Banking and FinancePolitics

Finance Minister Announces Key Leadership Shift: Rashid Bank Director Transitions to Islamic Bank

In a significant move aimed at restructuring leadership within the financial sector, Finance Minister Taif Sami has announced an administrative reshuffle that involves the reassignment of Mohamed Samir Abbas, the current director of Rashid Bank. Abbas will now assume the role of director at Mesopotamia Islamic Bank.

An official document confirmed this directive from the Minister of Finance, stating, “Finance Minister Taif Sami was directed to rotate the director of the Rashid Bank, Mohamed Samir Abbas, to be the director of the Mesopotamia Islamic Bank.”

This change is positioned within the broader context of enhancing the operational capabilities and governance of banks in Iraq, reflecting the government’s commitment to a more dynamic and responsive financial system.

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