News Column

Commercial Bank announces new executive appointment

August 4, 2014



Commercial Bank is pleased to announce the appointment of Mr. Colin Macdonald as Executive General Manager, Business Enablement.

In a statement, Mr. Hussain Alfardan, Vice Chairman and Managing Director of Commercial Bank said; "Colin has wide banking experience built over 26 years, eight of which has been spent in the Middle East.  Colin will further enhance the capabilities of our already strong management team and I am confident we will continue to build on our leading position within Qatar and the region".

Mr. Abdulla Al Raisi, Chief Executive of Officer , further commented: "We are delighted to have Colin on board who, with his depth of banking experience, will drive a number of the important initiatives for Commercial Bank and further strengthen the leadership team."

Colin Macdonald said: "I am proud to be joining Commercial Bank at this important time. It is one of the pre-eminent banks in the Middle East with a strong brand and position in Qatar.  I'm looking forward to further developing the Bank's position in its key markets."

Colin Macdonald is a leading banking executive with over 26 years of banking experience including extensive experience in the Middle East.  Prior to joining Commercial Bank he was Group CEO of Shuaa Capital, the leading regional investment bank, where he played an integral part in the reorganization and strategy implementation that returned the group to profitability. 


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Source: CPI Financial


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