Ibdar bank appoints new Chief Investment Officer Ahmed al-Rayes

Bahrain-based Ibdar Bank has appointed Mr. Ahmed Al-Rayes as Chief Investment Officer (CIO) of the Bank. Effective 9 June 2015, Mr. Al-Rayes is responsible for leading the investment and wealth management teams and for establishing and implementing investment strategies to expand the Bank's investments horizon. This includes both broadening Ibdar's client base, strengthening existing relationships with key clients and partners and building relationships with international institutions globally. Mr. Al-Rayes holds a Bachelor of Science degree in Mechanical Engineering from the University of Bahrain and an MBA from the University of Strathclyde in Glasgow, Scotland. He has also completed a number of executive and Islamic training programmes in the region and internationally.