National Finance House (NFH) has announced the unanimous appointment of Mr. Talal Fuad Kanoo as Chairman and Mr. Mohammed Farouk Almoayyed as Vice Chairman to its Board of Directors.

Mr. Kanoo and Mr. Almoayyed have been board members of NFH since 2006 and were unanimously appointed to their new positions at the board of directors meeting held in May.

Mr. Kanoo, Chairman of NFH, is an accomplished executive with over two decades of experience with leading companies in the Kingdom. He also serves as the Managing Director and Chairman of the Executive Committee of Ebrahim Khalil Kanoo, and is a Board Member at Bahrain National Holding Company (BNH).

Mr. Almoayyed, Vice Chairman of NFH, brings with him vast business experience. He is currently Chairman of the Almoayyed International Group, member of the Board of Directors of Y.K. Almoayyed & Sons Group, Almoayyed Contracting Group, and Bahrain Economic Development Board. He was also recently elected to the board of the Bahrain Chamber of Commerce and Industry.

Mr. Kanoo praised the invaluable role played by outgoing Chairman Mr. Farouk Almoayyed and lauded the contributions he made along with outgoing Vice Chairman Mr. Fuad Kanoo, who worked tirelessly to create the successful financial entity that NFH is today.

“It is an honour to be appointed Chairman of the Board of NFH and along with the new Vice Chairman and the Board; I hope to continue the successful legacy shaped by the outgoing Chairman and Vice Chairman. I am confident that, with the collective experience of the new board, we will lead NFH through a new era of prosperity in order to provide the best service to our customers and support the local economy through our long term sustainable development goals.”, commented Mr. Kanoo.