(Amman – January 2017)- Bank of Jordan Board Chairman and CEO, Mr. Shaker Tawfiq Fakhouri relinquished his managerial role – as CEO, but will continue to serve as full-time Board Chairman. The resignation, effective January 12th, 2017, reflects the Bank's commitment to implementing best corporate governance practices and banking laws and regulations. The Board accepted Mr. Fakhouri's resignation and appointed Mr. Saleh Rajab Hammad as Acting General Manager as of January 13th, 2017.
Mr. Hammad enjoys extensive experience in the banking industry. He joined Bank of Jordan in 1994, and has assumed several senior managerial posts ever since. Most recently, he served as AGM/Chief Risk Officer of the Compliance and Risk Management. Mr. Hammad is also the Board Chairman of Jordan Leasing Company and Vice Chairman of Excel for Financial Investment CO. He also sits on the boards of Al-Ekbal Investment Co. Bank of Jordan-Syria, and the Association of Banks in Jordan. It is worth noting that Mr. Hammad holds a B.Sc. in Computer Science from the University of Jordan, 1985, and has been granted several professional certificates including CORE and CCO.