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Management Financial

Location:
Burlington, ON, L7M 4S4, Canada
Posted:
August 15, 2013

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Resume:

Ahmed Al-Gebali, MBA, CPA

Senior Advisor to the Board

Strategic and Business planning

First Global Co.

Canada

E-mail ab4qdr@r.postjobfree.com

Canada : 001 905-***-****

I have a remarkable level of experience in the Retail and investment-

banking environment. A leadership experience encompasses key roles in a

number of private equity investment ventures. Including the funding,

launching of green field banks and non-financial companies. I am thoroughly

familiar with business evaluations, investment appraisals and due

diligence. Added value to investments under management reviewing businesses

and organization structures, offering business architecture design

organizing corporate restructuring &, enterprise-wide or process/department

change, well versed in corporate governance and compliance issues,

Extensively used a large menu of financing instruments and structures,

including Islamic structure Finance, Advisor for international Sukuk

Issuance, Experience encompasses investment exits, trade sales and IPO's.

In 2013 appointed as a Senior Advisor to the Minister of Finance for

Islamic Capital Market and Government Sukuk Issuance, Arab Republic of

Egypt. In January 2013 up to date held the position of Senior Advisor to

the Chairman of the Egyptian Business Development Association (EBDA) and

represented EBDA leading the team of expertise developing the Egyptian

Sukuk Law and Executive regulation, Since July 2012 up to date Chairman for

UM Financial Group- Canada.

In December 2010 appointed as Executive Vice President, Group Chief of

Finance & Strategy of Dubai Islamic Bank, and a Board member of DIB

Pakistan. April 2004, I held the positions of General Manager - Financial

Group of Boubyan Bank, Kuwait, and Vice chairman of Boubyan Takaful in June

2006 and Board member of Boubyan Capital in November 2009. Also a senior

vice president of Finance & Information Technology at Global Investment

House Group (Kuwait), Head of Corporate Finance & Advisory and senior vice

president for Corporate Affairs at Gulf Investment House (Kuwait), and vice

president of Research and Studies Department at Kuwait Financial Centre

(Kuwait).

I hold an MBA from International American University of London, also a CPA

from the University of Illinois CPA examination board, USA. B.Com in

Finance from Ain Shams University, Egypt, and a diploma in Computer Science

from American University of Cairo

Previously a technical member in many working group. Such as, the corporate

governance standard working group, and Islamic Money Market working group

of the Islamic Financial Service Board in Malaysia. As well a regular

speaker in international Islamic conferences and seminars, and published

extensively in the field of Islamic banking.

AWARD received "The MENA Revolutionary CFO of the years 2008 & 2011"

Middle East and North Africa

Major professional achievements in career:

I have been in the Investment, commercial Banking over the last 24 years

and have acted as a senior and executive management team member with the

largest and most reputable investment and commercial banks in GCC, my

leadership experience encompasses key roles in several projects on

establishing new banks, companies, businesses and Funds,

projects/initiatives evaluations, business acquisitions, investment

appraisals, enterprise-wide or process/department diagnostic reviews, due

diligence, IPO's business review and organization restructuring studies.

Appointed as:

1. Chairman for Boubyan Bank Corporate Identity Committee. 2005

2. Vice-Chairman Boubyan Insurance company subsidiary of Bank Boubyan

(Kuwait). 2006

3. Chairman for Boubyan Bank System Review Committee. 2007

4. Member of Central Bank of Kuwait Basel II committee for

development Basel II for Islamic Banks in Kuwait. 2007

5. A Team Leader to establishment of Bank of London and Middle East-

London 2007

6. Chairman for Kuwaiti Union Bank CFO Committee. 2008

7. Board member in Boubyan Capital, subsidiary of Bank Boubyan

(Kuwait).2010

8. Chairman of DIB Products Development and enhancement task force.

2011

9. Board member in DIB Pakistan, subsidiary of Dubai Islamic Bank

(Pakistan).2011

10. Chairman Board of Directors in Um Financial Group Canada's Premier

Islamic Financial Institution. 2012

11. A Team Leader and financial Advisor for international Sukuk

issuance equal to USD10 b

12. A professional member of Corporate Governance Working Group.

Preparing the corporate governance standard, which the Islamic

Financial Service Board (IFSB) will Issue for the Islamic banks

and financial institutions. - Islamic Financial Service Board

(Malaysia).

13. A professional member of the Islamic Investment Fund Corporate

Governance Working Group (WG) that will prepare the Transparency

standard, which the Islamic Financial Service Board (IFSB) will

prepare for the Islamic banks and financial institutions. -

Islamic Financial Service Board (Malaysia).

14. A professional member of Islamic Liquidity Management Working

Group (WG) work on the development of a Master Agreement for

documenting privately negotiated Shari'ah Compliant

Hedging/Derivative transactions.- International Islamic Financial

Market (Bahrain).

Dec.2010 to Dec. 2012 Group Chief of Finance and Strategy

. Employer: Dubai Islamic Bank

. Type of business: Islamic

Retail Bank

. Country UAE

Responsible for the:

. Strategic and Financial planning

. Budgeting and forecasting

. Profitability analysis and reporting

. Internal/external financial reporting

. Financial management support for all depts. /units

. Asset/Liability management.

