BMI gets new head of compliance

BMI Bank announced the appointment of Bahraini Sumaya Redha to the post of Head of Compliance. Sumaya, who joins BMI Bank from her previous position as Head of Compliance at Seera Investment Bank, will be responsible to review, plan and direct the Bank’s compliance and regulatory requirements in line with its commitment to ensure adherence to high levels of controls and transparency.

“As a responsible Bahraini Bank, both the Board and the Management are committed to ensure high standards of honesty and integrity are inculcated within our corporate culture as we continue to grow our business and brand in line with our strategy. The importance to comply and operate within regulatory requirements at BMI Bank is second to none and with over 10 years of experience in managing and monitoring Compliance, Sumaya brings the right levels of professionalism and experience to the Bank that we have been looking for. I am pleased to welcome Sumaya to our family and look forward to her contribution towards building a stronger compliance culture within the Bank,” Jamal Al-Hazeem, Chief Executive Officer of BMI Bank, said.

Prior to her role at Seera Investment Bank, Sumaya was a Manager Assistant Compliance Officer and Deputy Money Laundering Reporting Officer (MLRO) at BBK. Sumaya started her career with PriceWaterhouseCoopers before joining BNP Paribas Bahrain where she advanced to become the Bahrain Group MLRO. Sumaya, who was the first certified Bahraini Anti Money Laundering (AML) specialist (CAMS) is also a Financial Risk manager (FRM).