Bassem Al-Salem has been Chairman of the Board of Directors since April 2010. In this role, Al-Salem has re-directed Capital Bank’s attention towards a 21st century public, with particular emphasis on delivering innovative commercial and investment banking services to the Jordanian and Iraqi markets.
Al-Salem has previously served as the Jordanian Minister of Labor and Minister of Finance consecutively (2005 – 2009). He is commended for introducing socio-economic policies that have contributed towards the creation of jobs in both the public and private sectors, as well as attracting businesses and investments to Jordan, while helping homegrown businesses flourish.
In addition to his duties as Chairman of the Capital Bank, Al-Salem is the Chairman of King’s Academy, a Jordanian-based boarding and day school focused on fostering social inclusion through delivering advanced international arts and science programs, and offering need-based grants to families unable to cover the tuition.
Al-Salem currently sits on the board of several prominent private and publicly listed companies, including General Mining Company and Delta Insurance.
He has previously served as the chairman of the Association of Banks in Jordan (2012-2015), executive chairman of the Social Security Corporation (2005-2009), as well as a member of the Jordanian Senate (2010-2011).
He started his career in Jordan’s private sector where he founded a number of manufacturing companies.
Al-Salem holds a bachelor’s degree (with honors) in Chemical Engineering from Imperial College, United Kingdom.