CEO Today - Middle East Awards 2024

CEO of Masraf Al Rayan Al Khalifa Fahad CEO Today Middle East Awards 2024 - QATAR - - 60 - About Masraf Al Rayan Masraf Al Rayan (QPSC) (“Bank”) was incorporated as a Qatari Shareholding Company under the Qatar Commercial Company Law, on 4th January 2006, and licensed by Qatar Central Bank. As per its Articles of Association; Masraf Al Rayan is engaged in banking, financing and investing activities in conformity with the principles of Islamic Sharia Laws. Headquartered in Doha, with a fully paid-up capital of QAR 9.3 bn (USD 2.6 bn), Masraf Al Rayan started operations in October 2006. Masraf Al Rayan is structured into three main business divisions: Retail Banking offers a variety of products and services such as current and saving accounts, time deposit accounts, financing, credit cards; Wholesale Banking offers products and services such as corporate finance & advisory services, financing products, cash management, treasury, trade finance and products and services designed to meet the needs of small and medium enterprises, and Private Banking which offers tailored solutions in the areas of investment planning & asset management, wealth management, credit planning and management. Masraf Al Rayan has long embraced a strategy to match up new products and services adopting international best practices relying fully on modern technologies, such as Al Rayan online banking, Al Rayan mobile and Al Rayan phone. In addition to providing customers with the experience and convenience through the provision of full banking services, through its 17 branches (including Head Office) backed by a network of 101 ATMs distributed throughout Qatar, all enhanced in harmony with business needs and demographic expansion. About Fahad Fahad Al Khalifa is a seasoned banking professional with over 25 years of experience in leadership roles in financial services. He was appointed to the role of Group Chief Executive Officer (GCEO) of Masraf Al Rayan in 2021. Before joining Masraf Al Rayan, he was the GCEO of Al Khalij Commercial Bank since 2014, and successfully oversaw the merger of both institutions to result in one of the largest Shari’ah compliant banks with an international presence in the UK, France and the UAE. Throughout his career, he has held prominent positions in Qatar’s leading financial institutions to include Qatar Central Bank and Qatar National Bank (QNB). Number of shares held in Masraf Al Rayan directly or indirectly (through own companies or family members) as of 31-Dec-2022: 56,060 shares.

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