Bank ABC in Algeria
The Bank was the first international private bank to be authorized to operate under Algerian legislation by an official decision of the 'Conseil de la Monnaie et du Crédit de la Banque d'Algérie' (Council of Currency and Credit of the Central Bank of Algeria) in September 1998.
Bank ABC began trading on 2nd December 1998, opening its main branch in Bir Mourad Rais, Algiers.
- Arab Banking Corporation BSC (87,62%)
- The Arab Investment Company (TAIC) Riyadh(4,18%)
- The Compagnie Algérienne d’Assurance et de Réassurance (CAAR) Algiers (2,09%)
- The International Finance Corporation (IFC) Washington (1,85%)
- Other private Algerian investors (4, 26%)
|Mr. Ali Salem HEBRI |
|Chairman since November 2012 |
Mr. HEBRI has over 30
years’ experience in the financial sector. He is Senior executive in leading
position in several key public Libyan entities and has been Chief Financial
Officer of several major Libiyan companies. Mr. Ali HEBRI holds a Postgraduate
Diploma in Accounting from the University of Strathclyde , Great Britain.
|Mr. Hisham A. MOUZUGHI |
|Member since 2010 - Deputy Chairman since September 2013 |
Mr. Mouzughi has been the Head of Risk and
Credit Support at ABC Islamic Bank (E.C) Bahrain since 2006. He started his
career in 1989 at the London Subsidiary of Arab Banking Corporation.
Mr. MOUZUGHI holds an
MBA from Webster University; a Master of Science in Business Administration
(MSBA), from Boston University; a Post Graduate Diploma in Accounting and
Finance from London School of Economics, and a Post Graduate Diploma in Islamic
Banking and Insurance, from the Institute of Islamic Banking and Insurance,
|Mr. Noreddin NAHAWI |
|Managing Director since May 2011 and Chief Executive Officer from May 2011 to March 2015|
Mr. Nahawi joined ABC
Group in 2003 as Head of Arab World Division and has occupied since the
positions of Managing Director of ABC Jordan, and lately Tunisia Country
Manager. Mr. Nahawi’s career spans over 40 years across nine countries
including his native Jordan, France, Oman, the U.K., U.A.E., Bahrain, Lebanon,
Egypt and most recently Tunisia.
Prior to joining ABC,
he had spent over 29 years of his career with BNP Paribas. Mr. Nahawi holds a
Master in International Administration and a Bachelors of Arts from Colby
College, Waterville (Maine, USA).
|Mr. Patrick Edouard ABI HABIB|
|Director since June 2010 |
Mr. Abi Habib joined ABC Group in 2002 where he held several senior positions in business
development, credit and risk management, and Internal Audit at Group level in
Bahrain, but also in many countries such as Algeria, Tunisia and Egypt. Mr. Abi
Habib was a member of the board of directors of Bank ABC in Egypt between 2012
and 2014 and Bank ABC in Jordan in 2014. He is actually First Vice President at
ABC (BSC) Bahrain.
Mr. Abi Habib holds a
Master in Management from SKEMA Business School in France and a Bachelor of Art
in Economics from Saint Joseph University, Lebanon. His banking experience
spans over 20 years in the MENA region
|Mr. Zied JALALI|
|Director – Since June 2013|
Mr Jalali joined ABC
Group in 2003, he was a member of ABC Tunisia’s Board of Directors from 2010 to
2013, and is currently First Vice President in the Project & Structured
Finance Department at ABC Group.
Mr Jalali holds
Post-Graduate Degree in Banking & Financial Systems from Université
Paris1-Sorbonne, France and Masters in Service from the Institut
d’Administration des Entreprises (IAE), Aix-en-Provence, France
|Mr. Majid NASSOU |
|Director since June 2010 |
Mr. Nassou held
different executive positions, of which Chairman and General Manager in several
banks like CPA, BDL, BNA and al Rayan Bank in Algeria. He was also Regional
Manager with UBAF in Paris and Bahrain.
Mr. Nassou holds a
Master in banking from “Ecole Supérieure des Arts & Métiers”, Paris, a
Master in Law and a Diploma in Political Sciences from Bordeaux University
|Mr. Ali KOOLI |
|Director since May 2014|
Mr. KOOLI is General Manager and Administrator of
Arab Banking Corporation-Tunisia since 2010. He was General Manager and Board
member of Société Générale Banque in Jordan (SGBJ). Chief Executive Officer and
Board member of the Union of International Bank. Deputy CEO of UBAF in Japan.
Commercial Manager France Network of Société Générale
He has nearly 30 years
of banking experience in Japan, France, Jordan and Tunisia. He holds a Master
degree from EM Lyon, France.
|Mr. Abdellatif BENKHELIL |
|Secretary of the Board of Directors|
He joined Bank ABC Algeria in October 2012 as Secretary of the Board of Directors. He has 20
years’ banking experience, prior to that he was a lawyer in Algiers.
- Acting Chief Executive Officer
Mr. Nadir Idir
- Deputy Chief Executive Officer & Chief Banking Officer
Mr. Jawad SACRE
- Deputy Chief Executive Officer –Support
Mr. Nadir Idir
- Bank ABC in Algeria
PO Box 367
38 Avenue des Trois Freres Bouaddou
Bir Mourad Rais, Algiers, Algeria
Tel: (213) (0) 23 56 95 23
Fax: (213) (0) 23 56 92 08
|Bank ABC Announces Nine-Month Net Profit of US$144 Million|
|Bank ABC Islamic Announces 40% Increase in Nine-Month Net Profit to US$16.1 Million |
|Bank ABC Closes a US$125 Million Syndicated Term Loan Facility for United Arab Bank|