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Bank of Beirut SAL (BOB.BY)

BOB.BY on Beirut Stock Exchange

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7 Aug 2019
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Summary

Name Age Since Current Position

Salim Sfeir

1993 Executive Chairman of the Board, Chief Executive Officer

Fawaz Naboulsi

66 1993 Deputy Chief Executive Officer, Executive Member of the Board

Adib Millet

1999 Non-Executive Vice Chairman of the Board

Roger Dagher

2015 Chief Financial Officer

Sophoklis Argyrou

2015 Chief Executive Officer - Bank of Beirut (UK) Ltd. – U.K.

Miltos Michaelas

Chief Executive Officer, Bank of Sydney Ltd Australia

Elie Nakouzi

Chief Executive Officer of Bank of Beirut Sultanate of Oman

Karl-Friedrich Rieger

General Manager - Bank of Beirut UK Ltd, Frankfurt - Germany

Gaby Andari

2011 Chief Information Officer

Fouad Chaker

2018 Senior Executive Officer - Business Development Manager

Hikmat El Bikai

2018 Senior Executive Officer – Credit & Legal Affairs

Balsam Al Khalil

Chief Representative Officer, Representative Office UAE & Qatar

Georges Aouad

2005 Director Consumer Banking

Camile Chidiac

Chief Representative Officer, Nigeria & Ghana

Walid Gholmieh

Country Manager, Bank of Beirut s.a.l. Cyprus

Said Haddad

2018 Manager - Credit Recovery & Legal Department

Eddy Khoury

2018 Director - Head of Commercial Banking Division

Alexandre Moujaes

2012 Head - Global Markets Division

Dany Nassar

2008 Group Head - Compliance

Bassem Nohra

2018 Head - Group Internal Audit

Antoun Samia

Head - Group Risk Management Department

Henri Tabet

2018 Head - Central Support Services

Lara Saba

2018 Corporate Secretary

Antoine Abdel Massih

1993 Non-Executive Member of the Board

Anwar Al Khalil

2002 Non-Executive Member of the Board

Sarkis Nassif

2018 Non-Executive Member of the Board

Rashid Al Rashid

2010 Non-Executive Independent Member of the Board

Pierre Gaspard

2017 Non-Executive Independent Member of the Board

Krikor Sadikian

2011 Non-Executive Independent Member of the Board

Ramzi Saliba

2016 Non-Executive Independent Member of the Board

Robert Sursock

2016 Non-Executive Independent Member of the Board

Antoine Wakim

2011 Non-Executive Independent Member of the Board

Hilda Melki

IR Contact Officer

Biographies

Name Description

Salim Sfeir

Dr. Salim G. Sfeir serves as Executive Chairman of the Board, Chief Executive Officer of Bank Of Beirut S.A.L Dr. Salim G. Sfeir serves as Chairman and Chief Executive Officer of Bank of Beirut S.A.L since 1993; after acquiring a minor banking institution with 5 branches ranked 35th by assets in the Lebanese banking sector along with a group of seasoned investors. Since then, Dr. Sfeir has had an active role in leading Bank of Beirut through both prosperous and challenging times and establishing its current status as a leading and widely recognized bank in Lebanon and the region. In June 2019, Salim Sfeir was unanimously elected as chairman of the Association of Banks in Lebanon. Dr. Sfeir launched his banking career in 1971 with Bank of Nova Scotia, Beirut. He later held the position of Deputy General Manager with Banque de la Mediterranée from 1980 to 1983. In 1983, Dr. Sfeir founded Wedge Bank (M.E.) s.a.l., Beirut, and took on the role of General Manager and Board Member until 1989. In 1987, he was appointed General Manager - Chief Executive Officer at Wedge Bank (Switzerland) S.A. and remained in that position until 1991, after which he was appointed Vice Chairman in January 1992. Dr. Salim G. Sfeir holds a Bachelor of Science Degree in Economics from the University of Montreal, in addition to a Masters of Business Administration Degree from the University of Detroit. Dr. Sfeir received several honors and awards, including, in April 2014, an Honorary Doctorate in Business and Commercial Science from Holy Spirit University of Kaslik and in 2017 an Honorary Doctorate in Humane Letters Honoris Causa from the Lebanese American University (LAU).