. Investor Relations

Key Responsibilities

. Set a long term group non-performing assets and provision policy

leaded to enhance DIB EPS.

. Developed plans and implement programs to continuously improve group

performance.

. Overseeded the asset liability management program for the group.

Worked closely with the group's management to develop specific

guidelines for asset and liability management.

. Leading the strategic planning process

. Leading the budgeting and forecasting processes of the group.

. To establish a strong financial discipline and accountability

foundation for budgeting and forecasting.

. Worked closely with the CEO, to identify the appropriate growth

strategy, financial analysis and due diligence to enable the group to

reach its strategic goals.

. Ensured that resources, direction and internal controls and financial

processes exist to achieve timely and accurate reporting of all

financial matters to internal and external parties.

. Planned, directed and coordinated the implementation of effective

accounting and financial administration policies, procedures and

reports to ensure sound financial management and control of the group.

. Directed the activities of the financial management or accounting

department of corporate growth and profit objectives. .

. Contributed to the achievement of profit improvement, cost control,

productivity and efficiency.

. Contributed to the achievement revenue growth and expense management

Evaluation of business expansion opportunities.

. Overseeded the Investment Relation function which is accountable for

creating and presenting a consistently applied investment message to

the investment community on behalf of the bank, and for monitoring and

presenting to management the opinions of the investment community

regarding the company's performance.

. Managed external investors (institutions), equity, debt / capital

markets and rating analysts and rating agencies.

. Overseeded the PMO which is responsible for managing entire list of

projects, budgetary allocations, and reporting projects performance on

a periodic basis to all stakeholders concerned .In addition, PMO

function is to ensure proper and successful implementation of projects

and deliverables which are in line with the Bank's strategic goals and

objectives

. Managed tax formalities with the appropriate authorities on a group

level.

. May.2005 - Dec. 2010(5.5 years) General Manager - Financial Group

Group Chief Financial Officer

. Employer: Boubyan Bank

. Country: Kuwait

. Major projects / initiatives/ achievements

. Team Leader for establishing Bank London and Middle East (UK). A

whole sale Islamic bank in United Kingdom. 2007

. Entrusted with the responsibility to Head the Financial Group of

the Bank Creation of financial group within the Bank that

possesses the up to date required international qualifications

as well as Islamic orientation in alignment with Boubyan,

. Guided the Bank in the selection and then implementation of full

Islamic IT solution that involved a lot of customization in

accordance with Bank needs,

. Conceptualized and implemented numerous work around manual

processes to tackle the startup phase work then accelerate data

migration process with seam lined manner,

. Established full financial business performance' solution that

encompassed: Sector's departmental structure, roles and

responsibilities, delegation of authorities, policies and

procedures, and process mapping,

. Participated in organizing and developing the Bank overall

initial business strategy after careful benchmarking and proper

resources allocation,

. Contributed to the bank development and its committees policies,

ALCO, Credit, Investment, Retail Banking, Risk Management,

. Established a 5 year Business plan for the Bank's financial

performance,

. Developed the first Islamic calculator to be used for Islamic

financing pricing,

. Developed Internal fund transfer pricing model,

. Developed Profit calculation and distribution model in

accordance with Islamic Sharia'a, "the first of it is kind"

. Demonstrated the awareness of risk management and proposed

enhancement plan to address potential deteriorating factors,

. Basel II implementation

. Oracle ERP solution implementation to one department in the

Financial Group.

. Mar.2004 - May 2005 Group CFO / CIO

. Title: SENIOR VICE

PRESIDENT - Finance / IT

. Employer: Global Investment House Co.

(Investment Bank)

. Type of business: Investment,

financial Consultants, Managed Portfolio

. Country Kuwait

Essential duties and responsibilities are as follows:

General Management

( Developed a strategic and financial Plan

( Was in charge over the whole departments.

( Ensured efficient utilization of department's resources.

( Provided guidance and support to department's staff.

( Coordinated with other departments.

( Coordinated between various sections within departments.

( Promoted Global's image.

( Attended and participated in the meetings which is authorized or

nominated to attend.

Accounts

( Following-up & reviewing the investigation concerning penalties,

pending accounts, problems and disputes that occur, to ensure

finding prompt and efficient solutions.

( Ensured development and implementation of accounting policies and

procedures.

( Ensured that internal controls are in place.

( Provided support to the long term planning and annual budgeting

exercise at Global.

( Ensured accurate and up-to-date accounting information.

( Ensured internal and external reporting.

( Liaised with banks and auditors.

( Coordinated with other departments on accounting issues.

Information Technology

( Developed a strategic IT Plan.

( Ensured IT standards and policies are in place and remain up-to-

date.

( Ensured security of IT network.

( Ensured that a disaster recovery process is in place.

( Overseeded the procurement, installation and implementation of IT

solution.

( Ensured interruption-free availability of IT infrastructure and

facilities.

( Ensured that IT infrastructure is maintained properly.

