Dahabshil Bank
 Version Française











Management and Governance



The management team is supervised by a Board of Directors consisting of highly reputable individuals with banking and finance expertise, independence and business management background. Members of the Board are distinguished achievers in their own fields and bring prestige, judgment, risk management and business guidance to DBI.

   
MOHAMED SEID DIALE
Chairman of Board of Directors


Mohamed is a prominent businessman, with extensive interests in Africa, Middle East, Europe and North America. A pioneer in the money transfer operations in East Africa, Diale has built a huge business conglomerate across many sectors including financial services, trading construction, telecommunications and energy. He is a visionary with enormous business acumen, entrepreneurial flair and a knack for building successful enterprises from a scratch. A philanthropist and a social leader, Mohamed Seid Diale is a generous supporter of a wide variety of social, developmental and humanitarian causes and projects. During a very successful business career extending over nearly four decades, Mohamed Seid has built and developed major enterprises in some of the most difficult business environments in the world. Currently, Mohamed Seid Diale is Chairman of Dahabshiil Pvt Ltd., which is the flagship of Mohamed Seid's business conglomerate. Dahabshiil Pvt Ltd is an international money remittance company with over 400 branches and offices across five continents employing over 1,000 people and having reciprocal partnership with several international remittance companies and banks including Travelex, Instant cash, Wegagen Bank (Ethiopia) and Indus bank (India).



ABDUL RAHMAN AWL
Member of Board of Directors


Abdul Rahman Awl is Vice Chairman of the Board of Directors. He is an accomplished international banker with extensive industry experience in North America, Africa, Asia and Middle East. During a successful career extending nearly three decades - with commercial, investment and development banks as well as consulting firms -- he has served in a variety of leadership positions. His banking career includes management positions at the Islamic Development Bank (IDB), the African Development Bank (ADB), First National Bank of Chicago, and National Bank of Abu Dhabi (NBAD). Abdul Rahman is Senior Partner of Harrington Institute, an international management consulting firm based in USA, specializing in organizational development, performance improvement and project finance. Abdul Rahman Awl has served at the boards of directors of numerous business organizations, including the Harrington Institute (USA), Dahabshiil Financial Services (Dubai), African Export-Import Bank (Afreximbank, Cairo), PTA Bank (Nairobi), African Management Services Company (AMSCO, Amsterdam), and SIFIDA Investment Company (Geneva). He is very active in civil society programs and sits on the Board of a number of NGOs. A graduate of the Harvard Business School Executive Development Program, Awl holds an MBA from Miami University (Ohio), a BS from State University of New York's School of Management (Binghamton) and a banking diploma from the British Institute of Bankers (London).



ABDIRASHID MOHAMED DUALE
Member of Board of Directors


Abdirashid is a prominent business executive, with extensive experience in money transfer operations, banking and finance in Africa, Middle East, Europe and North America. He is a successful businessman with a reputation for entrepreneurship. Currently, Abdirashid is Chief Executive Officer of Dahabshiil Transfer Service (the flagship of the Dahabshiil business conglomerate). Dahabshiil is an international remittance company with over 400 branches and offices across five continents. It is the leading money transfer company in the Horn of Africa region, employing over 1,000 people. Dahabshiil has partnership agreements with several international remittance companies and banks including Travelex, Instant Cash and Wegagen Bank (Ethiopia) which complement its network. Abdirashid has built the Group's European theatre from scratch. He is leading the Group aiming to increase market share, improve corporate efficiency and effectiveness and enhance customer service and profitability. Abdirashid is regular keynote speaker at international and regional conferences on a wide range of global issues relating to the remittances industry and development finance. He has addressed numerous forums on the regulatory environment, anti-money laundering initiatives and the compliance regimes. His interviews on the industry are regularly carried by the international media including the BBC and a number of reputable print media outlets globally.



 
NOUH SAID DOUALEH
Member of Board of Directors


Nouh Said Doualeh is a prominent businessman with extensive experience in international trade, foreign exchange, money transfer operations and telecommunications. He is Managing Director of Dahabshiil Group's trading house, which conducts a large volume of import/export transactions in the East Africa Region. Dahabshiil Trading one of the biggest importers of foodstuffs, oils, building materials, motor parts in Somalia. Formerly, Nouh was Managing Director of Dahabshiil's money transfer operations in Somalia, where he successfully expanded the Group network from 30 branches to 200 branches. An accomplished businessman, Nouh has built a number of enterprises that evolved into solid businesses. He serves on the Board of a number of financial and trading companies.



