Ajman Bank
Mohamed Shiraz Thowfeek has extensive experience in the banking sector, specializing in Anti-Money Laundering (AML) and sanctions. Currently serving as the Head of AML and Sanctions at Ajman Bank, previous roles include Head of AML and Sanctions, as well as Head of KYC and Sanctions at ADIB - Abu Dhabi Islamic Bank, and Senior Manager Internal Audit. Additional experience encompasses a position as Trade Finance Officer at the National Bank of Umm Al Qaiwain and Officer at ANZ. Mohamed Shiraz Thowfeek received education at Isipathana College from 1974 to 1986.
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Ajman Bank
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Established in 2007, Ajman Bank was the first Islamic bank incorporated in Ajman. While its shares were listed on the Dubai Financial Market in February 2008, the bank officially began operations in 2009 from two branches in Ajman. Strongly supported by the emirate’s government, which owns 25 per cent shares of the bank, it is headquartered in Ajman with branches and ATMs across the UAE. A key pillar in the emirate’s economic development strategy, Ajman Bank provides a broad range of value-driven responsible banking and financial services in the UAE, in compliance with Shari’ah principles, for individual, business and government institutions aimed at enabling growth and economic progress. With a focus on delivering value to our shareholders and customers, at Ajman Bank we are committed to becoming a sustainable organization in the truest sense by reaching our true potential through excellence. Balancing care for the community and employees, we are dedicated to creating a better future for all, with exciting financial opportunities. We have the right vision, the strategy, the right resources, and the right people to meet our objectives. It is a source of pride for us to nurture, support and develop the careers of the UAE Nationals. At Ajman Bank we are among the pioneers of Emiratisation in the United Arab Emirates having made Nationalization the core of our strategy since the very beginning. Over the years we have been recognised and honoured by the country’s top awards for our role in Emiratisation including the prestigious UAE Emiratisation Award by the Ministry of Human Resources and Emiratisation and Nationalization Award by the GCC Council of Ministers of Labour and Social Affairs.