Banking on Trust

Title: Chairman of the Board

Date of Birth: 19/06/1956

Date of Membership: 20/04/2010

Professional Experience:

Bassem Khalil Al-Salem was appointed Chairman of the Board of Directors for Capital Bank Group since April 2011, which encompasses Capital Bank, National Bank of Iraq, and Capital Investments. He is also one of the founders of Capital Bank. In this role, Al-Salem has redirected Capital Bank’s attention toward a 21st century public, with particular emphasis on delivering innovative commercial and investment banking services to the Jordanian and Iraqi markets.

Al-Salem previously served as the Jordanian Minister of Labor and Minister of Finance consecutively (2005 – 2009). He is commended for introducing socioeconomic policies that have contributed toward 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 Association of Banks in Jordan. He also currently sits on the board of several prominent private and publicly listed companies, including the General Mining Company and Royal Jordanian.

He has previously served as Chairman of King's Academy, Executive Chairman of the Social Security Corporation (2005 – 2009), Board Member at the Central Bank of Jordan, as well as a member of the Jordanian Senate (2010 – 2011).

He started his career in Jordan’s private sector, where he founded several manufacturing companies.

Al-Salem holds a bachelor’s degree (with honors) in chemical engineering from Imperial College, United Kingdom.

Date of Birth: 25/5/1957

Date of Membership: 14/06/2021

Professional Experience:

Said Samih Darwazah is the executive chairman of Hikma Pharmaceuticals, a leading multinational pharmaceutical group listed on the London Stock Exchange and part of the FTSE100 index, a post he has held since 2007.

Darwazah also serves as the chairman of the board of the Queen Rania Foundation, which works to improve national educational resources in Jordan as a means of furthering social development. He is the founder of the Health Care Accreditation Council, a non-profit organization that works to advance medical standards across the MENA region. Since 2016, Darwazah serves as the chairman of the board of Royal Jordanian, the country’s flagship airline.

Between 2003 and 2006, Darwazah held the post of Minister of Health in Jordan. He was also a board member in the Central Bank of Jordan from 2012 till 2021.

Darwazah has a bachelor’s degree in Industrial Engineering from Purdue University in the USA, and an MBA from INSEAD, France.

Date of Birth: 20/04/1957

Date of Membership: 31/08/2009

Professional Experience:

‘Mohamed Ali’ Khaldoun Al-Husry represents Hitaf Investment Company on the board of Capital Bank. Al-Husry is the founder of Capital Bank and served as its chairman and chief executive officer from its establishment in 1995 to 2007. During his tenure at the bank, he is recognized for pioneering the launch of investment banking activities in Jordan.

Al-Husry currently serves as non-executive director for Hikma Pharmaceuticals.

He is also sits on the board of the MicroFund for Women.

Al-Husry holds a bachelor’s degree in mechanical engineering from the University of Southern California / Los Angeles and an MBA from INSEAD Business School in France.

Date of Birth: 19/09/1981

Date of Membership: 31/08/2009

Professional Experience:

Shaden Ziyad Nabih ‘Darwish Al Hajji’ currently serves as the appointed representative for the Social Security Corporation on Capital Bank’s board of directors. She is currently the head of Private Equity Investments in the Equity Department at the Social Security Investment Fund (SSIF).

Al Haji has vast experience in the field of investments and financial analysis. She has held many important posts at the SSIF over the past years, where she worked as a financial analyst in the Public Equity Department and later as a senior financial analyst and, finally, the head of portfolio management of the Public Equity Department. She also delivers lectures on the CFA certification at accredited training centers in Jordan.

Al Haji received her bachelor’s degree in finance and banking from the University of Jordan and holds a chartered financial analyst (CFA) certificate from the CFA Institute in the United States, in addition to her board of directors certification from the Jordan Institute of Directors.

Al Haji is a member of the CFA Society Jordan.

Date of Birth: 28/12/1982

Date of Membership: 31/08/2009

Professional Experience:

Mr. Khalil Hatem Al-Salem represents Al-Khalil Investments Company on the Board of Directors of the Capital Bank of Jordan. He is currently the Executive Vice President of Al Majal Business Park (Iraq Logistics Ventures). In this role, Mr. Khalil is responsible for the business development and financial growth of Al Majal Business Park in Basra.

