Alsharifi represents Bahraini Banking sector on Union of Arab Banks' board

Daily Tribune

13-05-2025

The Union of Arab Banks (UAB) announced the selection of Yaser Alsharifi, Chairman of the Bahrain Association of Banks, as the representative of the Bahraini banking sector at the Union.
Alsharifi received an official letter from Dr. Wissam H. Fattouh, Secretary-General of the Union of Arab Banks, congratulating him on his appointment as a member of the Union's Board of Directors in its eighteenth term. In the message, Dr. Fattouh welcomed Alsharifi as the representative of the Bahraini banking sector and commended his anticipated role in strengthening the Union's efforts to advance Arab cooperation and establish a solid foundation for the Union to fulfil its mission in supporting the development of Arab economies and societies.
In a statement issued on the occasion, Alsharifi underscored his commitment to sharing Bahrain's pioneering experiences in the banking industry, fostering the exchange of best practices, and collaborating with fellow board members to shape forward-looking banking policies that respond to global economic shifts and promote sustainable development across the Arab region.
Alsharifi took part in the 120th ordinary meeting of the Board of Directors of the Union of Arab Banks, during which key leadership positions were elected as part of the Union's eighteenth term. This included the election of the Chairman and Vice-Chairman of the Board, the selection of Board members to serve on the Executive Committee, as well as the appointment of the Chair and Vice-Chair of that committee. The meeting also saw the election of members and the Chair of the Audit Committee, and the formation of the Investment Committee tasked with mobilising financial resources, including the election of its Chair and members. In addition, a memorandum of understanding was signed to establish the Islamic Banks Committee, and two members were nominated to join the Board of Trustees of the Arab Academy for Administrative, Financial and Banking Sciences.
Alsharifi also participated in the Arab Banking Conference 2025, held in Cairo under the patronage of Mr. Hassan Abdalla, Governor of the Central Bank of Egypt. Convened under the theme 'Public-Private Partnerships for Financing the Economy,' the conference brought together an esteemed assembly of leaders, policymakers, and key stakeholders from across the Arab financial landscape.
The conference featured awards ceremony recognising the recipient of the 'Arab Investment and Banking Personality' accolade, followed by a series of high-level sessions. The first addressed 'The Role of Public-Private Partnerships in Financing Economic Growth,' while the second explored 'The Contribution of Islamic Banking to Financing the Economy and Sustainable Development.' The second day included a session on 'Innovative Financing Mechanisms for Public-Private Partnerships,' a panel on 'The Role of Multilateral Development Banks and International Financial Institutions in Financing PPP Projects,' and concluded with a session examining 'The Regulatory and Policy Framework for Enabling Effective Partnerships.'