To further boost its forces and believing in the high qualifications of Bahraini citizens and as part of its Bahrainisation drive, Tharawat Investment House (Tharawat), the latest investment house to operate in Bahrain according to principles of Sharia’a, has been joined by three new Bahraini directors.
The three new additions are Abdul Raoof Al Mehza’a as Director Placement, Abdul Rahman Al Awadhi as Director Placement, and Anwar Ahmed Ali who join the Company in the post of Director Finance.
In a statement, Arif Mohammed Al Alawi, Tharawat Investment House Chief Executive Officer said: “As part of our final preparations in Tharawat to launch our first products shortly, I am pleased to welcome on board this new group of Placement and Finance Directors who are some of the best qualified Bahrainis in their fields. These recruitments are one of the steps that support us to achieve the objectives drawn up by the Board of Directors.”
“Careful selection of members of Tharawat’s team stems from the belief in the extent of the Company’s need for their qualifications and skills, both professional and academic. We consider Tharawat Team as our partners in success which is not only limited to the business we do with our investors but also extends to our staff members. The team spirit is what distinguishes us and makes us different from other financial and investment institutions.” Al Alawi concluded.
The new Managers are highly qualified and experienced; Abdul Raoof Almehza, Director Placement has a wide experience of some 30 years during which he served in leading banks and companies such as Swiss Bank Corporation, Bahrain Islamic Bank (BisB) and Bahrain National Oil Company (Banoco). He has a B.Sc. degree in IT systems from DeVry University of Technology in Dallas, USA and has a Diploma in Human Resource Development from the Japanese Agency for International Co-operation in Tokyo. He also attended several advanced and specialist courses in leading international institutes.
In addition, Almehza has a rich experience in working in the government sector as he worked as Head of Computer Facilities at the Ministry of Finance and National Economy followed by working as Head of Arab Economic Relations. This was followed by working as Director of Administration and Finance at the Ministry of Labor and Social Affairs. The climax of his professional experience was working as Financial Counsellor at the Court of His Highness the Prime Minister.
Abdul Rahman Al Awadhi, Director Placement has a wealth of experience spanning 16 years which he spent working in Bahrain Telecommunications Company (Batelco). His career took him from the Mobile Services Department to Head of Retail Development and Operations and then he became Head of Medium Enterprises Sales.
Al Awadhi has an M.A. in Business Administration from the University of Glamorgan UK after presenting a thesis on “Maintaining Market Leadership to Sustain Growth Customer Centric Approach.” Al Awadhi has a Diploma in Business Administration from the University of Bahrain and a Diploma in Electrical and Electronic Engineering from the US in addition to attending several advanced and specialized courses in leading international institutes.
As for Anwar Ahmed Ali, Director Finance at Tharawat Investment House, he holds a Bachelors of Science in Industrial Management -Accounting Major from King Fahd University of Petroleum and Minerals (KFUPM) in Saudi Arabia, and has a rich practical experience spanning 18 years which he spent working in several companies and institutions such as the National Audi Court, where he headed the Finance Department, and Gulf Air, where he was Manager Accounts Administration, following a post in Al Zamil Group.
At an authorized capital of US$100 million and paid up capital of US$33.25 million, Tharawat was established on 13 August 2008 in the Kingdom of Bahrain under a license as an Islamic investment company. Tharawat operates under the rules and regulations of the Bahrain Central Bank. Tharawat seeks to launch a wide range of investment products designed mainly for GCC, other Arab and Islamic markets. Tharawat targets industrial, agricultural and service sector, with less focus on the property sector.
