Mr. Sulaiman Al Harthi – Chief Executive Officer
Sulaiman Al Harthi, Chief Executive Officer of Alizz Islamic Bank, oversees the strategic direction of Oman’s industry leader in customer experience that provides creative Shari’a compliant financial solutions. He joined Alizz Islamic Bank as Chief Executive Officer on August 16, 2020.
He is also a member of Board of Directors of Takaful Oman. He also sits on the Board of Harvard Business School Club of the GCC, The Oman Company for the Development of Special Economic Zone at Al-Duqm (Tatweer), and a Board of Trustees member of Gulf College.
Al Harthi has over 32 years of experience in the banking sector. Prior to joining Alizz Islamic Bank, he served as Deputy Chief Executive Officer of Oman Arab Bank. He also held several leadership positions at major local banks and financial institutions including Bank Muscat as Group Chief Personal Banking Officer and Deputy Chief Executive Officer of Meethaq Islamic Banking, the Islamic window of Bank Muscat.
Al Harthi is a graduate of Oman Institute of Bankers. He has completed Executive Management Programmes at Harvard Business School and at INSEAD Business School. He also holds an MBA in Finance from Leicester University, UK.
Mr. Mohamed Al Balushi – DGM - Chief Human Resources Officer
Mr. Mohamed Al Balushi started his career as AGM - Head of Human Resources at Alizz Islamic Bank in September 2013, joined from Bank Dhofar, where he had served for more than 20 years, as Assistant General Manager (AGM) Head - Human Resources & Learning and Development, a position he had held since 2006. Parallel to his career in the banking industry, Mohamed was also a part time lecturer at the College of Banking and Financial Studies. Mr. Al Balushi adds an exceptional range of HR and Banking skills, expertise honed through a successful banking career in Oman. His banking experience of over two and half decades covers the subject areas of matured leadership, HR strategic planning, performance management, career development, recruitment along with manpower planning. With such rich and valuable experience, he is an invaluable asset to Alizz Islamic Bank. Mr. Al Balushi's carried out successfully the responsibilities of secretary to the Board HR Committee at Bank Dhofar, and AIB along with several other executive management committees, (HR Management Committee, Disciplinary Committee, Grievance Committee and Staff Rewards and Recognition Committee to mention a few) as well as College Academic Advisory Committee at the CBFS and was also appointed as Secretary to HR Committee of Oman Banking Association (OBA).
Mr. Al Balushi holds a postgraduate Certificate in Human Resource Development and Performance Management from the University of Leicester, United Kingdom, an Advanced Human Resource Executive Certificate- University of Michigan, Ross School of Business, USA, Chartered Institute of Personnel and Development (CIPD) from Bradfield, UK. Further, he holds a Master of Business Administration (MBA) from the University of Wales, Cardiff, United Kingdom. He also holds a number of professional qualifications and accreditations in the field of HR and banking including Associate of Canadian Institute of Bankers (ACIB)
Mr. Muhammad Nadeem Aslam - DGM - Chief of Wholesale Business & Key Initiatives
Mr. Muhammad Nadeem Aslam is Chief of Wholesale Business & Key Initiatives of Alizz Islamic Bank. He is a chartered accountant turned banker who offers a blend of professional experience along with distinguished accomplishments during his 20 years of banking and finance career.
Before this, Muhammad Nadeem was associated with the largest local financial institutions in Oman, Bank Muscat Meethaq, in the capacity of AGM – Corporate & Wholesale Banking. He was responsible for whole Islamic Banking Business including Corporate Banking & SME, Treasury and Investment Banking. Before this, he was head of Islamic banking at bankmuscat, Meethaq where he was founder head of Islamic banking where he established from scratches the largest Islamic banking window of Oman having balance sheet over USD 3 billion.
Previously, he has worked at Islamic financial services group (IFSG) of E&Y, Karachi and Islamic banking division of Soneri Bank, Pakistan at various positions before switching from his initial career role as chartered accountant.