. Oct- 98 to Mar.2004 (5.5 years) 1- HEAD OF CORPORATE FINANCE

2- SENIOR VICE PRESIDENT - CORPORATE

AFFAIRS

. Employer: Gulf Investment House Co. (Islamic

Investment bank.)

. Type of business: Investment, financial

Consultants, Managed Portfolio

. Location: Kuwait

Head of corporate finance (Gulf Investment House, Kuwait), with over 6

years of experience in leading consulting and assurance engagements, Also

have considerable experience in financial consulting engagements, including

due diligence, valuation, financial analysis and profit projection, as well

as feasibility studies and preparation of Business Plans, In depth

knowledge of Local and GCC laws and regulations, statutory requirements.

0. For most of Corporate finance & Advisory assignments the following

duties are performed:

*Financial Due Diligence * Business Valuation

* Business Re-engineering * Company Restructuring

* Local Fund Structure * IPO Preparation

< Participated in:

1) Establishing Osoul Financing & Leasing Co. - Kuwait.

2) Establishing Mashaer AL-Haj Co - Kuwait.

3) Establishing Gulf Finance House (GFH) - Bahrain.

4) Establishing Khaleej Real Estate Company (Tameer) - Bahrain.

5) Establishing Khaleej Real Estate Company - Saudi Arabia.

6) Establishing Reef Islamic Mortgage Company - Bahrain.

7) Establishing ARKAN Real Estate Company - Kuwait.

8) Establishing AMAR - Islamic Mortgage Company - Kuwait.

9) Acquisition of HALCORE - Manufacturer of ambulances and other

emergency vehicles - USA

10) Acquisition of Stronghaven Inc. which is a world-class Independent

manufacturer of corrugated packaging, displays and fulfillment

solutions - USA

11) Acquisition of Bahrain Aluminium extrusion company - Bahrain

12) Acquisition of Bahrain Islamic Investment company - Bahrain

13) Supervise the listing (IPO preparation) of various companies in

Bahrain stock exchange, Kuwait stock exchange.

14) Carried out a full Organisation Study for various Companies in

Kuwait including (Formal Organisation Chart, Company Bylaw,

Authorities Matrix, Strategy & Business Plan, Detailed Job

Description, Operating Policy & Procedures Manual, and Assistant in

software and hardware selection, Employees Stock & Cash Incentive

scheme, Design on an employee annual appraisal system.

. Mar.97 - Oct. 98 Vice President Research & Studies Department

. Employer: Kuwait Financial Center.

. Type of business Investment, financial

Consultants, Fund & Portfolio Management

. Location: Kuwait

Vice President for research and studies department leading the internal

research function to support other department with their needs from

researches and studies, Also have considerable experience in financial

consulting engagements, including due diligence, valuation, financial

analysis and profit projection, as well as feasibility studies and

preparation of Business Plans, In depth knowledge of Local and GCC laws and

regulations, statutory requirements.

1. For most of assignments the following duties are performed:

*Financial Due Diligence * Business Valuation

* Business Re-engineering * Company Restructuring

* Local Fund Structure * IPO Preparation

< Participated in:

1. Establishing Local investment Department.

2. Establishing international investment department.

3. Establishing Markaz local quoted fund.

4. Supervise the listing (IPO preparation) of various companies in

Kuwait stock exchange.

5. Carried out a full Organization Study for various Companies

in Kuwait including (Formal Organization Chart, Company

Bylaw, Authorities Matrix, Strategy & Business Plan, Detailed

Job Description, Operating Policy & Procedures Manual, and

Assistant in software and hardware selection, Employees Stock

& Cash Incentive scheme, Design on an employee annual

appraisal system.

. Nov.94 - Mar. 97 Assistant Financial Controller

. Employer International Financial

Advisers Co

. Type of business Investment, financial

Consultants, Fund Management

. Country: Kuwait

1. Coordinated the formulation and compilation of the company's

budget.

2. Provided proper consultation for budget developers to link

budgeting into the company's goals.

3. Monitoring and control the company's budget.

4. Monthly production of key management information for

presentation to the bank's Board of Directors.

5. Preparing and analyzing monthly business segment data for

submission to respective departments and discuss with the entire

department heads for any variation.

6. Overseeded the design and implementation of IT systems

7. Ensuring proper implementation of business and financial

applications.

8. Improved procedures and reporting tools to ensure information

is uniform and accessible.

9. Ensured the proper development and implementation of policies

and procedures for accounting and information reporting

14. Provided proper assistant and administration for staff under

supervisions.

15. Carried out such other ad hoc duties as assigned by Chief

Financial Officer.

. Oct.89 - Oct.94 Head of accounts department

. Employer E.E.M.C (ICL Kuwait )

. Country Kuwait

1. Reviewed the overall posting of the accounts to the General

Ledger,

2. Ensured monthly closing to all GL accounts and production of

company Trial Balance,

3. Ensured all adjusting entries resulted from accounts

reconciliations are posted to the GL.

4. Assisted the Function manager in all dealings with Auditors and

other regulatory bodies.

5. Supervised the work of subordinate to fulfill function

activities and ensure appropriateness

6. Ensured posting proper daily accounting entries.

7. Prepared the financial information on consolidated statements.



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