SAEED MOHAMMED SAID
Member of Board of Directors


Saeed Mohammed Saeed is seasoned business man and expert in the field of Money Exchange/Financial and international trade. He is Regional Managing Director of Dahabshiil Money Transfer Services in Middle East, Asia and Africa. With his acumen, he expanded Dahabshiil money transfer net work in many Middles East and African countries in short span of time and brought Dahabshiil a one of the prominent remittance/exchange company well recognized across Middle East and Africa. In addition, he has set up various ties with many regional/international bank/money remittance companies in the regions that increased Dahabshiil reach to almost 40 countries in the world. He also established a completely new remittance/exchange company called Al Dahab Exchange in UAE. Al Dahab Exchange is licensed by Central Bank of UAE and expanded into its 6 outlet with almost 80 employees with 6 year time. In addition to have above role, Saeed trades in Oil and foodstuffs. Saeed hold Commerce degree and attended international seminars in Anti Money Laundering.



DAHA ISMAIL SAID
Member of Board of Directors


Daha Ismail Said is an expert in the financial services industry, especially in Money Exchange, financial management, customer service and international trade. He is Managing Director of Al Dahab Exchange UAE, a money remittance and exchange company licensed by Central Bank of UAE. He expanded Dahab Exchange net work into 6 branches with over 80 employees in short span of time, making Al Dahab Exchange a one of the prominent remittance/exchange houses well recognized both in UAE and abroad. In addition, he has built a strong partnership with many regional/international bank/money remittance companies that increased Dahab Exchange's reach to almost 40 countries around the world. Daha holds bachelor degree and a certificate from Microsoft, as well as diplomas in Anti Money Laundering and financial management.



SELAMAN NUH SAID
Member of Board of Directors


Selaman is young professional in Information Technology focused in Money transfer and Exchange area. He has arranged state of art online remittance/exchange system for Dahabshiil Money transfer services UK and rolled over to all Dahabshiil net work. His continuous improvement in technology is adding lot of value to Dahabshiil group business. Selaman is hold B.SC degree from UK and have attended many courses on Anti Money Laundering (AML) in UK.




A Sharia Board provides supervision and guidance to ensure that all bank transactions are in full compliance with Sharia principles.

   
DR HUSSEIN HAMID HASSAN
Chairman-Sharia Supervisory Board


Dr Hussein is renewed Islamic Scholar and author of 21 books and 400 articles & research papers on Islamic finance, economics, art and social studies. In addition to Chairman Sharia Supervision Board DBI, He is Chairman of Sharia Supervision Board of Dubai Islamic Bank, Dubai, Liquidity Management Centre Bahrain, Islamic Bank of Sharjah, Dubai Islamic Insurance and reinsurance company (AMAN) Dubai and Tamweel and Amlak Finance Company and member Sharia Supervision Board of Islamic Development Bank, Jeddah, Sharia council for accounting and audit for Islamic financials institution Bahrain, European Islamic council for research and consultation Dublin. Dr Hussein is also expert advisor to Kyrgestan, Pakistan, Muslim League Mecca, and Islamic Conference of Muslim World Jeddah on Sharia Laws, Economic and Education Dr Hussain is PhD and Law graduate in Sharia and held many top positions in Cairo University, King Abdul Aziz University Mecca etc and remained Attorney for Egypt Government during his career.



MOHAMED SALIM BADAMANA
Member of Sharia Supervisory Board


Badamana is a well known Professor, famous Islamic Scholar serving as a Chairman of Forage Utilization Department, University of Nairobi. In addition to member of Sharia Supervision Board DBI, Badamana is Chairman of Sharia Advisory Board of Gulf African Bank Kenya. He is author of many papers & articles on Islam and have attended International Islamic conferences held in Jordan, Egypt, South Africa, Kenya and Saudi Arabia. Badamana is also Islamic visiting Professor for Quranic Arabic, Islamic Laws in many Public Universities, conferences, seminars, Masques in Kenya. Moreover, he is broadcasting different Islamic and question/answer program on Kenya Broadcasting Station. Badamana is PhDs in Islamic Philosophy from Sudan and Forage Utilization from UK. He is also certified Sharia Advisor and Auditor (CSAA) from Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), Bahrain.