He demonstrates excellent competencies in the area of strategic planning and execution, people management, produce development, project and credit analysis, digital transformation, data mining and financial modelling. He has proven track-record of Islamic Banking leadership and pioneering role in its introduction in Oman since the inception.
Mohammad Nadeem holds chartered accountancy from ACCA, UK and a Bachelorship in applied Accounting from Oxford Brooks University. He also holds a postgraduate diploma in Islamic banking.
Mr. Mohammed Juma Al Ghassani – AGM – Acting Chief Consumer Banking Officer
Mohammed Juma Al Ghassani is the AGM – Acting Chief Consumer Banking Officer of Alizz Islamic Bank and he is responsible for spearheading the bank’s retail banking and wealth management division’s in-line with the bank’s continuous drive to deliver excellence. He joined Alizz Islamic Bank in April 2013 and was part of the core founding team of the Bank which was tasked with developing the framework for the launch of the organisation.
Prior to joining Alizz Islamic Bank he was part of the management team that launched the first Islamic Banking window in the Sultanate, Meethaq Islamic Banking. He played a key role in developing the operation manuals, SOPs and preparing the customer journey. He then served as the first branch manager of an Islamic Banking entity in Oman.
Al Ghassani, is a seasoned banking professional with over 25 years’ experience in the banking and financial sector and he started his career working in Bank Muscat.
Mohammed holds a Master’s in Business Administration from Bedfordshire University College and is a Certified Islamic Finance professional.
Mr. Retesh Vatrana - Chief Internal Audit
Retesh Vatrana is the Chief Internal Audit of Alizz Islamic Bank. Internal Audit forms the ‘Third Line of Defense’ under the Bank’s risk management model maintaining its independent status by operating under the direction and guidance of the Board Audit Committee and reporting directly to the Audit Committee Chairperson. Retesh is responsible for the primary purpose of the Internal Audit activity, which is to assist management and the Board of Directors of the Bank to discharge their responsibilities and accomplish the objectives of the Bank by bringing a systematic, disciplined approach to evaluate and improve effectiveness of risk management, control, and governance processes. It does this by assessing risks, controls, ethics, quality, economy and efficiency.
Prior to his appointment with the Bank, Retesh was Partner, Audit and Financial Advisory with Mazars for Consultancy and Audit in Oman and prior to joining Mazars in Oman, he was with Ernst & Young in Oman for over 16 years and worked as Director in Assurance Services with Ernst & Young LLC, Oman and was also Deputy EY Middle East North Africa Financial Accounting Advisory Services Quality and Risk Management Leader.
He has over 20 years of experience in the audit and financial accounting advisory services and brings a wealth of experience to the role, having worked in all areas of banking operations through his time in as an auditor and is also renowned for his ability to identify and assess fresh strategic alternatives and supporting innovation and new business models, developing and delivering agile strategy, driving sustained long-term growth by inspiring and leading the way with strong purpose and ethics, and supporting digital to develop focused, high-quality, data driven insights. He leads with a commitment to the highest level of quality as well as with integrity, independence, accountability and a social conscience.
He is a Chartered Accountant (CA) from the Institute of Chartered Accountants of India and secured all India twenty third position in all India CA Final Examinations Merit List and thirty first position in all India CA Intermediate Examination Merit List. He is also a Certified Information Systems Auditor from the Information Systems Audit and Control Association and holds a Bachelor of Laws, Professional (LL.B) from Panjab University, India and a Bachelor of Commerce with Honors from Panjab University, India.
Mr. Faisal Zakaria - Chief Financial Officer
Faisal Zakaria is the Chief Financial Officer of Alizz Islamic Bank responsible for all financial affairs and was part of the core founding team of the Bank which was tasked with development of policies, procedures and he plays a key role in setting the strategy for the Bank to achieve superior and sustainable long-term financial results.
Mr Zakaria comes with extensive experience in the financial services industry across the region including Emirates Islamic Bank and Emirates NBD.
He sits on various Management Level Committees of Alizz Islamic Bank including, Deputy Chairman of the Asset Liabilities Committee, Member of the Management Investment Committee , Member of the Management Credit Committee, Member the IT Advisory Committee and member of the Tender Committee.
