Ithmaar Bank, a Bahrain-based Islamic retail bank, has appointed Nada Kazerooni as head of financial institutions and treasury, the lender said in a statement.
Kazerooni will report to Mohammed Ali Safar, Ithmaar Bank’s assistant general manager for the business group, according to the statement. The appointment was also reported by the Gulf Daily News.
In the role, she will be responsible for strengthening the bank’s liquidity and funding capabilities, broadening its funding sources, expanding relationships with other financial institutions and supporting treasury and balance sheet management, the bank said.
Kazerooni has more than 25 years of experience in banking and financial markets, covering Islamic banking, treasury, capital markets, liquidity and funding management, foreign exchange, sukuk and fixed income investments.
Before joining Ithmaar Bank, she was director of capital markets and treasury at Ibdar Capital and previously headed treasury at Capivest and at Global Banking Corporation.
Ithmaar Bank is licensed and regulated by the Central Bank of Bahrain and is a wholly owned subsidiary of Ithmaar Holding, which is listed on the Bahrain Bourse and the Dubai Financial Market. It also operates in Pakistan through its subsidiary Faysal Bank.
