monitor the performance of banking and non-banking institutions regulated by CBOS, to ensure compliance with evolving locally and globally good practice standards.
• Conducted performance evaluations of all institutions those regulated by central bank includes banks and non-banks Islamic financial Institutions (IFIs) such as foreign exchange, financial transfers, and Ijarah companies, and carry out due diligence for potential banks interventions, polices, regulations and governance towards those institutions.
• Monitored financial positions of banks and IFIs against their mandated guidelines and risk parameters, monitor, and evaluate the risk and performance of individual firms including analysis on: daily base (liquidity management), weekly base (statutory reserve position), monthly base (monthly consolidated balance sheets), quarterly base (Early Warning Indicators - CAEL), and annually done for audited final statements.
• Assessed and analyzed risks arising from the banking and non-banking financial sector such as insurance, money markets, microfinance, and financial leasing and exchange firms.
• Oversaw performance across quality of assets classes, liabilities, earning, liquidity, portfolio, capital, NPLs.
• Monitored the banks & IFIs performance risk - based supervision and conducted studies and advised on changes to governance policy, present reports, and analysis, and provided recommendations to the Department Manager and other stakeholders.
• Conducted an in-depth evaluation of the problem Bank’s performance against their financial, managerial and governance reforming programs and recommend corrective actions where appropriate.
• Contributed in providing strategic direction, motivational leadership, and operational oversight for the regulatory framework of the prudential banking supervision and also participate in setting bank annual monetary policies especially in aspect of financial stability, financial inclusion, Fintech, cyber security and financial soundness.
• Evaluated team to undertake independent work assessment at the macro level (employee, unit, section).
• Led proving of annual operation plans of section and team with clear KPIs.
• Led evaluation and assessing team performance against annual plan performance parameters, and reported recommendations needed for improving to the manager.
• Followed up on and assess directions taken by the Central bank to implement recommendations made in evaluation reports and studies to ensure that the findings, lessons learned, and recommendations made are reflected in the future regulation and circulars of the Bank.
URL removed due to policy violation. Please contact support for further information.