Board of Directors
Michel Accad
Chairman of the Board of Directors
Mr. Michel Accad is the Executive General Manager of Bankmed S.A.L. and serves as an Executive Member on Bankmed S.A.L.’s Board of Directors.
Mr. Accad serves also as Chairman – General Manager of MedInvestment Bank S.A.L. and as Executive General Manager of Saudi Lebanese Bank S.A.L.
Mr. Accad served as the Group Chief Executive Officer of Al-Ahli Bank of Kuwait (ABK) from May 2014 to April 2020. He assumed this position after having successfully led the turnaround of Gulf Bank, another Kuwaiti lender, and contributed to its return to profitability following the 2008 crisis.
Prior to that, from 2006 to 2009, Michel was the Assistant Chief Executive of Arab Bank PLC, based in Amman. Within this capacity, he had direct responsibility over all Banking businesses globally, including Corporate and Investment Banking, Consumer Banking, Private Banking and Wealth Management, Treasury, and Credit.
Before moving to Arab Bank PLC, Mr. Accad spent 27 years with Citigroup, which he joined in 1979. His last post with Citi was Managing Director and CEO for the Middle East and North Africa (MENA) Division, a unit that spanned presence in 10 countries and contributed over $1 BN to Citi’s bottom line.
Mr. Accad holds MBA with Honors from the University of Texas at Austin.
Board of Directors
* Reference of independent Board member according to FINMA Circular 2017/1.