IslamicFinance.de

Abu Dhabi-headquartered Shariah-compliant lender Al Hilal Bank has announced resignation of Mohamed Jamil Berro as the CEO, a position he has held since the bank’s establishment in 2008. Berro explained that his resignation is due to personal reasons. The bank’s Board of Directors further revealed that Sarie Asaad Arar will be appointed as Acting Group CEO, who currently holds the position of Chief Business Officer at Al Hilal Bank, and possess over 25 years of banking experience in the UAE.