Prior to that, Mr. Khalil was the Director of the Office of His Royal Highness Prince Ali bin Al Hussein, where he supported the Prince's campaign to run for the position of Vice President of the International Football Association (FIFA) representing the continent of Asia. At the same time, he was the General Secretary of the Jordan Football Association, where he collaborated with the FIFA and the Asian Football Confederation to implement strict financial operating procedures to support the structure, strategy and operations of the Jordan Football Association. He currently represents the Secretary-General of the West Asian Football Association.

Mr. Khalil Al Salem started his career as a Financial Analyst at "JP Morgan" in New York, and then held the position of Business Development Manager at Al Mal Investment and Financial Brokerage Company. Mr. Khalil Al - Salem holds a bachelor’s degree in economics from Columbia University.

Date of Birth: 17/04/1967

Date of Membership: 31/08/2009

Professional Experience:

Omar Shahrour represents the Investment and Integrated Industries Company on the board of Capital Bank.

Shahrour has over 20 years of financial management experience. He previously worked as chief financial officer at Nuqul Group, where he was responsible for providing strategic financial leadership and implementing financial processes and controls, as well as financial planning, auditing and investor relations.

Shahrour holds a bachelor’s degree in accounting from the University of Jordan and a master’s degree in business administration from Wayne State University in Michigan.

Date of Birth: 03/03/1985

Date of Membership: 31/08/2009

Professional Experience:

Al-Jadara Company for Real Estate Investment is registered as a limited liability company with an authorized capital of JD 50,000. Sultan Al-Seif is the company’s representative on the board of Capital Bank.

Al-Seif serves on the board of several companies, namely Oman Medical Projects Company, Saudi Medicare Company, Allied Medical Group and United Medical Enterprises Group.

Al-Seif previously served as deputy director general and office manager to the chairman at Saudi Medicare in Riyadh, as well as a financial analyst at UME Investment and Morgan Stanley.

He is currently the general manager of ElSeif Corporation.

Al-Seif earned his bachelor’s degree in finance from Roger Williams University.

Date of Birth: 20/02/1972

Date of Membership: 24/05/2017

Professional Experience:

Prior to assuming his current role as a chief financial officer at Hikma Pharmaceuticals, Khalid Nabilsi held several senior finance positions at Hikma and was a key member in taking the company public in 2005. He also gained experience in mergers and acquisitions when working for the Atlas Investment Group – AB Invest. He has held a variety of roles in management, financial accounting, and consulting. Nabilsi also had managed several international audits at Arthur Andersen in Amman, Jordan, Currently (Ernst & Young).

Nabilsi holds an MBA from the University of Hull in the United Kingdom and a bachelor’s degree in economics and administrative sciences and is a certified public accountant. Nabilsi is a board member of Capital Bank.

Date of Birth: 16/08/1981

Date of Membership: 24/05/2017

Professional Experience:

Mohamad Hasan AlHaj Hasan is a partner and founder of two of the most innovative startups in the MENA region: Jawaker, a social online gaming company specializing in card games, and Akhtaboot, an online recruitment solutions provider.

He has also served as vice president of quantitative analysis at Rasmala Investments in Dubai, as well as a financial analyst at Dresdner Kleinwort Wasserstein, a global financial institution operating a boutique investment banking unit in the United States.

Hasan holds an MBA/master of arts in education from the Stanford Graduate School of Business and a bachelor’s degree in finance and microeconomics from the Massachusetts Institute of Technology.

Date of Birth: 13/11/1971

Date of Membership: 15/04/2021

Professional Experience:

H.E Abubaker Al Khoori, in addition to being a member of the Board of Directors of Capital Bank, is the Group CEO of Abu Dhabi Capital Group - United Arab Emirates since 2018 till present.

H.E Abubaker Al Khoori has 25 years of experience in the fields of finance, international investments and real estate. H.E Al Khoori holds the Chairmanship of a number of companies one of which is Iridium Services and Logistics Consulting.

