Following the directives of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, the Board of Directors of Bahrain Mumtalakat Holding Company (Mumtalakat) chaired by HE Shaikh Salman bin Khalifa Al Khalifa, the Minister of Finance and National Economy and Chairman of the Board of Directors of Mumtalakat, welcomed Shaikh Abdulla bin Khalifa Al Khalifa as the new Chief Executive Officer of Mumtalakat effective 1st May, 2023.
Shaikh Abdulla bin Khalifa Al Khalifa expressed his gratitude and appreciation of the trust given from the Kingdom’s leadership and Mumtalakat's Board of Directors, adding, "I look forward to working closely with the executive management, the wider Mumtalakat team and portfolio companies to enhance our contribution to the economy of the Kingdom as part of Team Bahrain."
Prior to joining Mumtalakat, Shaikh Abdulla bin Khalifa Al Khalifa served as Chief Executive Officer of Osool Asset Management, the investment arm of the Social Insurance Organisation, which manages around USD12 billion across different asset classes globally.
Shaikh Abdulla also serves as the Chairman of the Bahrain Telecommunications Company (BEYON) Board of Directors as a representative of Mumtalakat since 2018. In addition, he serves on the boards of the Supreme Council of Youth and Sports and Hope Fund.
Shaikh Abdulla has previously served as the Chairman of the Board of SICO Investment Bank, Vice Chairman of The Bank of Bahrain and Kuwait (BBK), and on the Boards of both financial and non-financial institutions.
Shaikh Abdulla holds a Bachelor of Science degree in Business Administration from George Washington University, USA, and has more than 22 years of experience in the Banking and Financial Services industry.
Source: Bahrain News Agency