Board of Directors

Mr. Maher Masri

Chairman - Representative of Islamic National Investment Company

Mr. Masri holds BA and MA degrees in Economics from the American University of Beirut (AUB). He has worked as an economist in Lebanon, the UK, Jordan, Kingdom of Saudi Arabia and Palestine. In 1996, he was elected as a member of the Palestinian Legislative Council (PLC) and later served as the Minister of National Economy until 2005. As a Minister, he chaired the Palestinian Investment Promotion Agency (PIPA), the Palestine Standards Institution (PSI) and the Palestinian Industrial Estates and Free Zone Authority (PIEFZA), then served as the Chairman of the Palestine Capital Markets Authority from 2006 until 2014. Presently, he is a member of the Board of the Palestine Investment Fund (PIF) and the Palestine Exchange (PEX).

Mr. Talal Nasereddin

Vice Chairman - Representative of Birzeit Pharmaceutical Company

Mr. Talal Nasereddin holds a master’s degree in industrial chemistry from the American University of Beirut. He is the chairman of Birzeit Pharmaceutical Company since 1990, and the CEO of Birzeit Pharmaceutical Company from 1/4/1984 till 31/10/2024. In addition, Mr NaserEddin is the chairman of the Board of Directors of Abraj Investment & Development, chairman of Petropal for Mineral Oils, and Pal Ox for Natural Gas, and chairman of Lotus Financial Investment Company. He is also a board member of PalTel Group and the Palestinian Electricity Company, and Arab Hospitals Group.

Mr. Omar Masri

Representative of Islamic National Investment Company

He holds a B.B.A. in Finance from the George Washington University and completed a two-year, intensive wholesale credit-training program at the Philadelphia National Bank/Wharton Business School. He managed the facilities portfolio of the aforementioned bank in Japan and Thailand. In the early 1990s, Masri was a financial investment manager at Foreign & Colonial Emerging Markets in the United Kingdom. He founded and managed the world's first Middle Easter investment fund, which was listed on the New York Stock Exchange in 1996.

He founded and managed Atlas Investment Group for investment banking and financial advisory, which was acquired by Arab Bank in 2004, becoming its investment arm under the name AB Invest. He was appointed as the first head of global investment banking at Arab Bank and represented it at several institutions, including the Arab National Bank/Saudi Arabia. Masri founded the CFA Society Jordan in 2002 and is licensed as a financial advisor, broker, and investment manager by the Jordan Securities Commission. He co-founded the Dubai International Financial Exchange (Nasdaq Dubai) through his membership in the DIFX Practitioner Commission in 2004.

Mr. Alaa Sisalem

 Representative of the National Islamic Investment Company 

He holds a bachelor’s degree in Accounting from Ain Shams University in Egypt, and is currently the CEO of Vitas Palestine, an extension of Ryada Lending and Financial Services, a Cooperative Housing Corporation (CHF) affiliate.

Mr. Sesalem has over 35 years of professional experience in financial services, management and finance. He played a key role in the establishment and management of Vitas Palestine in the Palestinian Territories and contributed to ideas for credit management information systems through his work as an international consultant to CHF around the world. His career began in 1995 when he joined the CHF family as a financial manager, where he managed the financial affairs of HILP, a USAID funded institution. In 1996, he was appointed Deputy Director of ACP-CHF International, the USAID-funded home improvement loan program and became program director in 1998. Until 2008, he was the financial and administrative manager of the Cooperative Housing Corporation (CHF). He played a key role in unifying all the financial departments of CHF into one central unit. He also held several important positions. He was elected Chairman of the Board of Directors of the Palestinian Union for Small and Microfinance “Sharaka” in 2017, and he remains a member the Board today. At the end of 2021, he was elected as a member of the Board of Directors of the Palestine Islamic Bank.

Mr. Mohammed Abukhaizaran

Representitive of Rozan Medical Center

Abukhaizaran is a distinguished finance professional currently overseeing the investment portfolio at Rozan Medical Center. He serves as a board member at the Arab Hospitals Group, Arab Palestinian Investment Company (APIC), and Tamkeen Insurance Company, showcasing his leadership across diverse sectors. His background in financial auditing was extensively developed at Ernst and Young, providing him with a deep understanding of financial systems and controls.

