Doha: Qatar Islamic Bank (QIB) said on Saturday it has appointed Bassel Jamal as its chief executive officer.
“He will be responsible for all the companies and institutions affiliated to QIB inside Qatar and abroad,” the bank said in a statement.
Jamal, who will assume his duties in February 2013, was senior deputy group CEO in Bahrain’s Ahli United Bank Group in charge of corporate banking, financial institutions and treasury and investment among others.
QIB’s net profit in the fourth-quarter to December 31, 2012, more than halved due to provisions to 110 million riyals ($30.2 million), compared with the same period in 2011, according to Reuters data, missing an average forecast of 328.58 million.