DBI, with assistance from international recruitment agencies, has put in place a management team that has extensive banking and management experience, including the setting up of new banks and businesses. The selected team includes senior bank executives with strong background in Islamic banking, business management, investment management, and project finance. Collectively the senior management team has excellent banking business qualifications and a track record of achievements in managing companies.


   
DR. MOHAMED OSMAN NUR
Chief Executive Officer


Dr. Mohamed Nur, a seasoned banker with over 20 years of experience in international banking and financial services in USA, was appointed CEO of Dahabshil Bank International (DBI) in May, 2009. He has successfully led the process of establishing the new bank, obtaining licensing, recruiting a strong executive team and setting policies and procedures. Prior to this appointment, Mohamed was Vice President, responsible for Business Banking Development at Wells Fargo Bank, USA. In that role, he oversaw a significant expansion of the bank operations in California, USA. Before joining Wells Fargo Bank, Mohamed was Senior Regional Manager at Fremont Bank and World Savings Bank, USA. He was led engagement teams that provided professional accounting, auditing and financial consulting services to clients. He managed successfully a number of operational and business areas. Mohamed received a PhD from Berkeley University, a DBA from California Western University, as well as an MBA in Finance and International Business from Lincoln University.



ABDULLAHI AWAD
Chief Financial Officer (CFO)


A senior financial manager with over 17 years of experience in the field of financial & management accounting, budgeting, forecasting, Investment appraisal, liquidity management, cash flow management, external & internal auditing, tax planning & computations, working capital management and with proven ability to manage a vibrant finance department. Prior to joining Dahabshil Bank Abdullahi was Group CFO for the conglomerate Dahabshiil Group where he managed the finances of over four hundred Offices in 133 countries worldwide. Abdullahi Holds an MBA from WIU, a BSC in accounting and Management, and a host of financial diplomas and certificates



STEPHEN JEBARAJ. N
Operations Manager


Stephen is matured banker with over 25 years of diversified experience in international banking. As a head of business, he is responsible for retail and corporate banking as well developing suitable products to enhance retail and corporate business for DBI. Before joining DBI, Stephen was working as Senior Manager (operation) for International Bank, Djibouti from where he got strong understanding of local physiology of retail and corporate market as well as of local banking industry. Stephen started banking career as an Accountant and ladder up to Chief Manager; worked mainly in the areas of business development, risk management, banking operation and customer relations and international trade finance. Stephen is ICWA (Inter) and certified associate member of Indian institute of bankers since 1992.



OSMAN DUALLE AHMED
Head of Business and Operations


Osman Dualle, is senior banker with extensive banking experienced in Marketing, Business Development, Banking operations, Retail, Corporate and quality Customer Service. As Head of Operations, he is responsible for building the operational base and branch network of Dahabshil Bank International (DBI). Before joining DBI, Osman was Head of Banking Operations at Kenya Commercial Bank (KCB), Kenya, where he played a major playing in setting up two KCB subsidiaries (S&L and KCB ) in Tanzania. As Head of Islamic Banking at KCB Tanzania, Osman developed and launched successfully three Murabaha-based asset products. Osman is a qualified ACIB Accountancy and Management (London) and has a Bachelor of Commerce degree from the University of Nairobi.



ALI IDRIS
Head of Internal Audit and Compliance


Ali Idris is professionally qualified auditor. Prior to his joining DBI, as Chief Internal Auditor, he was the Corporate Internal Auditor of Dahabshiil FZCO (Dahabshiil Group). He also served as a Senior Associate in Assurance and Business Advisory Services at PricewaterhouseCoopers. Ali has an excellent portfolio in assurance, financial reporting, financial analysis, application of International Financial Reporting Standards (IFRS) and International Standards of Auditing (ISA). He has a profound understanding and documenting a wide variety of accounting information systems and analyzing and designing internal control systems to include both preventive and detective controls. Ali Idris is a qualified Chartered Certified Accountant and has a Bachelor of Commerce degree from University of Nairobi.