Mr Zakaria is a Certified Islamic Professional Accountant (CIPA) from the Accounting & Auditing Organization of Islamic Financial Institutions (AAOIFI) and a FCA Chartered Accountant from the Institute of Chartered Accountants of Pakistan.
Mr. Syed Abdul Razak - Chief Risk Officer
Syed Abdul Razak is the Chief Risk Officer of Alizz Islamic Bank and is a Senior Risk Management executive professional with a career spanning over 23 years of experience in Banking, Non Banking Financial Companies and Accountancy; he has held several key management positions throughout his illustrious professional journey.
Prior to joining Alizz Islamic Bank, Mr. Abdul Razak worked at BankIslami Pakistan Ltd, a leading Islamic Financial Institution in the capacity of Chief Risk Officer and has also worked with several large financial institutions in Pakistan with his roles including Group Head Corporate & Investment Banking, Chief Risk Officer, Head of Credits, Corporate Credit Head & Risk Policy Head. He is a certified Director from the Institute of Chartered Accountants of Pakistan. He has served as Chairman of the Board of Directors (BoD) of a leading Takaful Company and sat on the board of First Punjab Modaraba & several other companies.
Mr Abdul Razak is is a Keynote Speaker and a seasoned trainer having exposure of conducting training sessions at various forums , on the topics of Risk Management, Credit Assessment, NPL management other banking related subjects.
He is a qualified Chartered Accountant from the Institute of Chartered Accountants of Pakistan, having completed articles training from PriceWaterhouseCoopers (PwC).
Mr. Ali Al Zadjali AGM - Chief Compliance Officer
Mr. Ali Al Zadjali is the AGM – Chief Compliance Officer of Alizz Islamic Bank. Al Zadjali’s responsibilities include developing the in-house capabilities and to ensure delivery of an effective compliance function and culture across the various levels of the bank's operations including the Board.
Al Zadjali has over 15 years of extensive knowledge and experience in the banking and non-banking industries. Prior to joining Alizz Islamic Bank, Al Zadjali was the Head of Central Bank of Oman Compliance at the National Bank of Oman. He was involved in the development of the compliance framework and establishment of a compliance culture within the organisation. Al Zadjali also worked for the Central Bank of Oman as a Bank Examiner where he evaluated and reported on the soundness of various financial institutions. He also worked at Petroleum Development Oman as a Senior Financial Accountant.
Besides being a long standing executive with significant contributions in governance, application of international standards, compliance and a wealth of experience in banking operations and business, Al Zadjali holds a bachelor's degree in Accounting and MIS from the University of Missouri, St. Louis, USA, and a Master’s in Business Administration from Franklin University, USA. He is also a Certified Public Accountant (CPA) and a Certified Internal Auditor (CIA).
Mr. Mustafa Mohammed Al Lawati – AGM – Head of Investment Banking & Project Financing
Mr. Mustafa Mohammed Al Lawati – AGM – Head of Investment Banking & Project Financing of Alizz Islamic Bank. He joined Alizz Islamic Bank in December 2014 and he has extensive experience of over 15 years of working in the banking industry.
Prior to joining Alizz Islamic Bank he was the Head of Project Finance and Syndications at the National Bank of Oman and he was responsible for working on a mandated business and income budget to source, initiate and complete large project financing transactions in various fields such as: Power, Water, Waste water, Oil & Gas, Tourism, Real Estate development & Infrastructure.
Some of the major transactions AL Lawati was involved in during his career included the financial advisory and fund arranger for a Large Oil Refinery project in Sohar, Financial advisory and & mandated lead arranger for Large Aluminum rolling mill project in Sohar, Joint Lead Manager for Ministry of Finance Inaugural USD Sukuk, Financial advisor of a large Conventional Center - Package Two in Muscat and Financing syndication transactions of a large Independent power and water plant in Salalah and a large Aluminum Company in Sohar.
