Ebtisam Al Arrayed, Mba Email & Phone Number

Responsible for directing and leading the work of two divisions within the Financial Institutions Supervision Directorate, with 15 full-time staff with responsibility for the supervision of financial institutions in Bahrain including various lines of business such as investment business, trust service providers, money changers, representative offices designated, ancillary services Fund Administrators, and 5 full time staff responsible for the authorization and supervision of Mutual Funds/collective investment undertakings.Responsible for developing and delivering financial institutions prudential policies for the Regulatory Policy of the Central Bank of Bahrain (CBB)– the statutory body with responsibility for microprudential and macroprudential policy in the Kingdom of Bahrain- on capital resources, leverage, liquidity, credit risk, market risk and operational risk for CBB-licensed investment business, trust service providers, money changers, representative offices designated, ancillary services and fund administrators. This responsibility entails formulating, negotiating and implementing Bahrain national financial services policy relating to above-stated CBB licensees.

As Head of Regulatory Policy at CBB, I played an active role in administering & progressing regulatory policy matters in the financial sector, including having managerial responsibility for the conduct of all mandatory industry consultations. I have lead several interactive working groups with conventional and Islamic banks, on the Basel accords including presiding over the extensive consultation process with industry. Another critical area of my work was formulating policy for deposit protection in Bahrain pursuant to the Kingdom's Deposit and Unrestricted Investment Account Protection Scheme. I was responsible for incorporating BIS compensation principles, operational and credit risk management principles, consolidated supervision principles into the CBB Rulebook. In the Islamic banking industry, I have expert understanding of the guidelines issued by the IFSB such as the Revised Capital Rule for Islamic Banks (Basel III equivalent). I represented the CBB in several policy drafting committees at the IFSB such as the business conduct working group.Other areas I lead the policy formulation process include: incorporating the Kingdom's Code of Corporate Governance into the CBB Rulebook, offering of securities rules, closed-out netting regulation, business conduct rules, disclosure rules, the controllers' & the licensing regulations. I took the lead role in discussing and negotiating all these regulations with the Government's lawyers (at the Opinion and Legislative Commission). I frequently meet and correspond with leading CEOs and financial institutions, foreign central banks and regulators. I have been the CBB's (and hence the Kingdom's) representative at many high-profile overseas meetings such as the International Conference of Banking Supervisors organised by the BIS and meetings held by the FSI in Basel and elsewhere, the World Bank in Washington DC, IFSB , Banque de France, the Toronto Centre, the Arab Monetary Fund and the GCC Secretariat General.

Cayman Islands & Bahrain

Representing the Central Bank of Bahrain on the board of the reorganized/restructured entities of Arcapita Bank after existing from Chapter 11 US bankruptcy code.

Kl,Malaysia

Representing the Central Bank of Bahrain in the IFSB Technical Committee which is the body responsible for advising the IFSB Council on technical issues. The Technical Committee have the following duties and functions:(a) To present draft prudential and supervisory standards and guidance for Islamic financial services for consideration and formal adoption by the Council.(b) To advise and make recommendations to the Council on various specific technical issues referred by the Council.(C) To engage the services of an established representative body of Shariah scholars with the knowledge of industry practice approved by the Council to guide their deliberations.

I worked as a Financial Control Manager at the Budget and Expense Processing and Control Unit which is part of the Financial Control Department. My duties were mainly to manage, plan, organize and control the processing accounting system (fixed asset managing and accounting, manage and maintain intercompany reconciliation, issuing monthly operating expense reports to other departments) as well as overseeing the development and implementation of new systems and procedures in the processing group. In addition I was in charge of preparing the yearly budget for the whole bank as well as the quarterly forecast and analytical studies to compare the actual expenses versus the budget and enhance control. Furthermore I played major role in developing and implementing control technology enhancement for the unit as well as participating in special projects for the Unit. Three employees were reporting to me, Financial Control Supervisor, Senior Accounting and Accounting Clerk.

I worked as a Senior Financial Analyst at the Financial Analysis and Information Unit which is part of Study & Research Department, My duties were mainly to conduct analytical studies on the financial position of the listed companies in the Exchange on a quarterly, semiannual and annual basis and to issue flash reports on them, as well as publishing certain publications for investors such as the investor’s guides, financial highlights, statistical abstracts, etc. In addition I worked on the Bahrain daily, weekly and monthly Index and its related studies.

I worked at the Private Banking as a Personal Financial Consultant. My duties were to sell a complete range of personal banking products such as personal loans, car loans, mortgage loans, overdraft facilities, and different types of investment products. I have the Standard Chartered Investment Service Certificate.

Master Of Business Administration (M.B.A.) With Distinction, Financial Managment

Relevant course work: Advance Financial Accounting and Reporting Issuance, Budgeting and Profit Planning, Advanced Managerial Accounting.

Bachelor'S Degree, Accounting, Honour Student ,Gpa 3.67 Out Of 4 Points.

Relevant course work Financial Management, Financial Accounting, Cost Accounting, Bank Accounting, public Sector Accounting, Intermediate.

Education record

Standard Chartered Investment Service Certificate

Education record

Courses at Bahrain Institute of Banking and Finance • Detection & Prosecution of Securities Market abuses • Evaluating Company Performance.