VACANT
Head of Treasury




AHMED SABIR
Head of Investment


Ahmed Sabir, a seasoned banker, is responsible for treasury and investment banking operations at DBI. Prior to his joining DBI, he was Treasury Manager in Women Finance Trust (KWFT), a registered deposit-taking microfinance company in Kenya. Previously, Ahmed headed the Treasury Department of Prime Bank Kenya. In that role, he implemented a major restructuring of the Department which brought about a significant improvement liquidity management of the bank. He started his career at Kenya Commercial Bank (KCB), the largest financial institution Kenya with regional presence in East Africa and Southern Sudan. Ahmed, who is a member of ACI-Kenya and AKIB, has an MA in Economics from Kenya University. He has diplomas in corporate governance, and regulatory compliance and risk management.



H IBRAHIM DIRIR
Head of IT


As head of the IT Department of DBI, H Ibrahim Dirir has successfully implemented a core banking system for the bank and is currently managing the new banks IT strategy. Prior to his appointment to this position, Dirir was a business Manager at Sun Microsystem, where he provided technical consulting service to wide variety of Software and solution products. Dirir's other jobs included a programmer at Symantec, Technical Analyst and Manger at HP. He has a BS in Computer Science and MS in Project Management from Oregon State University, USA. He received specialized training in software compliance (London, UK) in 2006; and project management (Boston University) in 2007; and Consulting and Customer Service at (Palo Alto, CA) in 2004.



MADHI MOHAMED
Head of Credit


Mahdi, who is an experienced credit analyst, is Credit Manager of DBI, responsible for credit risk management. Prior to joining DB, was Head of the Credit Department the Credit Agricole Indosuez Bank in Djibouti. Prior to joining DBI, served as Finance Manager and Board Director for a number of companies, including Libya Oil, Shell Djibouti, Horizon Petroleum as well as a projects funded by the World Bank, African Development Bank and Islamic Development Bank. A graduate of the University of Auvergne, France, with a Master degree in Accounting and Finance, Mahdi is currently pursuing a PhD course in Banking & Finance.



YUSUF ALI
Head of Marketing & Strategies


Yusuf is the Head of Marketing and Strategic partnerships. He is responsible for marketing, business development and managing strategic alliances. Yusuf has a solid background in developing business strategies, product development, and marketing and investor relations. He has experience in strategic planning and business process improvement. Prior to joining DBI, Yusuf was Director of Business Development and Marketing for a regional airline based in the UAE. In that role, he arranged important strategic alliances with international and regional partners. He also successfully managed the sale of a significant equity stake to an international private equity group. Previously, Yusuf's work experience included time with an investment firm in the UK, and a trading house in Canada. Yusuf holds an MBA from University of Kent at Canterbury and a BA (Hon) from University of Greenwich, UK and received various training in financial management, investment analysis, project finance and international trade.






   
MOHAMED EL SHAZLY
Islamic Banking Advisor


Shazly is a senior executive banker with 40 years professional banking experience with MashreqBank, UAE and Bankque De Caire, Egypt. Shazly, during his 28 years in MashreqBank, set up Wealth Management, Liabilities and Deposit, Large Corporate, Real Estate and Bullion Divisions and was member of ALCO, Credit Committee and National Anti-Money Laundry. Prior to joining DBI as Islamic Banking Advisor, Shazly worked as Consultant in setting up "Badr Islami" (Mashreqbank Group) and Etejari Al Islami (Commercial Bank of Dubai). Shazly, as a part of his consultancy work has developed various Islamic banking products like Ijarah Muntahia, Bittamleek, Ijarah Mawsufa, Fi Zimaah and Mudara and Mutlaqah. He is also expert in developing Islamic Bank's organization structure, recruitment and help in staff training as well as prepares policies and procedure for Islamic products. He is BSc in Commerce and banking diploma from Cairo Egypt and running his own consultancy business ("Al Futouh Consultancies Est.") for Islamic Financials Institution.




 
 
Newsletter sign-up
* Name :
* E-mail :
Submit  
Currency Converter

Disclaimer : For your convenience only. Please contact the bank for official transaction rates.

Convert: From This Currency: To This Currency:
Submit Result:  
News

Inagural Sharia Board Meeting
Inagural Sharia Board Meeting....... Inagural Sharia Board Meeting....... Inagural Sharia Board Meeting....... Inagural Sharia Board Meeting..........