In his last role as CEO of Al Rajhi Bank Malaysia (subsidiary of one of the largest Islamic Banking Groups in the world), he set up a Greenfield project in Malaysia with complete embedded Wholesale, Retail and Investment Banking strategies. Within five (5) years in operations, the bank established 24 branches spread across the country, an enviable customer base of 200,000 and an approximate balance sheet size of $ 2 billion. The bank was profitable for the last three (3) consecutive years of his tenure. The bank also won several awards in this short period since inception.
Mr. Ahmed was the former Managing Partner of Israa Capital, an Islamic advisory firm based in Dubai with a branch office in Malaysia. At Israa Capital, he was involved in several banks’ due diligences, merger negotiations and strategic duties for development institutions. He is also the International Finance Corporation’s Nominee Director at the ASEAN Financial Innovation Network (AFIN). In addition, he was previously on the Board of Al Baraka Bank Pakistan Limited, where he held the position of Chairman of the Remuneration and Nomination Committee, as well as a member of its Board Risk Committee.
