Inovest appoints Al Jar acting CEO

Manama : Inovest yesterday announced naming Yasser Al Jar as its Acting Chief Executive Officer. 

Having served the Group as Chief Financial Officer, Al Jar has in-depth knowledge of the Group’s structure, investment orientation and plans for strategic development.  Al Jar’s career spans 19 years of focused experience in the fields of Islamic Investment Banking, Assurance Services, Commercial and Investment Banking, and Real Estate.  

Prior to joining the Inovest team, Al Jar served in key controller positions in several reputable financial institutions, including Shamil Bank of Bahrain, Qatar First Investment Bank, and Arthur Andersen.  Al Jar has the distinguished credentials of having worked in the Islamic banking sector on numerous levels, from dealing and interacting with different type of Islamic products, to financial and investment structures capped with a sound understanding of Shari’a (Islamic) principles in respect of the Islamic banking. He further sits on the Boards of a number of real estate and construction-based companies.  In regard to professional memberships, Al Jar is a member of the Technical Advisory and Interpretations Committee of AAOIFI.

Dr. Omar Al Mutawa, Chairman of Inovest’s Board of Directors noted, “Yasser has shown excellent leadership skills in his previous role, and we believe that despite recent challenges, the Group will achieve much greater milestones.”