Mr Al-Hazeem will be reporting to Andrew Bainbridge who becomes the group CEO and takes on the responsibility of overseeing the banks expansion plans as well as its international operations.

Mr Al-Hazeem was the managing director of Arthur Andersen – Bahrain for 22 years before being appointed as CEO of the economic development board in 2000. In his next role, he worked in Kuwait with The International Investor and returned back to Bahrain in 2007 to take on the role of CEO for First Investment Bank. He currently serves as a board member at Nass, Al-Masaleh Real Estate, Taameer Real Estate Investment and Bank of Bahrain and Kuwait.

Sheikh AbdulMalik bin Abdullah Al Khalili, chairman of BMI, said: “On behalf of the board directors we take this opportunity to congratulate both Mr Al-Hazeem and Mr Bainbridge on their new appointments and wish them success. BMI is a dynamic bank having grown from strength to strength since its inception in 2005 and we are confident that Mr Al-Hazeem will be able to lead us towards even greater achievements.”