Samer Babelli, MBA, CPA, has a diverse and extensive work experience spanning several industries. Currently, they serve as the Director of Finance at the Islamic Corporation for the Development of the Private Sector (ICD). Prior to this, they held the position of Chief Financial Officer at Emirates Development Bank (EDB).
Before joining EDB, Samer worked as a Board Member at Interplast Group, a prominent industrial company. Samer also served as the Vice President and Head of Financial Accounting at Dubai Islamic Bank, where they were responsible for managing accounting and finance issues and analyzing special projects for senior management.
Samer's earlier experiences include their role as the Chief Financial Officer and Assistant GM at Syria Gulf Bank, where they were part of the executive management committee and managed the Financial Control Department. Samer also worked as the Treasurer at LAU Damascus Chapter.
Additionally, Samer has worked as the Chief Financial Officer at Fund For Integrated Rural Development Of Syria (FIRDOS), where they played a vital role in reorganizing and restructuring the organization. Samer has also served as an Assistant Financial Controller at American Life Insurance Company (ALICO) in the Gulf region.
Samer began their career as a Senior Auditor at Deloitte & Touche and later worked as a Supervisor in the Financial Services division at PricewaterhouseCoopers (PwC).
Overall, Samer Babelli brings a wealth of experience in finance, accounting, and management to their current role at ICD.
Samer Babelli holds a Master of Business Administration (MBA) degree in Finance from Alliance Manchester Business School, which was completed from 2013 to 2015. Samer also obtained a CPA certification from the American Institute of Certified Public Accountants in 1999. Samer'sundergraduate education includes a Bachelor's degree in Business Administration with a double emphasis in Finance & Banking and Accounting from Lebanese American University, completed from 1993 to 1998. Additionally, they have additional certifications such as Chartered Global Management Accountant (CGMA) from the American Institute of Certified Public Accountants in 2012, and they are a Level II CFA candidate from the CFA Institute in 2011.
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Islamic Corporation for the Development of the Private Sector (ICD)
The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral organization affiliated with the Islamic Development Bank (IsDB). Its authorized capital stands at USD 4 billion, of which USD 2 billion is available for subscription. Its shareholders consist of the IsDB, 55 member countries and five public financial institutions. Headquartered in Jeddah, ICD was established by the IsDB Board of Governors during its 24th annual meeting held in Jeddah in Rajab 1420H (November 1999). The mandate of ICD is to support the economic development of its member countries by providing financial assistance to private sector projects in accordance with the principles of Shari’ah, aimed at creating employment opportunities and enhancing their export potential. Furthermore, ICD has the mandate of mobilizing additional resources for projects and encouraging the development of Islamic finance. It also attracts co-financiers for its projects and provides advice to governments and private sector groups on policies aimed at encouraging the establishment, expansion and modernization of private enterprises, the development of capital markets, best management practices, and the enhancement of the role of market economy. ICD’s operations complement the activities of IsDB in member countries and also those of national financial institutions. #ICD_PS #ICD #IslamicFinance