BBK makes new management appointments

The Bank of Bahrain and Kuwait (BBK) made additional appointments to its executive management team in line with its new organisational structure. With the new appointments, the bank aims at optimising performance and increasing efficiency to ensure continued strength and maintain its pioneering position locally and regionally. The bank appointed Amit Kumar as Chief Risk Officer and Head of the Credit and Risk Management Division. The appointment takes effect from June 1, 2013. Amit joined BBK in 1994, and has built extensive skills in international banking and risk and compliance. He has 30 years of banking experience. On the operation side, Rashad Akbari was appointed Assistant General Manager – Operations. The posting is effective June 23, 2013, succeeding Mahmood A Aziz Al Meer, who retired on February 28. Rashad has over 26 years of banking experience -- of which 13 years has been with BBK. Prior to this appointment, Rashad was heading the transactional banking division, which as per the new structure, has merged with other divisions in the bank. BBK, in an effort to strengthen its international presence, appointed C K Jaidev as Assistant General Manager - Overseas Banking from September 1, 2013. The division will be responsible for BBK NRI business as well as all overseas branches. C K Jaidev has been with the bank for over 16 years and gained an extensive experience in offshore banking. BBK Chief Executive Officer, A Karim Bucheery, said : "BBK is always keen to invest in change that will ultimately benefit all stakeholders of the Bank, and reinforce its vision and set strategies." The bank, he said, will continue to capitalise on the internal competencies and leadership skills. BBK has been the pioneer in commercial banking for 40 years in the Kingdom of Bahrain. As a revolutionary market leader, the bank has built a reputation locally as well as internationally. To maintain this reputation, the bank has incorporated the latest technologies to provide the finest services, including the e-banking solutions, which provide new generation services through its user friendly award winning website www.bbkonline.com.