H.E. Al Khoori was the Chairman of The National Investor Company, Khidma Company, Abu Dhabi Airports Company (ADAC) and Aldar Properties Company , where he also held the position of Vice Chairman of the Board of Directors of Al Waha Capital and Vice Chairman of the Board of Directors of Senaat and Emirates Steel.

His Excellency Abubaker Al Khoori also served as a member of the boards of many companies, most notably; Abu Dhabi Ports Company (ADPC), Shuaa Capital, Abu Dhabi Stock Exchange (ADX), Abu Dhabi Chamber of Commerce, Khalifa Fund for Enterprise Development, Abu Dhabi Retirement Pensions and Benefits Fund. H.E. Al Khoori was Managing Director and board member of Sorouh Real Estate Company, and Assistant Director of the Abu Dhabi Investment Authority "ADIA".

H.E. Al Khoori holds a BA Degree in Finance from Linfield College in McMinnville, Oregon, USA, and is a certified Chartered Financial Analyst (CFA) and a member of AIMR.

Date of Birth: 30/01/1970

Date of Membership: 15/04/2021

Professional Experience:

Youssef Ensour, currently a member of the Board of Directors of Capital Bank, has a long career in banking, during which he held many positions that enriched his banking experiences, most notably the position of the Regional Director (General Manager) of Bank Audi - Jordan Branches from 2006 until 2021.  He was also the Head of Corporate and Institutional Banking Department at Standard Chartered Bank from June 2004 to February 2006. He rose to various positions during his work at HSBC Bank Middle East from June 1997 to May 2004, he also worked at Amman Bank for Investments.

Ensour holds a bachelor’s degree in Business Administration from University of Jordan, and a master’s degree in Business Administration from Bowling Green State University in the United States of America.

Date of Birth: 04/04/1985

Date of Membership: 04/09/2022

Professional Experience:

Al Shathri represents The Safety-First Investment Company, which is fully owned by the Public Investment Fund (PIF), on the Board of Directors of Capital Bank..

Currently, Al Shathri serves as the Head of Private Equity Investments, Securities Investments Department, MENA investments Division at PIF. He also represents PIF on the boards of a number of companies that are publicly traded on The Saudi Stock Exchange “Tadawul”. He is the Vice Chairman of the board for the Qassim Cement Company and a member of the board and Committees of the Saudi Ceramic Company. He also serves as the Chairman of the board of DEPA PLC, which is listed on Nasdaq Dubai, and was nominated as PIF’s representative on the board of ADES International Holding.

Muteb Al Shathri holds a Master of Business Management (“MBA”) from Harvard Business School (“HBS”) in the United States of America and a B.S. in Industrial Engineering and Administrative Sciences from Northwestern University in the United States.

Date of Birth: 30/01/1981

Date of Membership: 04/09/2022

Professional Experience:

Lamya AlFozan is currently a Senior Director in the Saudi Public Investment Fund. AlFozan is a seasoned professional in Banking and Financial Markets with a Master’s degree from London Business School (LBS).

AlFozan serves as a member of a number of boards and board sub-committees most notably; the Saudi Industrial Development Fund Board Audit Committee, and an advisory board member at Princess Nourah bint Abdulrahman University. AlFozan has 17 Years of experience in the field of internal audit, risk management, compliance, financial crime prevention, project management, ESG practices, and corporate transformations, amongst others.

AlFozan has previously served as a Board Audit Committee Member in Riyad Capital, in addition to her role as Head of the Compliance in Riyad Bank from the period 2015 to 2019. Prior, AlFozan served in many roles in the same bank mainly in the Internal Audit Department, she also served as the Vice Chair of the Executive Level Ladies Enablement Committee in the Bank, she was also the designated Investment Committee Secretary.

Professional Experience:

Dawod Al Ghoul was appointed Chief Executive Officer at Capital Bank Group in March, 2020. Mr. Al Ghoul brings with him over 28 years of extensive experience in financial and strategic planning, investments and financial restructuring within reputable regional and global investment and financial institutions; such as Abu Dhabi Capital Group, Amanat Holding, and Arab Bank Group – where he worked in various senior roles since 2003, including serving as Group CFO from 2012 to 2016.

