Al Baraka Islamic Bank names Mohammed Ali Al Tamimi as Chief of Compliance and MLRO
Al Baraka Islamic Bank, one of the leading Islamic banks in the Kingdom of Bahrain, is pleased to announce the appointment of Mohammed Ali Al Tamimi as its new Chief Compliance Officer and Money Laundering Reporting Officer (MLRO) With over 18 years of professional experience in banking and mainly in compliance and regulatory oversight and anti-money laundering, Al Tamimi brings a wealth of expertise to his new role.
He previously served as the Vice President of Compliance and Regulatory Oversight at Qatar National Bank (QNB), where he played an instrumental role in strengthening compliance systems and ensuring adherence to regulatory standards. His efforts focused on addressing financial crime-related issues and developing Environmental, Social, and Governance (ESG) strategies, significantly enhancing the bank's compliance framework.
Before joining QNB, Al Tamimi held several key positions, including Head of Compliance and Anti-Money Laundering at Cairo Amman Bank (Bahrain Branch). In these roles, he was pivotal in establishing and fortifying compliance functions in alignment with the highest international and local regulatory standards.
Al Tamimi holds a Bachelor's degree in Banking and Finance from the University of Bahrain, along with several distinguished professional certifications, including an International Diploma in Compliance, the Certified Anti-Money Laundering Specialist (CAMS), and the Certified AML FinTech Compliance Associate certification (CAFCA), which he obtained in June 2024.
These qualifications reflect his deep expertise in the field, as well as his capability to tackle regulatory challenges with efficiency and professionalism. Dr. Adel Abdullah Salem, the Bank's Chief Executive Officer, welcomed Al Tamimi's appointment, stating, 'We are delighted to announce Mr. Mohammed Ali Al Tamimi as our Chief of Compliance and MLRO. His extensive experience will undoubtedly enhance our ability to meet the highest regulatory standards, and we are confident that his addition to our team will contribute to providing safer and more reliable banking services, reinforcing our commitment to transparency and best banking practices.'
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