Ithmaar Bank, a Bahrain-based Islamic retail financial institution, has appointed Mohamed Ahmed Bucheerei as its new Head of Strategy, Transformation and Business Development. He will report directly to Chief Executive Officer Maysan Almaskati.
Bucheerei’s appointment comes at a crucial time as Ithmaar Bank continues to execute its comprehensive restructuring and transformation programme. The initiative aims to reinforce the bank’s business model, optimise capital efficiency, and support a clearly defined long-term strategic roadmap.
Since joining the organisation in 2020, Bucheerei has played a central role in shaping strategy and overseeing restructuring initiatives. His contributions have helped drive measurable improvements in performance and governance across the bank.
With more than 18 years of experience in the banking sector, Bucheerei has been instrumental in significant strategic projects, including capital restructuring, strategic divestments, and operational transition and integration. Prior to his latest appointment, he served as Head of Asset Management.
In his new role, Bucheerei will lead strategic planning, transformation programmes, corporate development and business growth efforts. He will also oversee the bank’s digitisation agenda, ensuring technology-driven innovation continues to advance operational excellence and customer experience.
Bucheerei holds a Master’s degree in Financial Technology from the University of Strathclyde (UK) and a Bachelor of Science in Business Management with a minor in Information Technology from Bentley University (US).