National Bank elects Said Zidan as Chairman of its Board of Directors and Nimer Abdul Wahid as Vice Chairman

SadaNews - The new Board of Directors of the National Bank has elected Said Zidan as its Chairman and Nimer Abdul Wahid as Vice Chairman.

Zidan's assumption of the bank's board chairmanship, representing minority shareholders, marks a significant development reflecting the new board's commitment to enhancing governance and transparency principles, ensuring equitable representation for all shareholders, and reinforcing the inclusive decision-making approach. His experience in technology and digital transformation enhances the bank's focus on innovation and modernizing its operational framework.

The new board includes a selection of Palestinian and international talents with diverse and qualitative expertise in banking, finance, investment, management, governance, and financial technology, enabling the bank to elevate the quality of its services and expand its reach by developing an advanced digital infrastructure that keeps pace with rapid developments in the banking sector and supports its leadership aspirations.

The new formation of the board also aligns with best practices in banking governance by ensuring effective representation of independent members and minority shareholders.

In addition to the chairman and vice chairman, the board includes Caesar Qolajin, the General Manager of the Jordan Commercial Bank; Fadi Moury, Head of Treasury and Investment at Union Bank/Jordan; Samih Al-Masri, Owner and General Manager of United Automotive Trade Co.; Abdullah Sabat, CEO of Padico; Issa Qasis, former Mayor of Ramallah; Reem Al-Sheikh, CEO of Wasel Group; Samer Al-Aloul, Chairman of the Board of Directors of United Financial Investments/Jordan; Rami Shaheen, Regional Manager for the South at the Global Insurance Company; and Kai French, Founder and CEO of INVESTORY.

Zidan expressed his pride in taking on this responsibility, appreciating the great trust placed in him by the board of directors, and affirmed that the new board will work according to an ambitious strategic vision aiming to achieve a qualitative shift in the bank's position, leading it towards a growth path that supports its role in serving the national economy and reflects its true capabilities.

He noted that the banking sector in Palestine faces fundamental challenges due to the political and economic circumstances, expressing confidence in the new board's ability to handle these challenges efficiently, emphasizing the importance of enhancing customer trust by providing advanced digital services that enrich their experience and elevate their expectations.

For his part, Abdul Wahid said: "We are fully prepared for this new phase, understanding the responsibilities and opportunities it entails. Therefore, we will work effectively to achieve the highest levels of operational efficiency and develop operational mechanisms that align with the bank's goals and future aspirations," adding that the diverse experiences of the board members will significantly contribute to supporting the executive management and advancing the bank's journey in the upcoming phase.

Zidan is a leading professional in the fields of digital transformation and artificial intelligence, with over thirty years of experience in leading strategic qualitative projects in major institutions in Palestine and the region across banking, telecommunications, higher education, government, and capital markets sectors. He is one of the key contributors to developing the national technology ecosystem and enhancing its position locally and regionally. He has previously held leadership and board membership positions in public and private companies and holds a master's degree in business administration (MBA) and a bachelor's degree in computer science.

Abdul Wahid has a distinguished career and over twenty-four years of practical experience in Masar Global Group, during which he held senior positions in the Palestinian private sector in financial management, business development, and investment. He has extensive experience in audit, having held leadership and membership roles in many boards of public and private companies, including banks. Abdul Wahid holds a master's degree in business administration and is a certified public accountant (CPA) from the United States, as well as a member of the American Institute of Certified Public Accountants.

The National Bank (TNB) is one of the leading banking institutions in Palestine, offering a comprehensive range of banking services for companies and individuals, alongside investment services and financing for small and medium enterprises.