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Futurebank welcomes new Chief Executive Officer

Bahrain: Sunday, October 31 - 2010 @ 15:07

He has previously served as a Director of Futurebank from its inception up to end of September 2006. Since then he has continued to serve as a Non-Executive Board member for Futurebank.

Speaking on the occasion, a delighted Mr. Souri said, “This is a wonderful opportunity for me to re-experience Futurebank. With the long strides Futurebank has taken in the years since my post here, I look forward to understanding its new culture, ethos, dynamics as I strive towards taking it forward. Though my relationship with Futurebank has been for many years i.e. from July 2004 up to end of September 2006 as a Deputy CEO & then from September 2006 to September 2010 as a non Executive Board Member, the challenges and opportunities of my new role excites me immensely.”

“Futurebank has enjoyed phenomenal growth under the very able leadership of Dr. Seif, my predecessor, and I hope to continue in his footsteps by continuing to provide a personalized form of banking to our core-base of clients, I hope to strengthen Futurebank’s already stalwart presence within the Bahraini banking and finance industry,” he added.

Futurebank which has had a steady growth, reporting a net profit of BD5.17m for the first half-year of 2010 and a profit of BD2.53m for the quarter ended 30 June 2010, hopes to attain new standards of growth under the able guidance of its new CEO, Mr. Souri.

Welcoming Mr. Souri on board Dr. Hamid Borhani, Chairman, Futurebank said,” I am very pleased to welcome my good friend and longtime colleague, Mr. Souri, on board and wish him monumental success in this latest venture. Although Dr. Seif will be dearly missed in his post, he will continue to service Futurebank as a Board member for the upcoming years. Having recruited the right man for the top job, I am confident that Mr. Souri’s multi-GCC experience makes him the right person to take Futurebank into the new future.”

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Sunday, October 31- 2010 @ 15:07 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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