BisB Appoints Salman Sayyar as Chief Internal Audit Officer

14-May-2023

Bahrain Islamic Bank (BisB), the leading provider of Islamic digital banking services in the Kingdom of Bahrain, announced the appointment of Mr. Salman Mahmood Sayyar as the Bank's Chief Internal Audit Officer. This comes as part of the Bank's efforts to create an exceptionally capable management team from promising local talent to support the achievement of its corporate strategies and objectives.

Commenting on the appointment, Mr. Yaser Alsharifi, Chief Executive Officer of BisB, said: "We are pleased that Mr. Salman Sayyar has joined our executive management team in the Bank, and we look forward to a more productive and efficient phase in the internal audit front within the Bank, wishing him every success in his new position. This appointment comes as part of our belief in the significance of investing in the energies of our national youth and supporting their ascendance to leadership positions, ultimately leading to the Bank's advancement, growth, and expansion while achieving its strategic and institutional targets."

On his end, Mr. Salman said: "I am pleased to be part of a distinguished management team leading the continuous development in BisB, and I extend my gratitude and appreciation to the Bank's Board of Directors, the Audit Committee, and the Chief Executive Officer for their confidence. I look forward to contributing to the Bank's continued success and ensuring the achievement of its objectives."

Mr. Salman Sayyar boasts over 15 years of experience in internal auditing, accounting, and financial analysis in the Islamic Financial Sector. He was Chief Internal Auditor at Al Baraka Islamic Bank-Bahrain and Vice President of Internal Audit at Al Baraka Banking Group. His early professional experience was in the Internal Audit Department at Khaleeji Commercial Bank.

Mr. Salman is a Certified Public Accountant (CPA) from the Colorado State of Accountancy, a Certified Islamic Professional Accountant (CIPA) from the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), and a Chartered Global Management Accountant (CGMA) from the American Institute of Certified Public Accountants in the United States of America. He also holds a Bachelor's in Accounting from the University of Bahrain.