Head of Equity Investment Division
Islamic Development Bank
مجموع سنوات الخبرة :17 years, 7 أشهر
June 2010-Present Islamic Development Bank Jeddah, KSA
Manager - Equity Investments Division & Lead Investment Specialist
Managing and supervising the Equity Investments Division.
The Division has the following functions: Manage (including follow-up and monitoring) a portfolio valued at more than USD 1 billion,
Identify new equity investment opportunities
Perform appraisal of equity investment opportunities
Make new equity investments and exit from existing investments.
Contribute to the development of the Islamic Financial Services Industry
I also represent IDB and actively participates in the board of directors of three investee institutions
Sept. 2001-June 2010 Islamic Development Bank Jeddah, Saudi Arabia
Liaise with audit clients to coordinate the planning and the effective implementation of the audit.
Execute critical audits, on a timely basis, based on the risk areas identified.
Monitor audit progress and address issues of concern.
Provide Management and the Audit Committee with value-added reports and recommendations to help improve performance, enhance the internal controls and achieve the compliance with policies and procedures.
Present the audit findings and recommendations to Management and the Audit Committee.
Monitor the follow-up on the implementation of the audit recommendations by engaging audit clients.
Audited projects and operations financed by the Bank.
Performed several audits in the treasury, investment and HR areas.
Was an active member of many committees and task forces.
Participated in the drafting of the annual Internal Audit Department plans.
Effectively completed special assignments requested by management.
Was promoted three times and consistently acknowledged by superiors for outstanding performance despite stringent performance management criteria.
Oct. 2000-July 2001 Shareek Co. (Dallah Group) Jeddah, Saudi Arabia
* Designed and implemented the Finance Department strategy and plan.
* Presented the Finance Department financial reports, annual budgets and other analysis reports to management and to the president of the Group.
* Lead and monitored a team of accountants to handle all the accounting functions including the production of the annual financial statements.
* Formulated a new budget formats and devised new worksheets for this purpose.
* Coordinated with the external auditors to produce the financial statements on a timely basis.
* Provided the assistance needed to the internal auditors.
* Ensured effective controls are in place and being applied to enhance and monitor the sales collections.
* Revised existent departmental policies and procedures to ensure effective controls and leaner administrative structure.
* Overlooked the controls to ensure adequate controls exists in the organization.
Oct. 98-Oct. 2000 Ernst & Young Jeddah, Saudi Arabia
* Lead and executed comprehensive audits of financial statements of medium size and large businesses.
* Provided client's management with recommendations for improvements in systems and practices.
* Maintained close contacts with client personnel.
* Trained and supervised other team members.
* Successfully supervised and managed many jobs at the same time.
* Looked for opportnities to provide additional assistance to clients.
March 98-Oct. 98 Economic Development Canada (EDC), Montreal, Canada
* EDC is an agency of the Federal Government of Canada
* Audited effectively and on a timely basis applications received for financial assistance. I was amongst the top ranked in terms of efficiency and effectiveness in processing applications.
* Evaluated eligibility of applicants for financial assistance.
* Responded to diverse inquiries of applicants about the assistance program.
* Made visits to regions and to accounting firms to present the program and answer questions.
* Participated in setting up eligibility criteria.
January 97-March 98 Moore Stephens Hyde Houghton Montreal, Canada
* Planned and effectively performed comprehensive audits assignments.
* Performed review and compilation engagements.
* Planned and prepared corporate tax returns.
* Prepared cash flows, business plans and budgets.
* Trained and supervised other team members.
Jan. 95-Jan. 97 S.A.Husain & Co., CAs Montreal, Canada
(authorized by CA order to train students)
* Performed comprehensive auditing functions.
* Performed review and compilation engagements.
* Planned and prepared Corporate taxes.
* Planned and prepared personal taxes.
* Conducted feasibility and forecast studies.
* Provided clients with computer consulting services.
1991-1994 Concordia University Montreal, Quebec Graduate Diploma in Accountancy. * This is a Prerequisite for the Chartered Accountancy designation.
1984-1988 Lebanese American University Beirut, Lebanon Bachelor of science in Business administration * Did double major: Accounting and Economics. * Ranked first in class in the vast majority of the accounting courses.
1982-1984 International College Beirut, Lebanon French Section. Lebanese Baccaleaureate.