Bahraini retail and commercial banking institution, BMI Bank has promoted Jamal Al-Hazeem to the position of CEO from his position overseeing the Bahrain operation.

Mr Al-Hazeem’s elevation follows the resignation of group CEO, Andrew Bainbridge, who has decided to take up another role in the region.

Sheikh AbdulMalik bin Abdullah Al Khalili, chairman of BMI Bank, said: “I take this opportunity to thank Andrew for his hard work, dedication and leadership of the business over the last three years and wish him the best in his future endeavors.

“Jamal is a seasoned banker and will now lead BMI forward. BMI is a dynamic bank having grown from strength to strength since its inception in 2005. We are well on the way to becoming what we set out to be – a truly regional bank that has the best interests of its customers at its heart.”

Mr Al-Hazeem said: “At BMI, it will be business as usual with a seamless transition. BMI is a young and growing bank with excellent customer and shareholder support and I look forward to building on the bank’s strengths as well as delivering on our commitment to provide customers with unique and innovative financial products and services.”