Fawaz Naboulsi

Mr. Fawaz H. Naboulsi serves as Deputy Chief Executive Officer, Executive Member of the Board of Bank Of Beirut S.A.L since 1993. He began his banking career in 1978 with the Fidelity Bank (USA), ultimately reaching the position of Vice President - Head of the Middle East Division. In 1989, he joined Bank of Oman as the Chief Executive Officer of their British operations in London. In 1993, Mr. Naboulsi was appointed as Deputy Chief Executive Officer of Bank of Beirut and assumes a critical part in the executive management and monitoring of the bank’s key business functions, which saw Bank of Beirut grow to become one of the leading banks in Lebanon. Mr. Naboulsi is also a Member of the Board Risk Management Committee, the Compliance Committee and the Board Credit Committee. Fawaz H. Naboulsi holds a degree in Business Administration from the University of London.

Adib Millet

Mr. Adib S. Millet serves as Non-Executive Vice Chairman of the Board of Bank Of Beirut S.A.L. Mr. Millet is a highly reputable industrialist who also has a vast banking experience for having held the position of the Chairman of the Board of Directors of Transorient Bank s.a.l. until November 1998, and for being a member of the Board of Bank of Beirut s.a.l. since 1999. Mr. Millet is currently the Chairman of Gimble Ltd. & Frobisher Ltd. in London, England and former Director of Millet Textiles and Sprintex, Ghana.

Roger Dagher

Mr. Roger Dagher serves as Chief Financial Officer of Bank Of Beirut S.A.L. Mr. Roger Dagher has over 26 years of banking experience. He joined Bank of Beirut in 2004 as the Group Chief Financial Officer. Before joining Bank of Beirut, from 1991 till 2004, Roger Dagher worked with the Banking Control Commission (the Lebanese Banking Supervisory Authority). His last position was the “Head of the Off-Site Supervision”. He holds a Master degree in Banking and Finance and a BA in Law and speaks 3 languages. He is also a visiting Professor at University of Holy Spirit – Kaslik (USEK) for “Master in Business Administration-Banking Operations and Management”.

Sophoklis Argyrou

Mr. Sophoklis Argyrou serves as Chief Executive Officer - Bank of Beirut (UK) Ltd. – U.K. of the Company. Prior to joining Bank of Beirut UK, Sophoklis Argyrou had worked for 14 years for the UK Branch of Laiki Bank Group (The Cyprus Popular Bank Public Co Ltd.) in various Senior Management positions, and between 2006 and 2013 led the Bank as its General Manager and Top UK Executive as approved by the UK PRA and FCA. Mr Argyrou also served on the Boards of the Publicly Listed Lombard Bank Malta PLC and the Board of the UK Holding Companies of MTB Bank Ukraine, both Laiki Group Subsidiaries. During 2011-2013. Mr Argyrou also served as a member of the Group Executive, ALCO and Credit Committee of the Laiki Bank Group and co-ordinated the wholesale banking operations of the Group out of the UK and led project financing in Eastern Europe where the Group had local subsidiary presence. Before moving into Banking, Mr Argyrou began his career in Accounting and Finance working for Coopers & Lybrand where he qualified as an Accountant. Mr. Argyrou then joined Bank of Beirut (UK) Ltd in January 2015 and assumed the role of Managing Director and CEO in March 2015, following approval by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) of the UK. As Managing Director, he Chairs the Management Committee of the Bank, serves as a member of the Main Board and the Board Credit Committee and is a permanent invitee of the Board Audit, Risk & Compliance Committee. Mr. Argyrou has more than 20 years’ experience in Banking and Finance. Mr. Argyrou is a Fellow of the Association of Chartered Certified Accountants in the UK, has an MSc Degree in Internal Auditing & Management from City University Business School London and is also Chartered Member of the Chartered Institute for Securities & Investments of the UK.

