Back Row from left to right: Ms. Mona Mansour - GM Customer Service Delivery, Mr. Vikram Issar – GM Consumer Banking, Mr. Ahmed AlDuwaisan – GM Corporate Banking Group, Mr. Sami Mahfouz – GM Treasury, Mr. Hussam Mustafa – GM Chief Internal Auditor, Mr. Raghunandan S Menon – GM Chief Risk Officer
Front Row from left to right: Mr. Nabil Abdel-Malek – GM Legal Affairs and General Counsel, Mr. Kevin Smith – GM Chief Financial Officer, Mrs. Salma AlHajjaj – GM Human Resources, Mr. Antoine Daher – Chief Executive Officer, Mr. Waleed AlHasawi – Chief Information Officer & GM Information Technology
Executive Management Responsibility Statement
Gulf Bank’s Executive Management is responsible for ensuring the Bank’s activities are in line with its corporate strategy, risk appetite and policies approved by the Board of Directors. The Executive Management team is appointed by the Board of Directors to carry out their respective roles in running the operations of the Bank.
The Bank ensures that all members of the Executive Management have suitable academic credentials, professional qualifications and relevant experience.
Executive Management is responsible for contributing to sound corporate governance of the Bank and provided with ongoing training to ensure they remain up-to-date with the best practices in the banking and finance industry.
Executive Management also ensures that the Bank’s Audit Compliance and Risk functions have adequate autonomy and that separation of tasks is practiced without causing any conflicts. The Board relies on the expertise of Executive Management in implementing of the Board’s resolutions.
Executive Management ensures staff receive adequate direction to fulfill their role in carrying out the day- to-day activities of the Bank in a safe and prudent manner. This includes ensuring suitable policies and procedures are in place and are communicated to all relevant staff. Executive Management has established, as part of the Bank’s governance practices, a rigorous management framework to ensure that regulatory compliance and risk management form an embedded part of the assessment of the Bank’s decision making process.