General counsel to the executive management | Arab Bank
Basem Al-Imam
General counsel to the executive management | Arab Bank
Arab Bank is one of the largest financial services companies in the Middle East, and holds a place in history as the first private financial institution founded in the Arab world. Originally founded in Jerusalem in 1930, the bank is now headquartered in Amman, Jordan, but with clients and branches across five continents. The task of safeguarding the legal affairs of the growing bank currently falls to Basem Al-Imam, who has a dual role of head of legal affairs and board secretary. As part of the senior management at Arab Bank, Al-Imam has not only facilitated a number of financings and transactions, but has also contributed to some of the most important bank-wide strategic decisions in recent years. Under his watch, Arab Bank has been part of a number of regional legal and compliance initiatives, which demonstrate the bank’s commitment to the safety and security of its clients. Al-Imam and the team have been kept busy over the years contesting a number of legal battles in the courts, with a very high success rate.