Miltos Michaelas

Elie Nakouzi

Karl-Friedrich Rieger

Gaby Andari

Mr. Gaby F. Andari serves as Chief Information Technology of Bank Of Beirut S.A.L since January 2011. He has more than 20 years of Information technology experience in the high-tech and financial services industries. Prior to joining the bank, Mr. Andari was the Vice President and CIO of Canada's largest registered education saving plan, the Canadian Scholarship Trust Plan. Mr. Andari holds a bachelor degree in computer science from Louisiana State University.

Fouad Chaker

Mr. Fouad Youssef Chaker serves as Senior Executive Officer - Business Development Manager at Bank Of Beirut S.A.L. Mr. Fouad Youssef Chaker has over 30 years of experience with respect to Commercial Banking, Trade Finance and Branch Management. With his excellent leadership abilities and financial, analytical and statistical skills, he successfully holds the position of Senior Executive Officer – Business Development Manager in Lebanon & Abroad. He joined Bank of Beirut as Senior Executive Officer in 1995 and was a manager in Byblos Bank prior to that, from 1976 to 1994. Mr. Chaker received his Bachelor of Arts degree from St. Joseph University in Business Administration.

Hikmat El Bikai

Mr. Hikmat H. El Bikai serves as Senior Executive Officer – Credit & Legal Affairs at Bank Of Beirut S.A.L. He oversees credit banking activities in Lebanon and abroad and monitoring the corporate and retail loan portfolio to ensure compliance with credit risk rules and regulations. His banking career commenced at Banque Saradar S.A.L. in 1982 before moving to Credit Commercial du Moyen Orient S.A.L. (CCMO) in 1989. Mr. El Bikai has a Master’s degree in Business Administration (Banking & Finance) from St. Joseph University, Beirut.

Balsam Al Khalil

Georges Aouad

Mr. Georges W. Aouad serves as Director Consumer Banking at Bank Of Beirut S.A.L since 2005. He has more than 30 years of solid experience in business development, retail banking, operations and marketing, Mr. Georges Aouad joined Bank of Beirut in 1998 and righteously established the Business Development Department in 2003 before being appointed Director of Consumer Banking Division in 2005. Prior to joining Bank of Beirut, he worked with BLOM Bank and Banque du Credit Populaire where he was part of the team who have put in place the “Manuel de Procedure”. In addition to his notable banking experience, Mr. Aouad has also been a Professor of “Financial Mathematics” and “Economie & Organisation des Entreprises” at the Holy Spirit University where he is currently an MBA lecturer in Retail banking. Mr. Aouad holds Bachelor of Science (BS) in Business & Economics from the Holy Spirit University, Kaslik-Lebanon.

Camile Chidiac

Walid Gholmieh

Said Haddad

Mr. Said A. Haddad serves as Manager - Credit Recovery & Legal Department of the Company. Mr. Said Haddad has been holding the position of Manager of Recovery & Legal Department at Bank of Beirut for more than 10 years. His 39 years of banking experience comprise various positions at renowned financial institutions. Amongst other positions, he was the Recovery Director at Société Générale De Banque Au Liban and a Regional Manager at Globe Bank. Mr. Haddad received both a Bachelor of Business Administration and a Masters in Finance & Banking from St. Joseph University.

Eddy Khoury

Mr. Eddy J. Khoury serves as Director - Head of Commercial Banking Division at Bank Of Beirut S.A.L. Mr. Eddy Khoury has around three decades of banking experience. He joined Bank of Beirut in 2005 to lead the Corporate Department. He currently heads the Commercial Banking Division, using his expertise and background to reinforce the Bank’s leading position. Mr. Khoury’s career commenced in 1988 with “Banque du Credit Populaire s.a.l.” In 1991, he moved to Byblos Bank, where he held different positions such as: Senior Relationship Manager, Team Leader, and Head of Trade & Manufacturing Unit within the Corporate Department. Mr. Khoury received his Master’s degree in Applied Economics, from Université Saint Joseph de Beyrouth and has attended over 70 seminars in house, with the Association of Banks in Lebanon, in Europe and the Arab countries. He also has a certificate in Leadership Management from Georges Washington State University.