Abukhaizaran holds a Bachelor’s degree in Finance from the American University of Sharjah and a Master’s degree in Finance from IE Business School. Demonstrating an unwavering commitment to continuous professional development, he has been a Chartered Financial Analyst (CFA) since 2021. His pursuit of excellence in finance is further evidenced by earning the Financial Risk Manager (FRM) and Financial Data Professional (FDP) certifications, along with the prestigious CFA Institute Certificate in ESG Investing.

These accolades underline his expertise in risk management, data-driven financial analysis, and sustainable investing practices, affirming his status as a dynamic and insightful leader in the financial domain.

Mr. Salah Al Daghma

Representing himself

Mr. Al Daghma holds a BA in literature from Beirut Arab University. He has held many leading positions with companies, including Head of Tenders and Procurement in the Abu Dhabi Government for 20 years. He also served as a senior staff member with Sheikh Zayed. He has various investments and participates actively in local, regional and international forums and conferences, in addition to owning Dadco Export-Import in Germany

Mr. Anwar Al Badawi

Representative of the Orphans Fund Development and Administration Foundation

He holds a Master's degree in Civil Engineering from Manhattan University - New York. He has been managing and owning Midmac General Contracting Company since 1999. He was previously elected as a member of the Board of Directors of the Palestinian Housing Council. He also worked as General Manager of Lada Contracting Company in Saudi Arabia, in addition Mr.Albadawi was a member of the Board of Directors of Takaful Insurance Company. He currently serves as a member of the Board of Directors of the Arab American University, Tamkeen Insurance Company, and the Orphan Funds Management and Development Foundation.

Dr. Majed El Helou

Representative of minority shareholders

He holds a PhD in Law from Abdelmalek Saadi University in Morocco. Between 1996 and 1999, he was a Legal Adviser at the State Audit and Administrative Control Bureau and served as Assistant Undersecretary in the Palestine Pension Authority from 1999 until 2013. He is the Vice Chairman of the Board of Directors of the Orphans Fund Management and Development Foundation and a member of many boards of directors is local institutions. He is also the Acting Chairman of the Board of Directors of the Palestine Pension Authority.

Mr. Ashraf Yassin

Independent Member

He holds a bachelor's degree in accounting from An-Najah National University in 1994, and an MBA from An-Najah National University in 2001. He worked in the banking sector for 28 years (16 years in Palestine and 12 in the United Arab Emirates) with a number of banks in Palestine including the Arab Bank, Cairo Amman Bank, and Arab Bank in the UAE. During the last 17 years, his work focused on business development and credit. He is a member of the finance, facilities and asset management committees.

He served as Senior Vice President, Head of the Department of Corporate banking and financial institutions in Palestine (2017-2022) at Arab Bank Palestine, and Senior Director of Corporate and Financial Institution Banking at Arab Bank in Abu Dhabi from 2005 to 2017. He took part in a large number of courses, conferences and scientific programs on banking and economic business in Palestine and other Arab and European countries.

Dr. Suhail Sultan

Independent Member

Dr. Sultan holds a Ph.D. in Business Administration from Maastricht University in the Netherlands, he is currently associate professor and director of the Master's Program in Supply Chain Management at Birzeit University and Head of Business Administration and Marketing Department. He is a member of the general assembly of the Palestinian Investment Fund. Dr. Sultan also works as a consultant with several international institutions in the areas of strategic planning and governance.

Mr. Abdel Hamid Al Abwah

Independent member

Mr. Al Abwah holds a BA degree in accounting from Birzeit University, and an MA degree in accountancy from George Washington University, Washington DC.

Currently, he is the General Manager of the Palestine Investment Fund. He has over 20 years of experience in auditing and management consultancy services with leading international accounting firms, both locally and internationally.

Mr. Al Abwah is a US Certified Public Accountant "CPA", a Canadian Chartered Accountant "CA", a Certified Internal Auditor "CIA", and a Certified Information System Auditor "CISA".