Mr. Al Ghoul sat on the board of directors at Capital Bank Group: he was deputy Chairman and Head of the Audit and Risk Management Committees, and member of the Credit Committee at the National Bank of Iraq. He was also member of the board and Head of the Audit Committee, as well as a member in the Strategy and Remuneration Committees in Capital Bank.

In addition, Mr. Al Ghoul sat on the boards of numerous regional financial institutions in Jordan, Tunisia and Libya. He was a board member in the Arab Tunisian Bank, board member and member of the Strategy and Audit Committees in the International Islamic Arab Bank, as well as board member and member of the Strategy, Audit and Remuneration Committees at Wahda Bank.

Mr. Al Ghoul is a US-Certified Public Accountant (CPA) and earned his MSc in Accounting and Finance from the University of Colorado, as well as a BSc in Accounting from the University of Jordan.

Professional Experience:

Nadim Abawat is Group Deputy CEO - International in charge of Capital Bank international investments (in Iraq, KSA and DIFC), wealth management, business development and leasing activities.

Prior to his current position, Abawat held the position of General Manager of Société́ Générale de Banque- Jordanie (SGBJ) for 11 years from 2011 until 2022. He started his career at Société́ Générale de Banque au Liban (SGBL) Group in 1993, where he held a number of senior management positions in Risk, Retail, Specialized Financing, Business Development, Corporate and Investment Banking. He also served as the chairman of SGBJ Leasing Company and Société́ Générale – Jordan Brokerage Company.

He is the president of the French Foreign Trade Advisors in Jordan, a board member of the Young Presidents’ Organization, vice president of Injaz, a board member of the French Jordanian Chamber of Commerce, the Beirut Film Festival and the Jordanian Lebanese Association. He is also regularly involved in juries for the selection of startups and micro businesses.

Abawat holds a Master’s degree in Economic Sciences from Université Saint Joseph in Lebanon as well as a Master’s degree in finance from École Supérieure de Commerce de Paris.

Izzidin Abusalameh is Capital Bank Group Chief Operating Officer. Abusalameh brings with him a wealth of experience in the financial sector. Previously, Abusalameh was the Chief Operating Officer at United Arab Bank in the United Arab Emirates, from June 2016 to July 2019.

Prior to joining the United Arab Bank, he was the General Manager of the Shared Services Center of Arab Bank PLC in Dubai, which provides Operations and Information Technology services to the bank’s branches in the Gulf Cooperation Council countries and Yemen besides his membership in the bank’s Global Information Technology Committee.

During the period from 2003 till 2013, Abusalameh served in Palestine with Cairo Amman Bank before he moved to the bank Head Quarter in Amman in 2009.

He began his banking career with ANZ Bank in 1995 where he held a number of positions including Country Operations Manager of the bank’s branches in Palestine, a post he continued to assume after the acquisition of ANZ Bank’s business by Standard Chartered in 2001 up to the end of 2002.

Abusalameh holds a Bachelor’s degree with distinction in English, which he obtained in 1994 from Yarmouk University in 1994, as well as an MBA with Honors from Birzeit University in 2005.

Samer Al-Aloul was named as Group Chief Banking Officer at Capital Bank Group in March 2021, bringing with him more than two decades of diverse banking experience.

In his new post, Al-Aloul will oversee several key departments, including credit compliance, risk and remedial, to integrate them within the broad strategy of the group covering Capital Bank, the National Bank of Iraq and Capital Investments.

He will oversee the management and identification of different key risk factors that may face the group and laying down the appropriate strategy and controls to mitigate them.

Al-Aloul is a very active member on most of the bank's vital committees, including the management, credit, compliance, and risk committees, in addition to the assets & liabilities, investments, settlements, insurance, real estate and products committees, and a member of the board of directors at Société Générale Bank Jordan.

He also played a pivotal role in the group's successful acquisition of Bank Audi's branches and operations in Jordan and Iraq, as well as the successful acquisition of Société Générale Bank in Jordan. He is a key member of the strategic team that will cement the group's 5-year strategy of becoming a major player in the Jordanian banking industry, with a strong regional reach.

Al- Aloul has held various senior management positions in international and regional banks including Citibank, Standard Chartered Bank, and was the Deputy Regional Director for Bank Audi.