Alexandre Moujaes

Mr. Alexandre Moujaes serves as Head - Global Markets Division at Bank Of Beirut S.A.L since 2012. Mr. Alexandre Moujaes has over 28 years of banking experience, 20 of which were spent with Bank Audi (Audi Saradar Group) in Paris, France, covering several senior managerial positions in Capital Markets, Treasury, Asset Management and Private Banking. Mr. Moujaes joined Bank of Beirut SAL, in November 2009, as Senior Manager/Head of Corporate Treasury Department and was promoted in 2012 to Head of Global Markets Division. He holds a D.E.S. in Economics from USJ Beirut and is an AMF accredited securities officer. He has participated in a number of seminars and training programs at Banque de France & La Commission de Contrôle BDF on Risk Management, Derivative products and Capital Markets

Dany Nassar

Mr. Dany Nassar serves as Group Head - Compliance at Bank Of Beirut S.A.L Mr. Dany Nassar has over 17 years of banking experience, particularly in the Internal Audit and Compliance functions. He has joined Bank of Beirut in 2008, as the Group Head of Compliance with overall responsibility for coordinating the management and supervising the Compliance activities of Bank of Beirut Group. Prior to that, he worked in the United Arab Emirates with BLC Bank and got promoted to Head of Compliance at BLC Bank SAL in Beirut, Lebanon. Mr. Nassar holds a Master’s degree in Business Administration (MBA) from Saint Joseph University –in partnership with Paris 1 Pantheon – Sorbonne University and Paris Dauphine University. He also acquired several certifications: Certified Anti-Money Laundering Specialist (CAMS), Certified Internal Auditor (CIA), Certified Information System Auditor (CISA), Certified Fraud Examiner (CFE), Certified in Control Self-Assessment (CCSA), and Certified Investment and Derivatives Auditor (CIDA). Mr. Nassar is member of the Association of Certified Fraud Examiners (ACFE), the Association of Certified Anti-Money Laundering Specialists (ACAMS), the Institute of Internal Auditors (IIA), and the Information Systems Audit and Control Association (ISACA).

Bassem Nohra

Mr. Bassem Nohra serves Head - Group Internal Audit at Bank Of Beirut S.A.L He has joined the Internal Audit team of Bank of Beirut in 1999 and is leading the Internal Audit Division of Bank of Beirut Group since 2008. Mr. Nohra is a member of several associations, as he is an ex-board member and secretary of the Institute of Internal Auditors (IIA) Lebanon Chapter, a member of the Information Systems Audit and Control Association (ISACA), an ex-Chairperson of the Audit Committee of Lebanon chapter, a member of the Global Association of Risk Professionals (GARP) and a member of the Association of Certified Fraud Examiners (ACFE). Mr. Nohra holds an MBA in Financial Management from University of Bordeaux IV (France). He is a Certified Internal Auditor (CIA), a Certified Information Systems Auditor (CISA), a Certified Fraud Examiner (CFE), a Certified Quality Management Systems Internal Auditor (IRCA), Certified in Risk and Information Systems Control (CRISC), and Certified in Risk Management Assurance (CRMA).

Antoun Samia

Mr. Antoun I. Samia serves as Head - Group Risk Management Department of the Company. He has been Head of Group Risk Management at Bank of Beirut SAL with oversight of the Bank’s foreign entities’ risk functions mainly in Australia, United Kingdom, Germany and Oman. He is an experienced risk executive with nearly 15 years in the risk management functions spanning market/liquidity risks, middle office, operational risk and credit risk. He also serves as a non-executive director at Bank of Beirut (UK) Ltd, and is a member of its Board Audit, Risk & Compliance Committee. In 2000, Mr. Samia joined the banking sector from its investment arm in the area of economic/company research and equity/bond analytics at BLOMINVEST Bank. He moved to the co-establishment of the Risk Management Department at BLOM Bank in early 2004. Mr. Samia received his MBA/Finance from the American University of Beirut (2001) and holds a Bachelor of Engineering/Civil from the Lebanese American University (1997). He also enrolled in the CFA institute program (2001-2004) and passed levels 1 and 2.

