Ajman Bank chief executive officer Mubashar Khokhar has resigned from the bank and Mohamed Amir has been named as Acting CEO of the Islamic bank.
A press statement issued on Monday said that that Khokhar resigned due to personal reasons.
Amiri, a UAE national, is a seasoned veteran with over 20 years’ experience in the banking industry, where he has held various key positions with both international and local banks.
The appointment of Mohamed Amiri as Acting CEO is to ensure the execution of a business plan that can take advantage of present market conditions to grow shareholder value.
Amiri said: “I am very pleased and proud to have been entrusted with this position. We are ambitious to move forward to the next stage, and I am delighted to have the opportunity to lead Ajman Bank towards success and prosperity.”