Latest news with #HopeFund
Zawya
09-04-2025
- Business
- Zawya
Bahrain: Esterad Bank names Al Pachachi as COO
Bahrain - Wholesale Islamic bank Esterad Bank said yesterday it had appointed Fajer Al Pachachi as its new chief operating officer (COO). Ms Al Pachachi brings more than 16 years of experience in investment management, strategic planning, operations, and business development to the Bahrain-based bank. The appointment comes as Esterad Bank undergoes a transformation, strengthening its senior leadership and operational platform. As COO, Ms Al Pachachi will oversee strategy, legal affairs, operations, administration, fund administration, information technology, corporate communications, and investor relations. She will also focus on improving internal controls, efficiency, and supporting the bank's growth. Esterad Bank said the appointment was a significant step in its restructuring, building on positive momentum in 2024 that saw a return to profitability, new investments, the exit of legacy assets and cost-cutting measures. Prior to joining Esterad Bank, Ms Al Pachachi was general manager of Hope Ventures, the investment arm of Hope Fund. She also previously held a senior role at the Bahrain Economic Development Board and worked at Instrata Capital, Maalem Holding and Addax Bank. 'Her extensive track record in building high-performing teams, driving operational excellence, and scaling investment platforms makes her a strong addition to our leadership team,' said Esterad Bank acting chief executive Ahmed Abdulrahman. Mr Al Pachachi said she was joining the bank at a 'key moment' and looked forward to enhancing its operations and supporting business growth. She holds a business degree from Concordia University in Canada and currently chairs the technology and digital economy committee at the Bahrain Chamber. Copyright 2022 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
13-03-2025
- Business
- Trade Arabia
Hope Ventures appoints new General Manager
The Board of Directors of Hope Ventures, the investment arm of the Hope Fund, has approved the appointment of Latifa Mohammed as the company's General Manager. This decision aligns with the company's strategy to strengthen its role in supporting Bahraini entrepreneurs and enabling startups to achieve growth and sustainability, a statement said. Sheikh Hamad bin Mohammed Al Khalifa, Chairman of Hope Ventures, expressed his confidence in Latifa Mohammed, highlighting that her appointment reflects the company's commitment to empowering national talent in leadership positions. He stated: 'The appointment of Latifa Mohammed to this strategic role underscores Hope Ventures' dedication to supporting and enabling outstanding Bahraini professionals while driving the growth of the Kingdom's entrepreneurial sector. We are confident in her ability to execute the company's vision, introduce innovative initiatives that enhance the startup ecosystem, and create promising investment opportunities.' Latifa Mohammed expressed her gratitude to the Board of Directors for their trust, affirming her commitment to advancing Hope Ventures' objectives. She emphasised her dedication to developing innovative financial and investment solutions that support Bahraini entrepreneurs and help transform their ideas into successful and sustainable ventures. Latifa Mohammed brings extensive experience in investment and entrepreneurship. She previously served as the General Manager of Hope Talents, a subsidiary of the Hope Fund, where she played a key role in launching numerous initiatives to support young Bahrainis.
Biz Bahrain
30-01-2025
- Business
- Biz Bahrain
Hope Ventures expands HQ co-working space to Hamala
Hope Ventures, the investment arm of Hope Fund, is excited to announce the expansion of its HQ co-working space to District Courtyard, Janabiyah which is expected to open to the public in September 2025. This marks a significant milestone in the growth of HQ, following the remarkable success of its flagship location at Seef Mall, which stands as Bahrain's largest co-working space at 1,085 square meters. The new HQ at District Courtyard is designed to amplify opportunities for collaboration and innovation, particularly between Bahraini and Saudi businesses, fostering a thriving entrepreneurial ecosystem in the region. This expansion aligns with Hope Ventures' mission to drive regional growth and strengthen connections within the business community. Fajer Al Pachachi, General Manager of Hope Ventures, said: 'HQ is more than just a workspace, it's a hub where creativity, collaboration, and growth come together. By providing entrepreneurs with a workspace and an inspiring environment, we are paving the way for the next generation of business leaders. I am thrilled to expand our footprint and help accelerate the growth of Bahrain's entrepreneurial community on a local and regional scale.' The District Courtyard location will offer a range of flexible workspace solutions, including private offices, meeting rooms, and versatile training areas, all designed to foster a vibrant, collaborative community. Members will also gain exclusive access to networking events, business resources, and personalized support to fuel their ventures' growth and success. With this new opening, Hope Ventures reinforces its commitment to empowering Bahrain's entrepreneurs with world-class facilities and resources, facilitating the development of innovative businesses and boosting economic growth in the region.
