Leading Qatari financial institution Ahlibank has announced the appointment of Hassan Ahmed AlEfrangi as its new chief executive officer.
Prior to joining Ahlibank, AlEfrangi was the group CEO of Qatar General Insurance Company.
He holds a bachelor’s degree in finance and banking and has more than 20 years of experience in banking.
AlEfrangi started his career with Ahlibank and worked in various departments where he played a prominent role in the growth of the bank.
He is an expert in business development and has a strong and strategic mindset that is key to achieving the vision of the bank, in addition to his rich experience in retail banking and risk management.
AlEfrangi held many senior positions during his years at the bank, the last being Ahlibank’s deputy CEO (Retail and Private Banking).
Ahlibank chairman and managing director Sheikh Faisal bin AbdulAziz bin Jassem al-Thani said, “On behalf of the board of directors, I am delighted to announce Hassan Ahmed AlEfrangi as the bank’s new CEO. Hassan is the right person to lead Ahlibank today, as he has an extensive experience after having held many executive positions in the financial sector. The appointment of Hassan AlEfrangi goes in line with the bank’s strategy to rely on competent Qatari leaders with distinguished qualifications and rich experience to lead the bank during its next phase of growth and development.
“Ahlibank is investing in new technology and digital capabilities to enhance customer experience in a fast changing consumer environment and Hassan is well positioned to lead the bank through this ambitious digital transformation. On behalf of the board of directors, I would like to thank Mahmoud Malkawi for his contribution and achievements through his tenure as acting CEO.”
AlEfrangi said, “I am honoured to be entrusted by the board of directors to become chief executive officer of Ahlibank. I am delighted to have accepted this new role and to join again the Ahlibank family and I look forward to the challenges ahead and to effectively execute the bank’s strategy for sustainable growth and continue building on strong and solid foundations to provide our customers with the most personal banking experience.”
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