business bites Bahrainthismonth.com November 2023 45 MUMTALAKAT ANNOUNCES NEW ALBA CHAIRMAN BAHRAIN FINTECH BAY APPOINTS NEW BOARD OF DIRECTORS Bahrain Mumtalakat Holding Company (Mumtalakat) announced the appointment of Khalid Al Rumaihi as Chairman of Aluminium Bahrain (Alba), a Mumtalakat local portfolio company. Presently, Mr. Al Rumaihi is the Executive Chairman of Amriya Group. Before his current role, he held the position of Chief Executive Officer at Mumtalakat, from September 2019 to April 2023. He also served as the Chief Executive of the Bahrain Economic Development Board (EDB) for five years. Prior to his tenure at the EDB, Al Rumaihi held the position of Managing Director at Investcorp and was a member of the Management Committee and Head of the Institutional Placement Team covering Investcorp’s clients in the Arabian Gulf. This was preceded by a nine-year term at JP Morgan as head of its private client group in the Gulf region. Mr. Al Rumaihi holds a Master’s degree in Public Policy specialising in Economic Development from Harvard University and a Bachelor of Science degree in Foreign Service from Georgetown University. Bahrain International Airport has announced that it will officially host the 29th edition of Routes World in the Kingdom of Bahrain from October 6 to October 8. The conference was handed over to Chairman of Gulf Air Group Holding (GFG), HE Zayed R. Alzayani, by Istanbul Airport CEO, Selahattin Bilgen, during a handover ceremony held at the 28th conference in Istanbul, Turkey – with an attendance of more than 3,000 aviation professionals from around the world. The announcement comes as part of Gulf Air Group Holding’s participation in the 28th edition of Routes World that took place in Istanbul from October 15 to October 17. GFG was in attendance alongside a special Bahrain delegation including Gulf Air, the national carrier of Bahrain, Bahrain Airport Company (BAC), the operator and managing body of Bahrain International Airport (BIA), Bahrain Airport Services (BAS), Bahrain Economic Development Board, Bahrain Tourism and Exhibitions Authority, and Exhibition World Bahrain. As the most significant global event for the aviation sector, Routes World is expected to facilitate discussions on strategies that will Bahrain FinTech Bay (BFB) announced its newly appointed Board of Directors with Chief Executive at BENEFIT, Abdulwahed AlJanahi, as Chairman of the Board. On the heels of BFB’s acquisition by BENEFIT in a landmark partnership agreement in September 2023, the strategic leadership transition brings together experienced industry veterans and signifies the steadfast commitment of both entities to contribute to the advancement of Bahrain’s fintech landscape. The following members have been appointed on the newly constituted board of BFB, Yousif Al Nefaie – Deputy Chief Execute of BENEFIT and Vice Chairman of BFB Board, Nezar Maroof – Assistant General Manager of Marketing & Communication in BENEFIT, Hessa Husain – Assistant General Manager of Bahrain Credit Reference Bureau, Layla Al Qassab – Chief Financial Officer of BENEFIT, Rashad Faraj – Executive Director of Special Projects at Bahrain Economic Development Board and Dalal Buhejji – Executive Director of Business Development (Financial Services) of Bahrain Economic Development Board. Designed to leverage BFB’s extensive network of fintech players and comprehensive suite of services - which includes acceleration programmes, corporate innovation advisory, talent development, and educational programs - the partnership aims to boost BENEFIT’s regional growth strategies and research and development activities on global level. BAHRAIN TO HOST THE GLOBAL ROUTE DEVELOPMENT FORUM shape the future of aviation services worldwide. The conference has consistently resulted in positive outcomes, enhancing global connectivity networks, and strengthening connections between more than half of new aviation companies through networking and meetings.
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