Solidarity Bahrain announces the promotion of Mr. Yaser Al Hammadi to the position of “Assistant General Manager”

Solidarity Bahrain announces the promotion of Mr. Yaser Al Hammadi to the position of “Assistant General Manager”

Solidarity Bahrain B.S.C (Trading Code: SOLID), one of the largest insurance companies in the Kingdom of Bahrain and a subsidiary of Solidarity Group Holding B.S.C (c), announces the promotion of Mr. Yaser Al Hammadi to the position of “Assistant General Manager – Compliance and Risk Management & MLRO”. This promotion comes as a testimony to Solidarity’s vision in supporting career development and its firm confidence in the ability of Bahraini competencies to undertake senior executive positions in the company.

Mr. Yaser is considered one of the most experienced professionals in the insurance sector and financial institutions in the fields of compliance, risk management, anti-money laundering, Corporate Governance and legal affairs as he has various practical experiences and vast knowledge that extends to fifteen (15) years in abovementioned areas. Furthermore, Mr. Yaser is also the Secretary to the Board of Directors and the Data Protection Officer (“DPO”) of the Company.

Moreover, Mr. Yaser holds a Master’s degree in Business Administration from the University of Glamorgan – United Kingdom in addition to a degree in Chemical Engineering from the University of Bahrain, an advanced Diploma in Islamic Banking and Finance from the Bahrain Institute of Banking and Finance and he is a “Certified Insurance Supervisor”, as well as different professional qualifications in the areas of insurance, finance, risk management and anti-money laundering.

On this occasion, Jawad Mohammed, CEO of Solidarity Bahrain, said: “We are pleased to announce the appointment of Yaser Al Hammadi in this senior position and we wish him all the success in the future. This promotion comes as part of our investment in distinguished Bahraini cadres and we are fully confident in Mr. Yaser’s capabilities and competencies to undertake such a vital role in the company. Mr. Yaser has demonstrated over the past ten years high efficiency and professionalism in leading the Compliance and Risk Management department towards achieving the company’s strategic objectives.

Mr. Yaser welcomed this promotion and commented: “I would like to extend my sincere thanks to the executive management of the company for their trust and continuous support.” He also added: “We will continue our hard work and commitment towards achieving the company’s strategic objectives by working with #Team_Solidarity which we are proud to be a part of. “