Our Board
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Mr. Murad Ali Murad
Chairman
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Sh. Abdulla bin Khalifa bin Salman Al Khalifa
Deputy Chairman
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Mr. Mohamed Abdulrahman Hussain
Board Member
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Mr. Jassem Hasan Ali Zainal
Board Member
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Sh. Khalifa bin Duaij Al Khalifa
Board Member
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Mr. Edrees Musaed
Board Member
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Mr. Ashraf Adnan Bseisu
Board Member
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Mr. Mishal Ali Al Hellow
Board Member
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Mr. Naser Khalid Al Raee
Board Member
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Dr. Ghaneya Al-Derazi
Board Member
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Mrs. Nour Nael Al Jassim
Board Member
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Mr. Aref Haider Rahimi
Board Member
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Mr. Ahmed A. Qudoos Ahmed
Group Corporate Secretary
Directors’ roles
and responsibilities
The primary role of the Board of Directors (the Board) is to oversee the implementation of the Bank’s strategic initiatives. Additionally, the Board ensures that the Bank operates within the agreed framework, following all relevant statutory and regulatory structures.
The Board monitors the adequacy of the financial systems, operations, and internal control. They also oversee the implementation of corporate ethics and the Code of Conduct. They also conduct regular meetings to discuss strategic issues, performance reviews, material acquisition, disposal of assets, capital expenditure, authority levels, the appointment of auditors, review of the financial statements, financing and borrowing activities, annual operating plan and budget, regulatory compliance, and assessment of internal controls.
The majority of BBK Directors, including the Chairman and/or the Deputy Chairman, are required to attend the Board meetings to ensure a quorum. In addition, the Board must approve all policies and decisions about the Bank’s operation and functions.
The overall management of the Bank is delegated to the Chief Executive. The Bank Directors hold their respective position for three years, after which they must present themselves to the Annual General Meeting
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Board Compositions
The Board is composed of twelve members selected based on the Bank’s Memorandum of Association and Articles of Association. It comprises a mix of professionals with high-level skills, expertise, industry background, and experience. The Board is required to conduct periodic reviews regarding its composition and the contribution of Directors and Committees.
The appointment of Directors is subject to the approval of the Central Bank of Bahrain (CBB). The classification of ‘Executive,’ ‘Non-Executive,’ and ‘Independent Non-Executive’ Directors are based on definitions stipulated by the CBB.
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Board Committees
The Board Committees are considered the high-level link between the Board and the Executive Management. The Board of Directors forms the Committees and their Members at the beginning of each term. Their roles are to assist the Board in supervising the operations of the Bank, review the issues submitted by the management to the Board, and make recommendations to the Board for their final review and decision.
The Board reserves the right to form temporary committees and discontinue them as necessary. Furthermore, the Board Members are provided with copies of Board Committees’ meeting minutes as required by the regulators.
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Board Meetings and Attendances
The Board meets as instructed by the Chairman, Deputy Chairman (in the absence or disability of the Chairman), or if requested by at least two Directors. The Board must meet at least four times a year, per the Commercial Law. A Board Meeting shall only be valid if at least seven Directors participate in person.
Code of Conduct
Code of Conduct for the Board of Directors of Bank of Bahrain & Kuwait Bank
Administration of the Code
Standard of Conduct
Members of the Board of Directors shall discharge their duties professionally, with due diligence and to the best of their abilities.
Conflict of Interest, Disclosure and Appointments
Confidentiality and Inside Information
Key Persons (KPs) dealings
Acceptance of gifts
Relations with Bank Staff
Co-operation with regulatory bodies
Bank’s customers
Acceptance of this Code
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