Henri Tabet

Mr. Henri E. Tabet serves as Head - Central Support Services at Bank Of Beirut S.A.L. With over 30 years of banking experience, Mr. Henri Tabet currently holds the position of Head of Central Support Services at Bank of Beirut. He has been a member of Bank of Beirut family for more than 16 years and previously held the position of Chief Administration Officer for three years. Mr. Tabet perfected his administrative and operational skills during his work with Citibank and Wedge Bank (M.E.) s.a.l. He also has a Bachelor of Arts degree in Business Administration from St. Joseph University.

Lara Saba

Ms. Lara A. Saba serves as Corporate Secretary of the Company. She has been corporate secretary at Bank of Beirut S.A.L. since July 2018. Ms Saba has an extensive knowledge & experience in Performance Management and Remuneration Practices since she first started her career in 2008 at Byblos Bank. She then moved to Bank of Beirut to establish the Organizational Performance Unit. Ms Saba holds a Masters of Business Administration (MBA) From the American University of Beirut and a Bachelor degree in Banking & Finance from the University of Balamand. She is also a certified Corporate Director by the IFC.

Antoine Abdel Massih

Mr. Antoine A. Abdel Massih serves as Non-Executive Member of the Board of Bank Of Beirut S.A.L since 1993. Mr. Abdel Massih is an accomplished industrialist, founding various Formica and furniture manufacturing plants in Lebanon and the region. In 1972, he founded Puriplast s.a.l., an industry leader in the Formica manufacturing industry; and as Chairman and Chief Executive, he commands four plants that span across Lebanon, Jordan and Egypt. Mr. Abdel-Massih is also a major shareholder in LOMA S.P.A., Italy.

Anwar Al Khalil

H.E. Anwar Mohammed Al Khalil serves as Non-Executive Member of the Board of Bank Of Beirut S.A.L since 2002. He was elected Member of Parliament for five consecutive terms spanning from 1992 until 2013. He was also Minister of State for Parliamentary Affairs (1992-1994), Minister of State for Administrative Reform (1994-1996), Minister of Information (1998-2000), and Minister of Displaced (1998-2000). H.E. Anwar M. El-Khalil is a well-established businessman as he owns and chairs a number of companies in Lebanon and abroad. He held the position of Managing Director of M. El-Khalil Transport Ltd., Nigeria from 1958 to1960. He has been the Chairman of Seven-Up Bottling Co., Nigeria since 1972, the Chairman of M. El-Khalil & Sons (Properties) Ltd., Nigeria since 1960, and the Chairman of MAK Holdings Ltd. since 2002. When it comes to his career in the Banking sector, H.E. Anwar M. El Khalil held the position of Chairman - General Manager of Beirut Riyadh Bank s.a.l. from 1995 till 2002, in addition to being the President of the Union of Arab Banks for the period spanning from 1983 until 1989. H.E. Anwar Mohamad El-Khalil is a Barrister at Law from LLM – London University and a member of the Honourable Society of the Middle Temple - London.

Sarkis Nassif

Mr. Sarkis K. Nassif serves as Non-Executive Member of the Board of the Company. He serves as a non-executive Member of the Board of Bank Of Beirut S.A.L since September 2018. He, through HPG Urban Developments PTY LTD (HPG), currently holds 5% of the share capital of Bank of Beirut SAL. Mr Nassif is the founder and Chief Executive Officer of Holdmark Property Group, a diversified property development, investment, and construction group based in New South Wales, Australia. It has evolved one of Australia’s leading private property development companies. Mr Nassif has overseen the successful completion of hundreds of projects since the family business was founded in 1988.

