The Board of Directors of Ithmaar Holding B.S.C announced the appointment of Mr. Maysan Faisal Almaskati as the Chief Executive Officer of Ithmaar Holding, and the Company's two wholly-owned subsidiaries, Ithmaar Bank and IB Capital after obtaining approval of the Central Bank of Bahrain. Prior to his appointment as Ithmaar CEO, Mr. Almaskati was serving as Ithmaar Bank's Assistant General Manager, Business Banking Group with over 24 years of investment and banking experience.