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Bank of Sharjah to be included in MSCI Global Small Cap Index

Bank of Sharjah to be included in MSCI Global Small Cap Index

Sharjah 2415-05-2025
A milestone for the bank
The inclusion represents a significant achievement, highlighting the bank's strong market performance, transparency, and solid governance. Being part of the MSCI Global Small Cap Index—tracked by major institutional investors—signals growing investor confidence and reinforces the bank's regional standing.
Leadership perspective
Mohamed Khadiri, CEO of Bank of Sharjah, described the inclusion as a defining moment, validating the bank's strategic transformation and financial fundamentals. He emphasized that the listing will enhance global visibility, attract international investors, and boost both liquidity and shareholder value.
Investor confidence and growth strategy
This milestone reflects consistent financial results, sound risk management, and ongoing operational enhancements. It also demonstrates the confidence placed in the bank by both local and international investor communities, reinforcing its trajectory toward sustainable, long-term growth.
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Al-Ali's experience and strategic role With a distinguished career spanning over 25 years in the banking sector, Al-Ali brings a wealth of knowledge and expertise in corporate banking. His track record includes leading landmark transactions and pioneering innovative digital initiatives in the UAE and the wider region. His deep understanding of institutional clients' needs uniquely positions him to deliver advanced, tailored financial solutions. In his new capacity, Al Ali will lead the strategic direction of Wholesale Banking in alignment with the Bank's vision, profitability targets, and regulatory requirements. He will also focus on enhancing operational efficiency, fostering a high-performance culture, and building a skilled, motivated team to deliver exceptional results. Previous leadership roles Before joining Bank of Sharjah, Al-Ali held several senior leadership positions at prominent financial institutions. Most recently, he served as Senior Managing Director and Head of Commercial Banking for the UAE at First Abu Dhabi Bank (FAB). Prior to that, he spent over two decades at HSBC, where he held key positions including Deputy Regional Head of Corporate Client Coverage & Sectors for MENAT and Managing Director Deputy Head of Corporate & Commercial Banking UAE & Regional Head of Islamic Corporate Banking MENAT, among other senior assignments. Leadership endorsement Commenting on the appointment, Mohamed Khadiri, Chief Executive Officer of Bank of Sharjah, said: 'We are delighted to welcome Nasser to our leadership team. His extensive industry expertise, strategic vision, and proven ability to drive growth, align perfectly with our ambitions for the Wholesale Banking business. We look forward to benefiting from his innovative approach and leadership.' Al-Ali's vision Expressing his enthusiasm for the new role, Nasser Al-Ali said: 'I am honoured to join Bank of Sharjah at such a pivotal stage in its journey. The Bank's successful turnaround over the past two years has laid strong foundations for innovation and growth. I look forward to working with the team to further strengthen our wholesale banking capabilities and deliver exceptional value to our clients and shareholders.' Academic background and professional development Al-Ali holds a Master's in Big Data and Business Analytics from ESCP Business School and a Master's in International Business Law from the University of Paris - Sorbonne-Assas International Law School. He also holds a Bachelor of Applied Science in Business Administration from the Higher Colleges of Technology in Dubai. Al-Ali is an alumnus of executive programmes at Harvard, Oxford, INSEAD, London Business School, and other leading institutions. He has also graduated from two flagship programmes (Young Leaders and Impactful Leaders) under Mohammed bin Rashid Center for Leadership Development. About Bank of Sharjah Bank of Sharjah was established on December 22, 1973, through a decree issued by His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. Banking operations started in May 1974. The Bank was the first commercial bank in Sharjah, the fifth in the Federation and the first to make 40% of its capital available for public subscription.

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