Manama, Bahrain: Arab Banking Corporation announced the appointment of Roy Gardner to the position of Group Chief Financial Officer.

Roy brings to the ABC Group over 32 years of experience in banking and financial services. He comes from Citibank, New York, where he was the Chief Financial Officer for their Treasury and Trade Solutions Division covering the Cash and Trade business worldwide.

However, Roy is not new to the region, having worked for 20 years in the Middle East, after starting his career in Scotland in management and financial accounting. In Saudi Arabia he worked mostly with Saudi American Bank (SAMBA) where he held the post of Chief Financial Strategist. 

“Appointing Roy to the position of Group Chief Financial Officer is a move forward in our effort to enhance the implementation of initiatives set to increase revenue generation capabilities as he will be also looking after strategic planning for the Group,” said  Mr. Hassan Juma, President & Chief Executive of ABC.

“This new appointment will propel the Group’s recently announced plan to realign its model in International Wholesale Banking and Universal Banking,, assuring continued growth,” he added.

Arab Banking Corporation, known as ABC, has consolidated assets of US$26.836 billion. ABC is an international universal bank headquartered in Manama, Kingdom of Bahrain, with a network spread across 21 countries in the MENA, Europe, the Americas and Asia.  Founded in 1980, it is listed on the Bahrain stock exchange and its major shareholders are the Kuwait Investment Authority, Central Bank of Libya and Abu Dhabi Investment Authority.