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alizz islamic bank appoints key senior executives.

The appointment includes the acting CEO, Jamal Darwiche, Chief Financial Officer, Saif Al Yarabi and Head of Audit, Pete Byrne.

In July 2012, Darwiche joined the Bank as the Chief Operating Officer prior to being appointed as acting CEO, according to a bourse filing. He oversees the strategic direction of the bank which has a total paid up capital of OMR 100 million, 40 per cent of which was raised by public investors during the initial IPO and 60 per cent was contributed by the bank's promoters who represent diverse yet complimentary backgrounds.

Al Yarubi joined alizz islamic bank recently with more than 20 years of experience in a number of different leadership positions. He began his career in 1991 within the financial department of the Ministry of Defence, before moving, in 1999 to Ernst & Young in Dubai. He joins alizz islamic bank from the Investment Corporation of Dubai where he served as Finance Director since 2008.

Pete Byrne joined the Bank as Head of Internal Audit, having previously worked as Head of Audit for Bank Sohar since 2008. He has extensive banking experience having worked in financial services for the past 23 years in the UK and Western Europe as well as Oman.

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Publication:CPI Financial
Date:Sep 17, 2013
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