Muscat: alizz islamic bank has announced the promotion of its Chief Financial Officer, Saif bin Sulaiman Al Yarabi, to General Manager and Chief Operating Officer. Al Yarabi joined alizz islamic bank as Chief Financial Officer in August 2013. He was also the Acting CEO for an interim period from March to May-end, 2014.
Prior to alizz, Al Yarubi was Finance Director at Investment Corporation of Dubai, the investment arm of the Government of Dubai. He began his career in 1991 in the Finance Department of the Ministry of Defence — Oman and then moved to Dubai in 2000 to join Ernst and Young.
Al Yarabi's other remits have included a Board position and Chairman of the Audit Committee with Deyaar; Board member, Chairman of the Audit Committee and Member of the Remuneration Committee at National Bonds and Member of the Audit Committee with Dubai Aerospace. He is an accredited Fellow Certified Chartered Accountant (FCCA) from the Association of Certified Chartered Accountants (ACCA) in the UK and an Accounting Technician (MAAT) from the Association of Accounting Technicians (AAT), UK.
""Since joining alizz, Saif Al Yarubi has met every challenge with confidence and competence. The promotion of Saif is very well deserved and recognises the contribution made by him in steering the Bank as Acting CEO for the last few months and as CFO prior to that. I am very excited about this appointment and look forward to working with him even more closely," said Chief Executive Officer Salaam Said Al Shaksy.