Al Lawati, started his career working in the treasury department of National Bank of Oman and directed all treasury activities including foreign exchange, assets and liabilities management, money markets, derivatives. He also led department initiatives to develop consistent and integrated department policies and procedures manuals. Post his treasury Al Lawati moved on to corporate banking department where he handled principal government related entities and major Omani group companies relationship management.
Mustafa is a fulbright scholar and holds an MBA with distinction from Cleveland State University. He also holds an Executive MBA in Leadership & Management from Cambridge University and a Graduate of University of Missouri St. Louis, where he achieved a BSc with Honors in Business Administration in Finance and Accounting.
Mr. Khalid Abdullah Mohammed Al Obaidani – AGM - Head of Business Banking
Khalid Abdullah Mohammed Al Obaidani is the AGM Head of Business Banking at Alizz Islamic Bank. He joined Alizz Islamic Bank in June 2020 and is a seasoned banker with more than 24 years of experience and is renowned for his proven leadership skills, coupled with his focus on continuous improvement and exemplary performance, whilst continuing to offer innovative products and quality customer service
Prior to joining Alizz Islamic Bank, he was the Head of Corporate & SME Banking of Al Yusr Islamic Banking. Al Obaidani comes with extensive experience in the financial services industry in Oman and is an expert in financial analysis and structuring funded and non-fund credit lines.
Al Obaidani, started his career working in the National Bank of Oman moving later to Bank Muscat where he was a leader in corporate banking initiatives to increase the corporate portfolio with expertise to deliver sustainable growth.
Khalid holds a Bachelor’s of Science in Finance from the College of Commerce & Economics at Sultan Qaboos University. He also holds several certifications in management and credit from notable organizations.
Mr. Jamil Abdulqader Al Zadjali – AGM – Head of Retail Business
Jamil Abdulqader Al Zadjali is a seasoned banker with more than 27 years of experience in local and multinational banks and is renown for his proven leadership skills with a continuous drive to deliver excellence.
Prior to joining Alizz Islamic Bank he was the Head of Retail Banking & Business Development at Al Yusr Islamic Banking – Oman Arab Bank (OAB) and he was responsible for leading and managing the Al Yusr Islamic Banking retail business. During his tenure at OAB he also spearheaded the Retail transformation project of Oman Arab Bank which lead to a significant metamorphosis in the customer experience.
Al Zadjali, commenced his banking career at the National Bank of Oman. He later moved to British Bank of the Middle East (currently HSBC Bank Oman) and Bank Muscat. During his esteemed career he has amassed critical experience in Retail Banking, Business Development, Sales, Digital Banking, Project Management, Public Relations, Marketing and Advertising.
Some of the major projects Al Zadjali was involved in during his career include building the base of Retail Banking services in OAB with competitive banking assets and liability products and qualitative service channels required in the local market. He created the bank sales team with an efficient and effective sales culture. Additionally, he led OAB’s innovative Digital transformation projects and Omni-Channel experience launching the mobile banking application and Internet banking platform, with the introduction of APTRA activate ATM software for the first time in the Sultanate, and he is an expert in process re-engineering for enhanced reach, customer experience and cost reduction.
Jamil is an ACCA accredited banker and a graduate of the Institute of Banking and Financial Studies. He also has a number of professional certifications from leading institutions both locally and internationally and is currently pursuing a Master’s degree in Business Administration (MBA) from the University of Strathclyde in Scotland.
Mr. Murtadha Jawad Al Lawati - AGM – Head of Marketing & Corporate Communications
Murtadha Jawad Al Lawati is the AGM – Head of Marketing & Corporate Communications of Alizz Islamic Bank. Murtadha joined Alizz Islamic Bank in November 2017 and is a seasoned Marketing and Communication professional with extensive experience of over 12 years of leading and transforming marketing efforts in various industries.
Prior to joining Alizz Islamic Bank he was the Head of Corporate Affairs at Oman Environmental Services Holding Company and was responsible for implementing an innovative strategic plan to increase revenue, brand recognition and social engagement.