Al-Aloul received his Bachelor of Arts degree in Economics in 1998 from the University of Michigan in the United States of America.

Professional Experience:

Yasser Kleib brings with him over 20 years of commercial and corporate development experience. He joined Capital Bank in 2004, when he began working at the Department of Banking and Credit Facilities. Prior to that, Kleib worked for eight years at Arab Bank.

Kleib earned his bachelor’s degree in business administration from Al-Yarmouk University. He holds the Certified Lender Business Banker (CLBB) certification from the American Bankers Association.

Professional Experience:

Mohammad Ragheb Othman is the head of consumer banking for Capital Bank, a leading Jordanian financial institution. In his role, he is responsible for defining, developing and implementing the bank’s strategic business and retail plans, as well as analyzing consumer data and formulating effective products. Prior to joining Capital Bank, Othman worked at Bank al Etihad for seven years, serving as both chief retail banking officer and head of retail product development and direct sales. Before that, he served as Rajhi Bank’s head of assets for the retail section for three years, as well as EastNets senior product development manager in the Compliance Department. Othman also held two positions at Jordan Ahli Bank, head of retail product development and management and appraisal and pricing systems manager. He began his career at the Arab Bank, where he served as a credit and collection officer as well as a card development and profitability officer.

Othman holds a Bachelor of Arts degree in Accounting from the Hashemite University, as well as a Masters in Management Information Systems from the Arab Academy for Banking and Financial Services.

Professional Experience:

Rami Al Khuffash is the Chief Investments and Treasury Officer for Capital Bank Group, where he heads the group’s asset portfolio, develops funding strategies and plans, recommends investments and assigned assets to the board of directors.

Al Khuffash brings with him a wealth of experience in management, banking operations, corporate finance, treasury, risk management and recovery.

Prior to this post, he spent over two decades at Société Générale de Banque-Jordanie in positions spanning relationship manager and assistant head of the Corporate and Investment Banking Department, head of the Strategy and Marketing Department, head of the Risk Management Department, head of the Corporate and Treasury Department, assistant general manager and deputy general manager. Al Khuffash began his career at ANZ Grindlays Bank, which was ultimately acquired by Standard Chartered Bank.

Al Khuffash received his bachelor’s degree in Business Administration from the University of Jordan. 

Professional Experience:

Linda Tarazi is a passionate transformation executive with extensive experience in financial services across banks in the Middle East and the United Kingdom. In addition to her leadership role at Capital Bank she sits on the Board of the Directors of a prominent regional bank. Tarazi currently serves as Capital Bank Group’s Chief Transformation Officer – (DIFC), a role she took on in July 2022 to support the groups future growth aspirations.

Prior to joining the executive team at Capital Bank, she was an Executive Vice President of Wholesale Digital at Mashreq Bank in the UAE where she most recently led the bank’s digital transformation of the corporate and international banking segments in establishing a world class innovation studio modernizing coverage models and raising frontline productivity. Her tenure at Mashreq spanned fifteen years wherein she held several successful business transformation roles ranging from establishing the first build operate and transfer outsourcing practice in the region, leading operational transformations leveraging lean principals and digital capabilities as well as driving strategic commercial transformation priorities. Tarazi joined Citigroup UK at the start of her career as a management associate in the Global Transaction Banking space and later moved on to become an internal consultant advisor to this business.

Tarazi holds a Master of Engineering (MEng) in Mechanical Engineering from Imperial College London.

Professional Experience:

Manar Al Nsour was appointed as Chief Financial Officer at Capital Bank in July 2016. In her role as CFO, Al Nsour is responsible for leading all strategic financial operations and supervising all aspects of the bank’s financial management, including financial reporting, financial planning and analysis and financial controls.

Al Nsour has more than 20 years of extensive experience in financial management and has held numerous management positions at Capital Bank, most recently as head of the Financial Control Department until mid-2016. She holds a bachelor’s degree in accounting from the University of Jordan.

Professional Experience:

Rafat Khalil is the Chief Audit Executive for Capital Bank Group, where he is responsible for managing the bank’s internal audit function to ensure efficiency and compliance with international internal audit standards.

