BNF Bank

BNF Bank plc on Monday announced that Mahmoud Tarek Mahmoud Mohamed Elsayed has been named as Alternate Non-Executive Director on the Board of Directors.

The role of an Alternate Non-Executive Director is to act in place of the original Director whenever they are unable to attend board meetings. Generally, these individuals have the same powers to attend, speak and vote at board meetings as the original Director.

In his new position, Mr Elsayed will substitute Sheikh Turki Feisal Q.F. Al-Thani.

The appointment is subject to regulatory approval, with his appointment becoming effective from the date of such approval.

Aside from his new role, Mr Elsayed is also Investment Manager at Al Faisal International for Investment Q.P.S.C. There he is responsible for the private equity firm’s investment portfolio in various jurisdictions, as well as the private investments of the company’s shareholders. He is also a Committee Member of its Investment and Risk Committee.

Al Faisal International for Investment, through its subsidiary JUD Investment Group Ltd, has a 92.4 per cent stake in BNF Bank.

Mr Elsayed holds a Bachelor of Science in Business from DePaul University, Chicago.

BNF Bank is a key player in Malta’s financial services sector, operating a network of 12 retail branches spread across the Maltese Islands to offer personal and business clients highly personalised products and services. It has also established an international presence through a branch in London.


Medserv and Regis ‘have forged a powerful alliance,’ says CEO

30 May 2024
by Robert Fenech

The company is celebrating 50 years from the founding of Medserv

‘Past year was predominantly marked by growing competitive pressures,’ says Farsons CEO

30 May 2024
by Fabrizio Tabone

During the financial year ended 31st January 2024, Farsons Group’s pre-tax profit rose by 4.9% to €16.1 million.

Labour skills & shortages across the EU: Employers encouraged to enhance training opportunities

29 May 2024
by Helena Grech

‘It is key to activate the under-represented people within the labour market,’ says Lawrence Zammit, MISCO Founding Partner & Director ...

MAPFRE Middlesea celebrates Chief Officer – Technical Area Olivia Darmanin’s 16th work anniversary

29 May 2024
by Fabrizio Tabone

She is also Chief Underwriting Officer at MAPFRE MSV Life plc.

Close Bitnami banner