Murtadha is renowned for his ability to assess the comprehensive needs of various key initiatives and businesses and then delivering an innovative, simple and creative communication and marketing strategy that ventures into technology driven marketing activities which show a clear growth path and a visible return on the marketing investment while always delivering strong, sustainable results.
Some of the major projects AL Lawati was involved in during his career include leading and overseeing the rebranding projects that transformed The Wave, Muscat to Al Mouj Muscat and Nawras telecommunications to Ooredoo, supporting both company’s visions to become a leading global brand in their respective sectors.
Murtadha holds a BA in International Studies with a Concentration in International Economics from the American University of Sharjah. Additionally, he is a recipient of the US State Department’s Edward Murrow Program for Leadership grant which allowed him to spend time working at the US State Department. Al Lawati is also the winner of the NTI BizPro Award for Oman’s ‘Young Business Leaders and Super Achievers’ for 2012.
Mr. Saleh Mubarak Saleh Al Khaduri -AGM – Head of Wealth Management
Saleh Mubarak Saleh Al Khaduri is the AGM – Head of Wealth Management of Alizz Islamic Bank. Saleh has extensive experience in The Telecom and banking sector spanning across a variety of areas, including Wealth management, Customer Experience & Sales. Saleh started his career in Omantel as a sales executive and moved up the ranks to handle senior roles in both business development and customer experience, prior to joining Alizz Islamic Bank, his most recent role was as the Deputy Senior Manager Wealth at NBO.
Saleh holds a Diploma at higher Professional Level from University of Cambridge and a number of professional certification from leading institutions both locally and internationally.
Mr. Fadelallah Suliman - AGM - Head of Legal and Board Secretary
Mr. Fadelallah Suliman Hamed joined the services of Alizz Islamic Bank in April 2013 as a Legal Advisor and Company Secretary after having worked for 8 years as Legal Advisor & Company Secretary with National Bank of Oman.
Fadelallah is a seasoned legal expert with 20 years of rich experience in the area of legal and corporate governance, which includes providing litigation services, legal opinions and advises corporate governance, compliance and regulatory affairs. He possesses hand-on managerial competencies, sound experience in implementing policies and procedures related to legal and corporate governance and company secretarial systems in both Conventional and Islamic banks.
He is currently occupying the position of Assistant General Manager – Head of Legal Affairs and Company Secretary.
Mr. Fadelallah holds a Bachelor of Law "LLB" degree and Bachelor of Arts in English and Arabic Language from the University of Juba, Sudan. In 2009, he obtained an Executive Diploma in Leadership and Strategic Management from the Chartered Management Institute, UK. In 2011, he was awarded "International Diploma in Compliance" by International Compliance Association and Manchester University.
Mr. Issa bin Salim Al Riyami – Head of Shari’a Audit & Compliance
Mr. Issa bin Salim Al Riyami heads the Shari'a Audit and Compliance Department at Alizz Islamic Bank, with a direct report to the Sharia Supervisory Board. He ensures compliance and consistency of the bank's transactions, operations, investments and activities with the Fatwas and resolutions issued by Sharia Supervisory Board and with the Shari'a standards and principles.
A veteran with over 18 years’ experience where he worked in the government sector for 11 years in the Ministry of Justice and the Administrative Affairs Council of the Judiciary. He then moved to work in the Islamic banking sector in the Meethaq Islamic Banking window of Bank Muscat in 2013 as the Head of the Shari’a Audit Unit and then the Head of the Shari’a Compliance Unit
Al Riyami also oversees the Islamic Banking educational campaigns conducted by Alizz Islamic Bank, both internally and externally; and raise awareness about Islamic banking and its products, in order to assist the public to choose products that fall in line with their requirements, with complete transparency.
Al Riyami is a Certified Shari'a Advisor and Auditor by the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOFI). In addition, he holds a Bachelors’ Degree in Islamic Law from the College of Shari’a and Law (currently the College of Law). He is also the first Omani to hold the position of Head of Shari’a Audit and Compliance in a full-fledged Islamic bank after fulfilling the requirements of the regulatory framework for Islamic banks by the Central Bank of Oman.