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AlRayan Bank announces new Group CEO

<p>Doha, Qatar: AlRayan Bank announces that effective September 30 2026, Fahad Al Khalifa will conclude his tenure as Group Chief Executive Officer and transition to the role of Advisor to the Chairman.</p> <p>AlRayan Bank is pleased to announce the appointment of Usman Ahmed as its new Group Chief Executive Officer. The appointment has received the required approval of Qatar Central Bank.</p>…

AlRayan Bank announces new Group CEO

Doha, Qatar - AlRayan Bank has announced that Fahad Al Khalifa will step down as Group Chief Executive Officer (GCEO) on September 30, 2026, and assume the role of Advisor to the Chairman. The bank has appointed Usman Ahmed as its new GCEO, following approval from the Qatar Central Bank. Ahmed boasts over 30 years of international banking experience spanning the Middle East, Asia, and Europe.

Before joining AlRayan Bank, he held key leadership positions at National Bank of Bahrain, Citigroup, including roles as CEO in Malaysia and Bahrain, Qatar, and as Global Head of Citi Islamic Banking. His expertise covers corporate and investment banking, capital markets, commercial and consumer banking, Islamic finance, and strategic transformation.

Ahmed is set to begin his duties after completing the required joining formalities, with Omar Al Emadi serving as Acting GCEO from October 1, 2026, in addition to his existing role as Group Chief Operations and Administration Officer. AlRayan Bank's Chairman, H E Sheikh Mohamed bin Hamad bin Qassim Al Thani, expressed satisfaction with the appointment, highlighting Ahmed's qualifications for leading the bank into its next phase of development.

The Chairman thanked Al Khalifa for his leadership during his tenure and looked forward to further benefiting from his experience in his advisory role.

Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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