Rashid Al Rashid

Mr. Rashid S. Al Rashid serves as Non-Executive Independent Member of the Board of Bank Of Beirut S.A.L since 2010. He is also a Member of Arab National Bank’s Board of Directors. Arch. Rashid S. Al Rashid has been a Partner and General Manager of Real Estate and Investment Division in Al Rashid Trading & Contracting Company since 1976. He is also the Chief Executive Officer of both Rashid S. Al Rashid Sons Ltd. and Rashid S. Al Rashid Architectural Consulting Engineers. In addition to being one of the founding partners and General Manager of Arch Centre for Architectural Designing Rashid S. Al Rashid holds a Bachelor of Architecture from Oregon University, USA.

Pierre Gaspard

Mr. Pierre A. Gaspard serves as an Non-Executive Independent Member of the Board of Bank Of Beirut S.A.L since 2017. He also chairs Bank of Beirut’s Board Risk Management Committee and is a member of the Board Compliance Committee. Mr. Gaspard was formerly Advisor to the Chairman and Board Member of Saradar Bank. Throughout his 35-year career in the finance industry, Mr. Gaspard held senior executive positions in several local and international banks namely in the fields of Treasury and Capital Markets. Pierre A. Gaspard holds a Bachelor of Business Administration from the American University of Beirut and a Master of Business Administration from California State University.

Krikor Sadikian

Mr. Krikor S. Sadikian serves as an Non-Executive Independent Member of the Board of Bank of Beirut S.A.L since 2011. As a former equity partner at Deloitte & Touche Middle East, with 42 years of experience in audit and financial advisory, Mr. Sadikian currently holds the position of Chairman of Bank of Beirut’s Board Audit Committee, in addition to his role as a member of the Board of Remuneration and Nomination Committee. Mr. Sadikian holds a Bachelor of Business Administration from American University of Beirut.

Ramzi Saliba

Mr. Ramzi N. Saliba serves as an Non-Executive Independent Member of the Board of Bank Of Beirut S.A.L since 2016. Mr. Saliba began his banking career with Citibank N.A in 1975 and was then assigned as Head of its Corporate Banking Group to Citibank Maghreb S.A until 1982. In 1983, he joined Bank Med s.a.l as a Deputy General Manager and was appointed as a Managing Director General Manager. In 2003, Mr. Saliba joined Audi Saradar Group as Head of Corporate Banking and as an Executive Director General Manager for Audi Saradar Investment Bank s.a.l. Mr. Ramzi Saliba also held the position of Executive Director General Manager at BIT Bank s.a.l from 2013 and until 2015. He holds a BA degree from Emory & Henry College, Virginia, USA.

Robert Sursock

Mr. Robert K. Sursock serves as an Non-Executive Independent Member of the Board of Bank Of Beirut S.A.L since 2016. He is also Member of the Board's Audit Committee, Remuneration, Nomination and Compliance Committee. Robert K. Sursock spent 25 years at Banque Arabe et International d’Investissement, 12 of which as CEO. He established PrimeCorp Finance S.A. in 1997 where he held the position of Chairman and CEO. He was also the Chairman and CEO of Gazprombank Invest MENA from 2009 until May 2015. Robert K. Sursock studied Hautes Etudes Commerciales at Université de Lausanne.

Antoine Wakim

Mr. Antoine Y. Wakim serves as an Non-Executive Independent Member of the Board of Bank Of Beirut S.A.L since 2011. He also chairs Bank of Beirut’s Compliance Committee. Mr. Wakim was the General Manager of Allianz SNA from 1998 till 2007, in addition to various senior management roles in other insurance companies across Lebanon and the Middle East. Antoine Y. Wakim studied at Universite de Lausanne and completed the Advanced Management Programme at INSEAD. He is also a member of the International Actuarial Association (IAA) and the Association des Actuaries Suisses.

Hilda Melki