Khalil has extensive experience spanning more than 30 years in the banking sector and a proven track record at Capital Bank and its subsidiaries, where he previously served as the chief internal audit executive and chief support officer at Capital Bank and chief control officer at the National Bank of Iraq. Before that, Khalil worked with Oman Arab Bank as chief audit executive and with the Central Bank of Jordan as both internal auditor and the head of the Internal Organization Department.

Khalil graduated with honors from Yarmouk University with a bachelor’s degree in accounting. He holds a certificate as a certified bank auditor (CBA) from the Banking Business Institute in Chicago, and a certified internal control auditor (CICA) and he is also a member of the Institute of Internal Auditors in Chicago and the World Union of Arab Bankers. He frequently attends specialized training workshops in auditing, risk management and corporate governance

Professional Experience:

Mohammed Mu’Az was appointed as the Head of the Legal Department and in-house legal counsel at Capital Bank in March 2003.

In this capacity, he is responsible for the legal operations and legislative affairs of the bank, including corporate governance, regulatory aspects, litigation, execution, consultation and documentation.

Mu’Az joined Capital Bank family from Arab Bank, where he worked in the International Division of its Legal Department for two years. Prior to that, he practiced law at Dajani & Associates Law Firm for five years.

He has been the member of Jordanian Bar Association since 1997.

Mu’Az earned his bachelor’s degree in law from the University of Jordan. He also holds a postgraduate diploma in international law and a Master of Laws in commercial law from Staffordshire University, United Kingdom.

Haya Abuata joined Capital Bank in December 2011. Currently leading the Human Resources division, a post she has held since March 2020. In this strategic role, she oversees all aspects of Human Resource management by developing and delivering world class talent solutions that drive business and people transformation and success.

Focused on growing a positive human capital ROI. Abuata creates and executes forward-thinking strategies that integrate fully with business objectives while meeting the complex challenges of the talent market. Anticipating human capital needs, building environments of employee engagement, talent and career development that position Capital Group, and its people, for long term growth and competitiveness.

She has 10 years of well-rounded experience in the field of Human Resources, reinforced by HR globally accredited certifications, Senior Professional in Human Resources – international [SPHRi] where it validates senior level HR competency and mastery of generally accepted HR principles in strategy, policy development and service delivery as well as the Human Resource Business Partner certification [HRBP].

Abuata holds a BA degree in Human Resources management, Industrial Relations, and a BA degree in Communication Culture and Information Technology (CCIT), as well as a minor in sociology from the University of Toronto, Canada.

Since 2021, Touleen Barto has served as Capital Bank’s Chief Marketing and Corporate Communications Officer, a role that sees her leading and overseeing the development and implementation of the bank’s marketing and communications strategy.  

Throughout her career which spanned over 22 years, Barto has held positions at leading banking institutions and telecommunications companies in Jordan. For eight years, beginning in 2012, she was the brand and communications director for Orange Jo, where she managed the creative, media, direct marketing, social media, digital, brand and sponsorship divisions and through her work, was able to successfully alter the brand’s perception. Prior to that, between 2010 and 2012, Barto was the head of the marketing, corporate communications and corporate sustainability divisions at HSBC Jordan. She began her career at Fastlink, which later became Zain Jordan, where she held a number of posts that culminated in her being named brand and communications manager for eight years. Also during her tenure, she successfully established the company’s first youth division, which has become recognized for launching initiatives are being used as best practices across Zain Group.

Barto received her Bachelor’s degree in Business Administration from the University of Jordan, and a Master’s in Advertising and Marketing from the University of Leeds Business School in the United Kingdom, and regularly takes part in conferences, workshops and seminars related to her field, both locally and internationally.

Munis Haddadin is CBoJ Group Chief Compliance Officer with responsibilities for regulatory compliance and fighting financial crimes.  

Experienced and inclusive executive leader, strategic thinker, and passionate financial crimes expert with extensive local & international experience in risk and compliance industry.

Worked extensively as a trusted advisor, and change champion with numerous industry bodies and regulators agencies.

As a leader, successfully created, optimized and led large corporate teams and readily embraces digital change and new technologies.

Munis holds a Masters of Business Administration degree from Lancaster University in England.