Islamic Corporation gets new CEO

ICD

The Board of Directors of the Islamic Corporation for the Development of the Private Sector (ICD) in its 91st Meeting held in September approved the appointment of Mr Ayman Amin Sejiny, as General Manager/Chief Executive Officer of the corporation.

This is contained in a statement issued by the board of the corporation issued in Jeddah, Saudi Arabia on Thursday.

President of the IsDC, Dr Bandar Hajjar, who is also the Chairman of ICD Board of Directors said that after a rigorous search, the board concluded that Ayman’s considerable experience in the banking sector, along with his strong track record of success as a CEO, made him the outstanding candidate for the role.

“Ayman has demonstrated throughout his career the ability to work successfully in different environments, designing and leading strategies which resulted in impressive value creation.

“I look forward to working with him to create the next chapter of ICD’s story of success,” Hajjar said.

Sejiny, the incoming CEO, remarked that he had always admired ICD from the outside for many years, expressing delight to have been chosen to lead the corporation in the next exciting phase of its journey.

“I greatly look forward to meeting employees, leaders, customers and other stakeholders after I join in October and to working with them to achieve further success in the years to come,” he said.

Sejiny is a highly accomplished financial industry leader, who had served as Chief Executive Officer of Ibdar Bank BSC, Bank Alkhair, Barclays Capital Saudi Arabia and as the Chairman of Open-Silicon, Inc and Bahrain Financing Company Group as well as a Board member of Unicorn Bahrain.

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He has in-depth knowledge and more than 24 years’ experience in investment and corporate banking in the local, regional and international markets.

He held a senior role in a number of regional and international financial institutions, including Citi Bank and ABN AMRO affiliate in Saudi Arabia (Saudi American Bank “SAMBA” and Saudi Hollandi Bank).

Sejiny is Board and C-Level performer with vast experience in innovating financial processes and products and establishing boards, management and institutions in highly regulated and sophisticated jurisdictions and industry sectors.

The new CEO holds a BA in Finance from Eastern Michigan University, United States.

A member of the Islamic Development Bank (IsDB) Group, the ICD supports economic development and promotes the development of the private sector in its member countries by providing Shariah-compliant finance facilities and/or investments.

It also provides advice to governments and private organizations to encourage the establishment, expansion and modernization of private enterprises.

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